Good News for the stainless steel industry

Recently, a series of new news came from both the stainless steel market and technology field, showing the vitality and development potential of the stainless steel industry.

According to market information, in September 2024, the domestic stainless steel imports were 119,800 tons, an increase of 20.39% sequentially, but a decrease of 48.23% year-on-year. At the same time, stainless steel exports were 458,500 tons, although the chain decreased by 6.03%, but increased by 33.68% year-on-year. This shows that the competitiveness of China’s stainless steel industry in the international market continues to improve, at the same time, the import demand in the domestic market is also growing gradually.

In terms of technological progress, Zhejiang Zaisan Titanium and Nickel Alloy Material Co., Ltd. recently obtained a patent named “a stainless steel pipe automated cutting device”. The device includes a laser cutting machine shell, circular motion mechanism, hydraulic cylinders and dual-axis laser cutting components, realizing the multi-directional and multi-angle flexible movement of the laser cutting head and precise cutting. This innovative technology will greatly enhance the flexibility and accuracy of cutting to meet the needs of a variety of pipe cutting, bringing higher efficiency and better quality to the stainless steel processing industry.

In addition, the development of duplex stainless steel in China has also made great progress. In the relevant seminar held from September 19 to 20, the participating experts pointed out that China’s duplex stainless steel research and application has been gradually transitioned from the long-term running with the international development stage to the international duplex stainless steel development and running stage. Duplex stainless steel has high strength, high corrosion resistance, excellent welding performance and stability in a variety of environments, in the petrochemical industry, marine engineering, paper and food processing and bridge load-bearing structures and other fields are widely used. In the future, China’s duplex stainless steel will be along the industrialization of high-alloy grades of new process preparation, process optimization, cost control and performance enhancement, new areas of application to expand the direction of development.

To summarize, the stainless steel market and the field of technology are in constant development and change. Advances in technology will bring higher efficiency and better quality to the stainless steel processing industry, while the growth of market demand and international competitiveness will promote the continued development of the stainless steel industry. In the future, with the research and development and application of duplex stainless steel and other high-performance stainless steel, the stainless steel industry will usher in a broader development prospects.