Mining carbide cutting tools and high-end market

Currently, through continuous learning and strategic planning, China mold business has accounted for half of the market, but the business is still in development highlights several fatal problem, if paid insufficient attention to improper handling, it will seriously affect the development and progress business.

At this stage, the type of carbide cutting tools in developed countries dominate 70% ratio. The proportion of positive 1 percent growth in high-speed steel cutting tools, with a 2% drop rate fell to below 30%. Meanwhile, China has become the need of hard cutting tool processing enterprises, is widely used in heavy-duty vehicles and parts production, mold manufacturing, aerospace and other major tools, but tools of our businesses are blind, a large number of high-speed steel and some low-grade standard tool without taking into account market saturation and business needs, and ultimately high value-added, high-tech and advanced tools on the market, "hand over" to foreign companies.

Data show that the current annual sales of approximately $ 14.5 billion tools, carbide cutting tools, the lack of 25% of the proportion, but the needs of the domestic manufacture of carbide cutting tools have occupied, including the type of serious blind production can not meet more than 50% of domestic production the growing demand for metal cutting tools, thus forming a vacuum high-end market, foreign companies accounted for the final.

In 2007, China produced 16,500 tons of carbide, there are 4500 tons for the cutting tool production, the number of Japanese fairly. But the value of the tool, only $ 800 million, far more than twenty-five billions of Japan, which fully shows that the production of domestic and foreign small and efficient tool Carbide overall level is still a large gap. Therefore, under the premise of domestic enterprises can not meet the market demand, the manufacturing sector must rely heavily on imports to solve. Data show that the main foreign sales growth tooling year-end market in China grew 30%, exceeding the average annual growth rate of domestic knives.