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At Present, The Domestic Tool Industry Has A Serious Waste Of Resources
- May 25, 2018 -

At present, the domestic tool industry has a serious waste of resources

Some data show that our country produces about 80 thousand tons of high speed steel, accounting for about 40% of the total output of the world. However, because of the lack of accurate mastery of the information of market supply and demand, the high speed steel cutters in production have to be sold in a large amount and have to be sold at low prices, resulting in a large number of cutting tool production enterprises, and a large amount of precious tungsten and molybdenum are wasted. There are resources. Similarly, China produces 16 thousand and 500 tons of cemented carbide per year, accounting for about 40% of the world's total output. However, the output value of cutting tools with the highest added value in cemented carbide products is only 3 thousand tons, accounting for only 20%. Thus, on the one hand, the supply of domestic carbide tools is badly needed, and on the other hand, valuable cemented carbide resources are not fully utilized.

80 thousand tons of high speed steel and 16 thousand and 500 tons of hard alloy, the final sales of cutting tools only accounted for 15% of the global total, which fully reflects the extensive development of the industry and the seriousness of the waste of resources.