Aluminum processing industry faces new challenges

Relevant data shows that since 2015, non-ferrous metals have shown a weak trend, and prices have continued to fall. Although the aluminum processing industry performed well in the entire non-ferrous metals industry, it encountered problems such as reduced orders, excess production capacity, fierce homogenization competition, and inefficient use of the industry. How to get rid of the industry crisis and expand the market layout has become an important issue in the aluminum processing industry. Compared with many emerging companies such as Shandong Yuhang Alloy Special Equipment Co., Ltd. and other domestic emerging companies, although their qualifications are slightly shallow, they are nimble and mobile, take advantage of opportunities, are precise in positioning, and are innovative. They are very gratifying in some new consumption areas. In the high-end aluminum alloy processing field, it has gradually developed its advantages.

At the 8th China Yangtze Delta Aluminum Forum and 2015 Shanghai Aluminum Industry Association Annual Meeting, Zhang Jilin, vice chairman of the China Nonferrous Metal Processing Industry Association, said that compared with developed countries, the potential for aluminum consumption growth is huge. Aluminum has ample room for development in construction, transportation, electricity, packaging, and daily necessities. Especially in the transportation sector, the country currently has about 3.5 million heavy semi-trailers in the society, and less than 2% of all aluminum trailers. If it reaches the level of Europe and the United States, it is conservatively estimated that it will increase aluminum consumption by 7 million tons. However, whether it is in the field of construction transportation or daily life, if you want to create a new outlet for the aluminum processing industry, you need to carefully dig out the market demand and conduct research and development.

Different from following the development model of imitating foreign related companies, the domestic aluminum industry rookie Shandong Yuhang Special Alloy Equipment Co., Ltd. has its own unique insights for the development of the industry. Since the establishment of the company, the company has built a mold design center with international advanced equipment, a national engineering technology research center and a product quality inspection center. With its industry-leading production technology, international advanced production equipment and high-quality R&D and production talents, Designed and developed new products and made breakthroughs in the fields of rail transit, aerospace, shipbuilding, container trucks for trucks, and containers. While realizing rail transit bus and R&D production and large-scale promotion of conductive tracks, its “Minghang” light-weight canned truck series has also been continuously upgraded due to its lightweight, high quality and excellent orders, and its industry reputation and brand reputation have gradually increased.

According to the person in charge of Shandong Yuhang, “Cultivating innovation means grasping development, while seeking innovation means seeking the future. Innovation is not only the only path for the transformation and upgrading of traditional industries, but also the core weapon for the vigorous development of new industries. Next, Shandong Yuhang will continue. Continuously innovate design and development of aluminum alloy profiles, and strive to promote domestic aluminum alloy profiles to go higher and further.”