Export Trend of A516Gr70 in the Global Market

A516Gr70, a high-strength carbon steel plate for pressure vessels, has become one of the most widely exported grades in the global steel market. Known for its excellent notch toughness, weldability, and suitability for low-to-moderate temperature service, it is increasingly favored by international buyers across diverse industries.

In recent years, the export volume of A516Gr70 has shown steady growth, particularly in emerging markets such as the Middle East, Southeast Asia, South America, and Africa. These regions are seeing rising demand for ASME-compliant materials driven by investments in energy, infrastructure, and petrochemical industries. A516Gr70's compliance with ASTM A516/A516M and availability in multiple delivery conditions (such as normalized or stress-relieved) make it highly adaptable to local engineering codes and project standards.

One of its key advantages lies in its suitability for thick-section vessels, which makes it a preferred material for refinery storage tanks, LNG transport cylinders, thermal power boilers, and high-pressure industrial applications. Most exports are delivered with third-party inspections and certifications from BV, DNV, SGS, or Lloyd's Register, ensuring smooth customs clearance and technical acceptance in international projects.

China, as a leading producer and exporter of pressure vessel steel, continues to play a central role in the global supply of A516Gr70. Under initiatives such as the Belt and Road, Chinese mills are expanding their footprint by supplying cost-effective, high-quality steel plates to countries engaged in infrastructure and energy development.

With its proven performance, global certifications, and competitive pricing, A516Gr70 is expected to maintain its strong export momentum and remain a cornerstone in the global pressure vessel steel market.

A516Gr70