Competition in the bimetallic wear-resistant steel plate industry is fierce and industry profitability has declined.

Bimetallic wear-resistant steel plate is a plate product specially designed for large-area wear conditions. It is a combination of a certain thickness of high hardness and wear resistance on the surface of ordinary low carbon steel or low alloy steel with good toughness and plasticity through surfacing method. Plate products made of excellent wear-resistant layer. Bimetallic wear-resistant steel plates have high wear resistance and good impact properties, and can be cut, bent, welded, etc., and can be connected to other structures by welding, plug welding, bolting, etc., which saves time during maintenance. , convenience and other characteristics, it is widely used in metallurgy, coal, cement, electric power, glass, mining, building materials and other industries.

The development and application of bimetallic wear-resistant steel plates began in developed countries in Europe and the United States. With the shift of the focus of global industrial production, the production technology and industry of bimetallic wear-resistant steel plates spread to Taiwan, Mainland China, Southeast Asia and other regions. At present, China is an important production base of bimetallic wear-resistant steel plates in the world. The main reasons are as follows: First, in recent years, my country’s economy has maintained a steady development trend, prompting developed countries to regard China as an important target market for industrial transfer and enterprise transfer. The expansion of scale has driven the development of my country’s bimetallic wear-resistant steel plate industry. Secondly, my country has introduced a number of policies to support the transformation and development of the steel manufacturing industry in the high-end direction, promote the expansion of high-end manufacturing scale and the improvement of technical levels, and create good policy conditions for the development of the bimetallic wear-resistant steel plate industry. Finally, my country’s industry, metallurgy, mining and other industries are in the stage of transformation and upgrading. The demand for wear-resistant materials that can extend the service life of mechanical equipment is rising, providing demand space for my country’s bimetallic wear-resistant steel plate industry. According to the released “2023-2027 China Bimetallic Wear-Resistant Steel Plate Industry Market Monitoring and Future Development Prospects Research Report“, In 2022, China’s bimetallic wear-resistant steel plate output will be 724,500 square meters.

At the same time, with the development and diffusion of technology, the number of companies mastering the production process of bimetallic wear-resistant steel plates has gradually increased. The technical threshold of bimetallic wear-resistant steel plates has continued to decline. Coupled with the continued growth of demand, more companies have been stimulated to enter the bimetallic wear-resistant steel plate industry. In the field of steel plate production, competition in the bimetallic wear-resistant steel plate industry has intensified. In order to compete for orders, companies in the bimetallic wear-resistant steel plate industry have lowered product quotations, resulting in a decline in industry profitability. Some companies are trying to alleviate domestic market pressure by developing international markets such as Africa; some are considering exiting the industry due to declining profitability.

Analysts believe that in the process of domestic industrial structure transformation, the production capacity structure of mining, metallurgy, cement and other industries has been optimized and adjusted, and some have lagged behind. Production capacity has been eliminated, inefficient and backward production capacity construction in the industry has been suppressed, the above-mentioned traditional industries have gradually entered a mature stage, and the pace of industry expansion and industry growth have slowed down, further increasing the saturation of the bimetallic wear-resistant steel plate market, which may intensify market competition. .