Large castings and forgings are in short supply in China

In recent years, China's heavy equipment manufacturing industry has recovered, and the demand for large castings and forgings is strong.However, due to the lack of manufacturing capacity and technology lag, leading to a shortage of goods.
According to reports, the increasing demand for major technical equipment in various industries in China has made the market of large castings and forgings expand rapidly.
According to Wang Baozhong, President of China First Heavy Steel Casting & Forging Co., five years ago, its annual output value was less than 1 billion yuan (RMB). Now it is more than 10 billion yuan.A heavy production task has been scheduled to 2010, due to limited production capacity, some domestic and foreign orders dare not undertake, only to hand over to foreign competitors.
In addition, China has not yet mastered the manufacturing technology for nuclear power equipment that represents a high level of large castings and forgings, and the technical blockade imposed by foreign countries on China and the failure to provide its finished forgings has led to the serious delay of some existing power station projects in China.
Industry insiders pointed out that Chinese enterprises should carry out large-scale technological transformation of manufacturing equipment to comprehensively improve manufacturing capacity and production efficiency.At the same time, due to the complex shape and many processes of large castings and forgings, experts in various fields are required. The r&d team should be led by the state to form a joint force to break the technical bottleneck of large castings and forgings.

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Post time: Jul-13-2020

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