According to statistics, since 2010, the growth rate of production and sales of the machine tool industry has been over 40%. Galaxy Securities expects that the compound growth rate of the machine tool industry will be 25% to 30% in the next five years, and mid- to high-end CNC machine tools will become the main force for growth. Galaxy Securities explained that “the growth momentum comes from the continuous upgrading of existing products, gaining international market share, and on the other hand, through technology research and development and product innovation, entering the country’s key support product areas and forming new growth points. â€
Weathering steel, i.e. atmospheric corrosion-resistant steel(Corten Steel), is a series of low-alloy steel between ordinary steel and stainless steel. Weathering steel is made of ordinary carbon steel with a small amount of corrosion-resistant elements such as copper and nickel. It has the characteristics of toughness, plasticity, forming, welding and cutting, abrasion, high temperature and fatigue resistance of high-quality steel. The weathering resistance is 2-8 times of ordinary carbon steel and the coating performance is 1.5-10 times of ordinary carbon steel. At the same time, it has the characteristics of rust resistance, corrosion resistance, life extension, thinning and consumption reduction, labor saving and energy saving. Weathering steel is mainly used in railway, vehicle, bridge, tower, photovoltaic, high-speed engineering and other steel structures exposed to the atmosphere for a long time. It is used to manufacture containers, railway vehicles, oil derricks, seaport buildings, oil production platforms and containers containing hydrogen sulfide corrosive medium in chemical and petroleum equipme.
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Shandong Guanzhou Iron and Steel Group Co., Ltd , https://www.cnshansteel.com