The development of die casting industry in Jiangsu

2022-10-23
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The development of die-casting industry in Jiangsu and Zhejiang is grim

according to relevant reports, the survival situation of die-casting aluminum alloy ingot enterprises in Jiangsu and Zhejiang is not optimistic at present. According to the operating rate data, 20% of enterprises said that they had stopped production recently, 25% of enterprises said that the operating rate was less than 40%, 50% of enterprises said that their operating rate was more than 50%, of which only 25% of enterprises said that the operating rate was more than 70%. According to the surveyed enterprises, the highest operating rate was about 80%. According to relevant reports, the current survival situation of die-casting aluminum alloy ingot enterprises in Jiangsu and Zhejiang provinces is not optimistic. According to the operating rate data in the automotive sector, 20% of enterprises said they had stopped production recently, 25% of enterprises said that the operating rate was less than 40%, 50% of enterprises said that their operating rate was more than 50%, of which only 25% of enterprises said that the operating rate was more than 70%. In terms of the surveyed enterprises, the highest operating rate was about 80%. As the downstream demand continues to be weak, the market competition is fierce, and the price continues to decline, most enterprises are pessimistic about the future performance. Some enterprises began to hope for the arrival of the so-called peak season of die casting industry in August and September to boost market consumption. However, more business people said that the peak season of the die-casting industry has been broken, and the market situation of die-casting aluminum alloy ingots in August and September is still difficult. The system will check the authority of operators to improve

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