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Thick-walled Seamless Steel Pipe Business Polarization Obvious
Nov 29, 2017

The Fifth Plenary Session of the Eighteenth CPC Central Committee is about to be held in October. The thirteenth five-year plan for economic growth and social development is one of the hot topics here. At the moment of being familiar with, adapting and leading the new normal, the transformation and upgrading procedures of traditional industries are accelerating and deepening, emerging emerging industries emerge in an endless stream and show good performance. At present, a new generation of information technology and manufacturing depth of integration, are stimulating far-reaching changes in property. Under the new normal, the economic growth in our country continued to drop and economic restructuring was gradually deepened. The pressure on the heavy-wall seamless steel pipe industry to meet the contradiction between the drop in demand and the excess supply was unprecedented but the impetus was the same. In the meantime, the "Made in China 2025" proposal has brought enormous opportunities to the thick-walled seamless steel pipe industry in the future restructuring and transformation and the construction of thick-walled seamless steel pipe powerhouse. However, Wang Liqun, vice president of China Seamless Steel Tube Industry Association, predicted that the situation of thick-walled seamless steel pipe will still be serious in the second half of the year.