Significant growth rate in the use of high-end die-casting mold steel

With the rapid development of China's auto, mechanical and electrical industries, the demand for die-casting die steel is increasing, especially the growth rate of medium-to-high-end die-casting die steels. This is due to the high-end equipment and parts used in the automotive and electromechanical industries in China. The increase in demand has led to an increase in the demand for mid-to-high-end mold steels that produce them.

The molds are consumables and they are used in large quantities, especially in China's automobile and electromechanical industries, which are growing and expanding. As the technical level of the automotive and electromechanical industries is improved and the product performance is improved, there is a need for middle and high-end molds to produce what they need. Parts, so the demand for high-end die-casting mold steel increased significantly.

At present, China's high-end die steels are mostly imported from abroad. With the continuous development and expansion of China's high-end die-casting die steel industry, it is expected that the average annual growth rate of domestic die steel production will reach around 12% from 2010 to 2015. The output of die steel is affected by its economic development environment. The average annual growth rate is far lower than the domestic level. Therefore, it is no problem to realize import substitution in the future.