As an essential equipment for industrial manufacturing, machine tool castings grow at a double-digit rate every year. During the period of rapid development of the machine tool casting industry, it has become the mainstream of machine tool consumption in China. In recent years, the strong demand for machine tool castings in China will continue to grow, with an average annual compound growth rate of 37.4%. The domestic machine tool industry presents a situation of common development among state-owned, private, and foreign-funded enterprises, with optimized industry structure and significantly improved overall quality The country will also continue to support development, and during the 12th Five Year Plan period, China will continue to invest and increase efforts. Major special projects will drive more than 10 billion yuan in funding each year.
Compared with developed countries, the development of machine tools, machine tool castings, welding platforms, and motor testing platforms in China started relatively late, but has maintained a rapid growth trend. Chinese enterprises have already occupied a place in the mid-range machine tool casting market, while high-end machine tools are still in a state of importing more foreign machine tools due to technological reasons. The good development trend of China's machine tool casting industry indicates that demand is still at a high level. Relevant enterprises should seize the opportunity and strive to achieve the transformation of products from low-end to high-end, from primary product processing to high-precision and cutting-edge product manufacturing as soon as possible, and strive to transform from a major producer of machine tool castings to a strong country of machine tool tools.
Changshu Hongqiao Cast Steel Co., Ltd. mainly produces various specifications of carbon steel, high, medium and low alloy steel, stainless steel, heat-resistant steel, high manganese steel, and high chromium cast iron. Provide high-quality cast steel parts for industries such as petroleum, chemical, metallurgical, mining machinery, coal mining machinery, wind power, nuclear power, and marine, and export them abroad. Changshu Hongqiao Steel Casting Co., Ltd. specializes in custom-made steel castings for ships, ABS marine engineering services, spray preventer steel casting, and cast steel production