BorgWarner's net sales increased 1% in 2012 Net profit fell 9%

In January 2013, BorgWarner Group announced that its net sales in 2012 reached US$7.18 billion, an increase of 1% year-on-year; net sales in the fourth quarter of 2012 decreased by 3% year-on-year to US$1.72 billion.

The 2012 net profit of BorgWarner totaled 500 million U.S. dollars, which was 8.9% lower than the 550 million U.S. dollars in 2011. In the fourth quarter of last year, the net profit reached 121 million U.S. dollars, which was 0.8% lower than the 122 million U.S. dollars in the same period in 2011.

Among all business units, BorgWarner's engine business unit net sales reached US$1.17 billion in the fourth quarter, down 6.3% year-on-year; adjusted EBIT in the fourth quarter fell 10% year-on-year to US$182 million. In the fourth quarter, net sales of powertrain business were US$559 million, a year-on-year increase of 4.7%; adjusted EBIT was up 5% to US$49 million.

Ship Building Plate

Due to the harsh working environment of the ship, the hull shell is subject to chemical corrosion of seawater, electrochemical corrosion and corrosion of marine organisms and microorganisms; the hull is subjected to large wind and wave impacts and alternating loads; the shape of the ship is complicated by processing methods, etc. Steel for hull structure is strictly required. First of all, good toughness is the most critical requirement. In addition, high strength, good corrosion resistance, weldability, forming properties and surface quality are required.

Shipbuilding Steels Our hot rolled shipbuilding steel is produced in accordance with the relevant Classification Society, examples of which include Lloyds Register and Det Norske Veritas.

Our steel products include steel shipbuilding plate, fabricated steel sections and floor plate for decking. We can also supply bulb flats for plate stiffening, structural steel angles and inverted angles.

Our plates are supplied under the ASTM/ASME specification (ASTM A131 / ASME SA 131) which is the standard specification for Structural Steel for Ships. We offer higher strength shipbuilding steels as standard .High strength steels offer significant cost advantages by reducing the weight of the structure in comparison to the steel used.

The plates are suitable for use in the construction of container ships and large cargo freighters as well as commercial shipping lines such as luxury cruise ships and ferries. Supply options include heavy plates, surface treated plates and pre-fabricated sections. In most cases, the steel can also be supplied as hot rolled coils or cut into lengths (sheets).

These high yield materials are commonly used in the construction of hulls and superstructures for large shipping vessels. The grades are exclusively for shipbuilding use as set out in the standard.


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Shandong Guanzhou Iron and Steel Group Co., Ltd. , https://www.guanzhouiron.com