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Development process of stainless steel industry in China

Development process of stainless steel industry in China

E-BON E-BON 2017-09-12 20:33:22
The development of stainless steel industry in China is relatively late. Since the founding of the people's Republic of China, before the reform and opening up, the demand for stainless steel in China has mainly been dominated by industrial and national defense. After the reform and opening to the outside world, the rapid development of the national economy and the remarkable improvement of people's living standards have stimulated the demand for stainless steel. In the last century, after 90s, China's stainless steel industry entered a period of rapid development, the growth rate of stainless steel demand is much higher than the global level. 

Since 1990, the apparent consumption of stainless steel in the world has increased by an average annual rate of 6%, while the apparent consumption of stainless steel in China during the 10 years of 90s is 2.9 times that of the world. In twenty-first Century, China's stainless steel industry grew at a high speed.

In 2000 -2006, the average annual growth rate of China's stainless steel consumption was above 21.17%. Among them, in 2001, China's apparent consumption of stainless steel reached 2 million 50 thousand tons, more than the United States, becoming the world's largest consumer of stainless steel.
In 2008, China's apparent consumption of stainless steel reached 6 million 240 thousand tons, down 5.17% year on year. E-BON the most excellent stainless steel company, which provide you with Professional Hammered Moscow Mule Copper Mugs.
In 2011 November, the output of stainless steel in China increased by 11.1% to 12 million 500 thousand tons. Production of stainless steel products 336 thousand and 800 tons, an increase of 65.25%. Among them, Guangdong is the main production base of stainless steel products in China, its output reached 1 million 837 thousand tons, an increase of 41.76%, accounting for 78.62% of the country's total output.

The chromium and nickel in the raw materials of stainless steel industry in our country are more than supply abroad, while in our country the supply is in short supply; the stainless steel is the excess capacity, the supply exceeds demand, and the profit space fluctuates frequently. E-BON the stainless steel specialist, Stainless Steel Ice Cream Spoon in china.

With the increasing competition in the steel industry, large stainless steel production enterprises merging and capital operation has become increasingly frequent, the domestic stainless steel production enterprises outstanding more and more attention to research on the industry market, especially the research on enterprise development environment and customer demand trends. 

Because of this, a large number of domestic outstanding stainless steel brands rise rapidly, and gradually become the leader in the stainless steel industry!

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