Operation and Prospects of Important Casting Demand Industries

Chen Bin, Executive Vice President of China Machinery Industry Federation and Director of the Expert Committee of China Machinery Industry Federation, pointed out in the theme report of the annual meeting: In 2017, the economic operation of China's machinery industry can be summarized in two sentences: stable and good situation The worry of stability still exists. Among them, there were 87,000 enterprises above designated size in the machinery industry in 2017, accounting for 22.57% of the total industry. The main business income was 24.54 trillion yuan, accounting for 21.07% of the total industry, and the total profit was 1.713 trillion yuan, accounting for 22.79% of the total industry. The total import and export volume was US$ 712.2 billion, accounting for 17.35% of the country's total import and export volume. Among them: imports of 306.3 billion US dollars, accounting for 16.64% of the country's total imports, exports 406 billion US dollars, accounting for 17.94% of the country's total exports.
   It is expected that the overall economic operation of the machinery industry will be relatively stable in 2018, but the growth rate will be lower than that in 2017. The industrial added value, main business income, and profit growth rate will be around 7%. Import and export trade grew moderately, and the growth rate will be lower than 2017.
   In the automotive industry: In 2018, the preferential policies for small displacements of 1.6 liters and below were withdrawn, and the restrictions on automobile consumption in automobile use environment became more and more obvious. In addition, the production and sales volume of automobiles was close to 30 million, and the base was large. The automobile industry has entered a relatively stable state. Growth period. Although new energy vehicles are expected to maintain rapid growth, the overall base is low, and the effect on industrial upgrading is obvious, but it has little impact on the economic operation of the whole industry. The increase in the number of heavy goods vehicles dropped significantly.
   Construction machinery: The overall development continued the growth momentum in 2017, and the current industry demand is still stable. Construction of airports, railways, highways, mines, and rural water infrastructure has played a significant role in maintaining the growth of construction machinery and equipment. It is expected that the construction machinery industry will continue to maintain its growth momentum in 2018, but the growth rate will fall back, and exports are cautiously optimistic.
General machinery: As the third largest industry in the machinery industry, due to the relatively broad market segment of petrochemical general machinery products, the economic situation of various related industries is getting better, especially the tightening of energy-saving policies in high-energy-consuming fields has brought the market demand for technological transformation to the industry. The increase is focused on areas with high energy consumption such as metallurgy, building materials and textiles. Small industries such as fans, pumps and compressors are the main stock markets. In particular, the rise in international oil prices has led to an active investment in the industry, and the overall recovery will continue. It is expected that the petrochemical general industry will maintain a steady growth trend in 2018, and the growth rate is expected to be higher than 2017.
   Heavy machinery industry: 2018 Heavy machinery industry service sector Power, steel, nonferrous metals, coal, building materials and other energy raw materials industry restructuring, the capacity to continue the production environment will continue, the domestic market's incremental demand is limited; petrochemical industry due to multi-level oil prices Climbing, investment activities are relatively active, and the market has grown. It is expected that the growth rate in 2018 will be the same as or increase in 2017.
   Machine tool industry: During the critical period of transformation and upgrading, market demand will also show moderate growth; industry operation continues the trend of restorative growth in 2017, and is expected to be flat or slightly increased in 2018 and 2017.
Shipbuilding industry: In 2018, the global economic development will tend to be stable, and the shipping market is expected to stabilize. The international shipping demand has increased slightly, the old ships have been eliminated, the excess capacity will be further digested and absorbed, and the new ship market is expected to remain active. It is estimated that the global new ship volume will be between 70 million and 75 million deadweight tons in 2018, and the offshore engineering equipment turnover will be about 13 billion US dollars. The new ship price may rise slightly. The trading volume of large ships will fall back in 2018, some small and medium-sized ships will be active, and a few special ship markets such as luxury cruise ships, car carriers and passenger rolling boats are still worthy of attention. Global oil and gas development will continue to pick up, and market hotspots will continue to focus on floating production platforms, offshore wind farm construction and operation equipment, and LNG-related equipment.
   Casting products completed from January to March 2018: The production of cast iron parts was 6.932 million tons, up 4.32% year-on-year. The production of cast steel parts was 2,446,700 tons, a year-on-year increase of 6.43%. It is expected that the output of casting products will maintain a steady growth at a low speed in 2018.