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Future Challenges of Stainless Steel Industry in China

Oct. 20, 2020

Future Challenges of Stainless Steel Industry in China

Future Challenges of Stainless Steel Industry in China

On October 15, 2020 (the first) high-end forum of China's stainless steel and special alloy new material industry was successfully held. Zhong Shaoliang, chief representative of the Beijing Representative Office of the world iron and Steel Association, said in his opening speech: the economic development of China and other countries, as well as the yearning for a better life and the unremitting pursuit of the quality of life, determine the future of stainless steel and special alloy materials There is still a very broad market space in the past few years. Through the efforts of stainless steel peers around the world, in the past 10 years, on the basis of consolidating the existing market share, stainless steel is gradually replacing some replaceable products in many fields, including ordinary carbon steel products, aluminum alloy, reinforced plastics and carbon fiber.

Facing the future, with the increasingly strict environmental protection regulations around the world, in order to continue to tap the potential market share of stainless steel and to cope with the competition of alternative materials, the stainless steel industry needs to continue to take the road of innovation, increase innovation investment in production technology and application, so as to meet the challenges in the future. Zhong Shaoliang believes that this is also the purpose of Zhongguancun stainless and special alloy new material industry technology innovation alliance.


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