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What about the future development of special alloys?

Combined with the overall situation in 2021 and the first half of this year, through the market development space to analyze the future in the military, aerospace, high-end equipment manufacturing upgrades and import substitution will bring more than ten billion market.The future market demand for high-end special steel is large, especially for non-ferrous metals, such as high-temperature alloys, nickel-based alloys, titanium alloys, aviation aluminum alloys and other lightweight project high strength materials.

According to statistics, in 2021, China's imports of special steel 6.0407 million tons, the import amount of 10.158 billion U.S. dollars, the domestic high-end special steel import substitution is becoming more and more urgent, import substitution space is still broad.

At the same time, with the continuous implementation of national green manufacturing, the future for a period of time, so that the field of energy steel will continue to maintain a boom, the company is now proceeding to develop the future clean energy market, including wind power, solar energy, nuclear power, hydrogen energy market
In terms of growth space, first, the company will continue to promote the growth of production and sales volume, this year, the company plans to reach 15-16 million tons of production and sales scale, the "14th Five-Year Plan" period plans to reach 20 million tons of production and sales volume: in the production and sales volume of growth sources
In terms of sources of growth in production and sales, the company will continue to promote outward acquisitions and mergers. Second, the company will continue to optimize the product structure, continue to dig deeper internal cost reduction efficiency, there is still room for future cost reduction.

Hangbo Group

Hangbo Group

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