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Weak demand from the domestic stainless steel industry prompts Japan to increase exports of nickel products
The world's stainless steel industry has reduced demand for nickel products, resulting in a large surplus of nickel products worldwide. Japan's domestic stainless steel industry is also in a downturn, which prevents the stainless steel industry from effectively consuming nickel products. Therefore, Japanese nickel product manufacturers need to look for buyers in the international market. According to the analysis of relevant departments, Japan's nickel export volume in 2013 may hit a new high.
11
2013
/
06
The slowdown in the growth rate of domestic casting production has become an indisputable fact in the industry
My country's output is second to none in the world, and it has been the world champion for more than ten years. However, relevant experts said that the growth rate of my country's casting output will slow down significantly in the future. It is understood that since the second half of 2012, the demand structure of castings in downstream industries has changed significantly. There has been a relatively large decline in the demand for domestic castings, which affects the changes in the total amount of domestic castings. In addition, as an important customer of the domestic casting industry, the automobile industry has been continuously optimizing its structure in recent years, which also affects the changes in domestic casting production to a large extent.
"National Professional Foundry Exhibition" moved to Nanjing
From April 12th to 14th, the "2011 China Foundry Parts Exhibition and the 8th China International Nonferrous and Special Casting Exhibition" hosted by China Foundry Association will land in Nanjing International Expo Center. The exhibition has been held in first-tier cities such as Beijing and Shanghai in the past, and it will be moved to Nanjing for the first time this year, with an expected exhibition area of nearly 20,000 square meters.
04
2011
03
Economic recovery boosts US casting sales
The US foundry industry is currently recovering from the economic crisis (from late 2008 to early 2010). In 2007, the annual sales of the American foundry industry was 28.2 billion U.S. dollars, but in 2009, when the financial crisis was severe, the annual sales were only 21.2 billion U.S. dollars. The American foundry industry has shown signs of recovery since 2010, with an annual growth rate of 9.3%. In 2011, the speed of economic recovery is expected to accelerate, and the annual sales are expected to be 26.3 billion US dollars. The US foundry industry will return to the level of 2007 in 2012 and surpass it in 2013.
Jiangsu Wanheng Casting Industry Co., Ltd.
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