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In the 9th “Create China” SME Innovation and Entrepreneurship Competition National Finals, “ERNiCrMo-3 High-temperature Alloy Welding Wire Production Process Research and Industrialization Project” of Jinchuan Group Nickel Alloy Company was honored as the winner.
This honor reflects the remarkable achievements of Jinchuan Group Nickel Alloy Company in technological innovation and industrial upgrading. In recent years, Jinchuan Group Nickel Alloy Company focuses on the research and development and production of high-end nickel-based alloy materials, makes every effort to solve the key technical problems in the industry, forms a closely-integrated collaborative innovation research team with universities, research institutes and other organizations, carries out the research on high-temperature wires, and researches and develops ERNiCrMo-3 high-temperature alloy welding wires with excellent performance of high-strength, corrosion-resistance, and high-temperature-resistance, which have been successfully applied in nuclear power, Petrochemical and other fields, successfully realized industrialization.
Trend overview: According to industry observation and analysis, nickel price in 2025 will be dominated by range oscillation. Indonesia’s low-cost intermediate raw materials continue to expand production, China’s refined nickel supply will maintain incremental, but it is difficult to find a bright spot in demand, and the surplus pattern will continue to put pressure on nickel prices. However, if Indonesia’s policy affects the pace of nickel ore supply, although it is difficult to reverse the pattern of nickel surplus, but may bring the nickel price stage rebound opportunities.
Impact on the nickel alloy industry: the shock of nickel price will directly affect the production cost and profit margin of nickel alloy enterprises. Nickel alloy enterprises need to pay close attention to market dynamics and price changes, and rationally arrange production and sales strategies to cope with potential market risks
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