Overall Development Status of China's Stainless Steel Industry

Large Stainless Steel Enterprises Pattern

After several years of construction, the large backbone stainless steel enterprises in China have put into operation, the complete process equipment supporting these enterprises, a high level of technical management, China's stainless steel production reached a certain scale. By the stimulation of market demand, the development of the private stainless steel factories quickly has emerged. A group of a certain size and compare state-of-the-art technology and equipment companies come into being. Due to the flexibility of private mechanisms, and better able to meet the market demand, it has become China's stainless steel market strength. Market demand in the event of a change, species also changes. The current situation is that manufacturers occupy the hot-rolled, cold rolled stainless steel sheets (volume) of the market, to support the country's key industries, key projects; private enterprises accounted for the majority of bar, wire, seamless steel pipe, narrow steel, as well as part of the profile and steel wire market.

Stainless Steel Exports Increase

A few years ago, domestic demand for stainless steel depended on a large number of imports, but with the development of the domestic stainless steel industry, China's stainless steel gradually increases the self-sufficiency rate, exports also gradually increase. The self-sufficiency rate of stainless steel coil and steel plates is 89% in 2010, the first time in May 2010, the stainless steel exports is more than imports, net exports is 470,400 tons as of the end of 2010, we have achieved the role transformation of a stainless steel net importer to a net exporter.

Ferritic Stainless Steel Technology Improves

The time of heavy use and large-scale production of stainless steel in China is not long, businesses and consumer lack of understanding of the stainless steel, there is a gap of the rational use of stainless steel products in China and abroad. Of ferrite production and use of a small amount of one of the main reasons is the smelting backward production technology, production of 400 series stainless steel deep drawing properties, corrosion resistance and welding performance is below standard. If enterprises want to improve in production technology, strengthen propaganda and guidance at the same time, they should let the majority of consumers enhance the understanding of the 400 series. The proportion of the use of 400 series ferritic stainless steel in China in 2010 reached 27.77%, which is close to the level of developed countries. Many stainless steel companies develop a series of super-ferritic stainless steel, duplex stainless steel, super duplex stainless steel, super austenitic stainless steel and corrosion resistant alloy products, and they have been widely used in various fields of the national economy. The ferritic stainless steel is one of the key development directions of China stainless steel.

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