Development State of Low Alloy Steel Abroad
Low alloy steel is a kind of steel featuring a lower alloy content than that of alloy steel. It has relatively low strength and good plasticity, which makes it applicable to more complex parts and components in machine building and some other heavy-duty industries. In recent years, low alloy steel products has been widely adopted by many developed countries and regions due to their significantly improved performance.
Since the establishment of the World Trade Organization in 1995, the development and adoption of low alloy steel around the world has been further improved. In todays world, with profound changes in global economic environment, the foreign market recently has come out of recession and the international competitiveness of low alloy steel is also significantly increasing. In order to maintain their market competitiveness, countries and regions with poor resources have also increased their investments in low alloy steel.
In Germany, the low alloy steel industry has developed rapidly, especially in its advanced resin composite process technology, its development momentum is full of pride. Heidelberg Steel Co., Ltd., the countrys largest steel production supplier, is the leader in low alloy steel development. The company has 600,000 tons of integrated production capacity, is the second largest low alloy steel production base in the European Union, and exported a total of 3.5 million tons of low alloy steel in 2017.
Britain is one of the main low alloy steel pay-back countries in the world. According to British Steel Co., Ltd., low alloy steel is increasingly used across a wide range of sectors, including automotive and construction, making it a key component for further development of the country. British Steel has the most advanced production processes and new steel processing technologies. In particular, the companys laser welding process is the worlds most advanced technology, which is of great significance for improving the quality of low alloy steel in the UK.
The United States is also one of the most important countries using and producing low alloy steel. According to statistics, developed countries like the United states account for more than 30% of the total global low alloy steel output and development. In addition, according to the Association of American Steel and Steelmakers, there are approximately 940 mini-mills with capacity greater than or equal to 05 million tons in the United States, which are mainly responsible for producing low-alloy steel with high competitiveness and high value-added.
In the Asia-Pacific region, China is the fastest growing market and the major manufacturing hub for low alloy steel. In 2015-2016, China produced low alloy steel with an output of 162.2 million tons, accounting for 56.57 percent of the global production. Thus, China has become the largest produce and number one destination for coming years. Apart from China, other countries in the region such as India, Japan, South Korea, Singapore and Australia also show great potential in low alloy steel development.
The rapid development of the low alloy steel industry in Europe, the United States and China will help to boost the overall economic development in these countries and regions. In the coming years, the main governments and countries of the world should invest more in technological research, applying advanced advanced resin composite technology, and build more pipeline-type industry without environmental pollution. In this way, the development and influence of low alloy steel will also be further improved. Additionally, they should also support and encourage more enterprises to expand their market to foreign countries in order to seize more of the global market shares.
In conclusion, the development of low alloy steel around the world is becoming more and more vigorous. As long as the relevant governments and countries make the efforts to produce and apply more advanced technology and expand the market to foreign countries, the further development of low alloy steel will be very promising in the future.