Steel processing industry - Current status of the coil slitting line
Growth in the construction, automotive and consumer coil slitting line has played a big role in providing the needed boost to the global steel processing industry. The global steel processing industry is projected to grow at a CAGR of 6.86% between 2020 and 2026. Alloy steel is the fastest-growing segment of the global steel processing market and is suitable for all applications.
Top 10 countries in cumulative crude steel production in January 2022
China\'s crude steel production is estimated at 81.7 million tons, down 11.2 percent year on year
India produced 10.8 million tons of crude steel, up 4.7 percent year on year
Japanese crude steel production was 7.8 million tons, down 2.1 percent year on year
U.S. crude steel production was 7.3 million tons, up 4.2 percent year on year
Russian crude steel production is estimated at 6.6 million tons, up 3.3% year on year
South Korea\'s crude steel production is estimated at 6 million tons, down 1.0% year on year
German crude steel production was 3.3 million tons, down 1.4% year on year
Crude steel production in Turkey was 3.2 million tons, down 7.8 percent year on year
Brazilian crude steel production was 2.9 million tons, down 4.8 percent year on year
Iran crude steel production is estimated at 2.8 million tons, down 20.3% year on year
Crude steel output by region in January 2022
These regions contain data submitted by 64 steel-producing countries, which accounted for 98% of global crude steel production in 2020.
Africa: Egypt, Libya, South Africa
Asia and Oceania: Australia, China, India, Japan, New Zealand, Pakistan, Korea, Taiwan, Vietnam
Commonwealth of Independent States: Belarus, Kazakhstan, Moldova, Russia, Ukraine, Uzbekistan
The European Union (27)
Other Countries in Europe: Bosnia and Herzegovina, Macedonia, Norway, Serbia, Turkey, United Kingdom
Middle East: Iran, Qatar, Saudi Arabia, UNITED Arab Emirates
North America: Canada, Cuba, El Salvador, Guatemala, Mexico, United States
South America: Argentina, Brazil, Chile, Colombia, Ecuador, Paraguay, Peru, Uruguay, Venezuela
Foshan Te Xiang Machinery Co., Ltd is a China leading manufacturer of metallic processing machines, including slitting line, cut to length line, stainless steel polishing line, ERW tube mill line, roll forming machines, embossing line and etc. If you have any questions about the coil slitting line or want to seek our help. Send an email to [email protected], please feel free to contact us.
Metal and Steel Processing Industry - the coil slitting line market distribution
The coil slitting line market has been segmented in terms of value and volume based on steel shape, steel type, end-user and region. Segments by steel shape include flat, long and tube steel. The division by type of steel includes alloy and carbon steel. Applications include construction, shipping, energy, packaging, consumer electronics, housing, automotive, etc. The regional segment includes coil slitting line market size and shares in North America, Europe, Asia Pacific, Latin America and other regions.
Metal and Steel Processing industry – the coil slitting line market demand
Market demand for steel processing is expected to grow by us $642.43 billion by 2020, with a CAGR of 2.16% from 2015 to 2020. Growth in the global construction, consumer electronics and automotive industries has played a huge role in providing the necessary momentum for the global steel processing industry after the economic slowdown of 2007-2009. In addition, the reduction of alternatives to steel has made steel an indispensable part of customers lives. The recovery of the global coil slitting line economy will also boost demand in the steel processing market.
The Asia-pacific region is expected to become the fastest-growing region in the steel processing market from 2015 to 2020. Major players in steel processing prefer agreements, contracts, joint venture and partnership strategies as well as expansion and investment to gain a larger share of the market. Leading coil slitting line providers of steel processed products and services are focusing on emerging countries that are expected to show potential for industrial development in the near future.
Metal and Steel Processing Industry - Future planning of the coil slitting line
The steel processing market is a highly fragmented one due to the huge demand for environmentally friendly products and changing technologies. Large companies rely on regional and local distributors to increase their market share and geographic distribution. The company is pursuing inorganic growth strategies such as acquisitions to respond to the growing demand for steel processing in key emerging markets. These strategies have helped the company build a larger customer and partner base in key coil slitting line markets.
The application needs of steel processing are constantly changing and manufacturers must continue to invest in RESEARCH and development and come up with innovative solutions.
Steel deep processing is the only way for the development of the coil slitting line steel industry. Chinas steel production is in the stage of oversupply, structural contradictions are: advanced production capacity and backward production capacity coexist; The shortage of high-end products and the surplus of low-end products coexist; Industrial concentration is poor.
Leading manufacturer of metallic processing machines, the coil slitting line supplier
Foshan Te Xiang Machinery Co., Ltd is a China leading manufacturer of metallic processing machines, including slitting line, cut to length line, stainless steel polishing line, ERW tube mill line, roll forming machines, embossing line and etc.
Thanks to the experience acquired in many years of business in the field of sheet metal processing, and the continuous collaboration with downstream manufacturers that demand reliability and the maximum productivity, we have developed various types of cut to length line machines for special applications, with solutions at the forefront of technology, and able to reduce the production costs of the end product. TX CTL line can be incorporated with air cushioned, bomb-door type stackers, computer controlled high-precision 4 HI and 6 HI levellers, edge trimmer and etc.
According to the dimensions, thickness of the material, and production capacity, TX cut-to-length cutting lines can be divided into various types:
1)start-stop shear CTL line;
2)flying shear CTL line;
3)rotary shears CTL line ;
4)trapezoidal shear CTL line;
5)heavy gauge CTL line;
6)flat bar cut to length line
If you have any questions about the coil slitting line or want to seek our help. Send an email to [email protected]，please feel free to contact us.
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