The Demand For Heavy Caster Will Continue To Grow Steadily In The Coming Years
Heavy Duty Iron Caster Manufacturer shares that, in the future, China’s economic growth still has a high-speed growth period of 10 to 20 years. The continuous increase in investment will bring rigid demand to the steel industry.
In the future, China’s economic growth will still have a high-speed growth period of 10 to 20 years. Continuous incremental investment will bring rigid demand to the steel industry. News learned that in the fourth quarter of 2012, China’s development and reform commission approved 43 infrastructure projects in close communication, the amount of investment 1.36 trillion, steel demand will be released, and “One Belt And One Road” China’s strategy and the strategic transformation of the Marine economy, will also bring broad demand for steel.
The growth of steel structure housing will also bring a lot of steel consumption. Recently, steel structure buildings have accounted for 50% of China’s developed four-inch heavy heat-resistant universal wheel, while the proportion of the whole construction industry in China is less than 5%. This indicates that steel structure houses have a rapid growth space.
Heavy Duty Iron Caster
Rising exports have opened up new markets for steelmakers. In 2017, China’s steel exports continued to surge, reaching 93.78 million tons for the whole year. In the first two months of 2013, although it slowed down a bit, the four-inch heavy-duty heat-resistant cardan wheel still increased 26.34% year on year.
China’s steel demand growth will be around 3% in 2017, and steel demand will still grow steadily in the next 10 years.
But the fact is that the 4 inch heavy heat resistant universal wheel, steel enterprises high profit era has ended the space is not large, the industry pattern is also experiencing a reshuffle. Recently, there has been a sharp recovery. There are about 90 private iron and steel enterprises in hubei province that belong to the iron and steel association. According to the hebei steel industry structure adjustment plan approved by the national development and reform commission, by the end of 2018, hebei will reduce its production capacity on the basis of reducing 73.7 million tons of production capacity, promote joint restructuring, reduce the number of steel smelting enterprises in the province by 60%, set up about 15 large steel enterprise groups to increase the rate of wheel, accounting for more than 90% of the province’s production capacity.
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