According to Xinhua News Agency, the heads of China and the United States met in Buenos Aires on the evening of December 1st in Argentina and reached a consensus to stop adding new tariffs to each other and instructed the economic and trade teams of the two countries to step up consultations. In the direction of canceling all tariff increases, a specific agreement on mutual benefit and win-win will be reached. And this move has brought confidence to the sheet metal industry.
In the export of stainless steel products, the proportion of sheet products is about
. As of 2017, the proportion of domestic stainless steel exports increased by 12 percentage points to as low as 3.5%. However, due to the current surplus of stainless steel supply in the world, China's stainless steel production is increasing year by year, coupled with a serious blow to trade tariffs, China's stainless steel before the "war" is aggravated. Especially for stainless steel end products, the mechanical manufacturing sector accounts for about
of stainless steel consumption, medical and some metal products account for
, and transportation accounts for
. Previously, the friction was continuously upgraded, and the export of stainless steel end products in China was affected to some extent, which intensified the oversupply situation in the domestic stainless steel market.
Nowadays, Sino-US trade has stopped adding tariffs, which is extremely beneficial to the export of stainless steel raw materials and the trade of stainless steel end products. Not only can it improve the domestic stainless steel production excess, the passive situation of oversupply, but also has a positive role in the export of stainless steel end products. More importantly, machinery manufacturing that is closely related to stainless steel, such as
white goods, aerospace and transportation
cannot be separated from sheet metal processing. Therefore, the lifting of trade barriers has promoted the sheet metal processing industry. Now, the sheet metal processing industry can increase its production and trade.
The automotive industry is an important user industry for sheet metal processing. However, it was not spared in the Sino-US trade war, and the main reason was that auto parts manufacturers were struggling to cope with steel and aluminum tariffs, which caused the cost to soar, thus threatening the entire automotive industry. Just in July of this year, the US government imposed a 10% tariff on China's approximately $200 billion in goods. The total number of auto parts in the new list reached
, ranking fourth among the fifteen categories of commodities. From spare parts to complete vehicles, from pure electric vehicles to automotive diesel engines, from passenger cars to commercial vehicles to special vehicles, there are few survivors.
Now that Sino-US trade has stopped charging tariffs, small and medium-sized component suppliers can finally take a deep breath and the auto industry is no longer lying. For the sheet metal processing industry, both the production of sheet metal raw materials involved in automobile manufacturing and the machine tools that involve sheet metal processing in automobiles have played an active role in promoting.
As we all know, in the tax collection list, "Made in China 2025" became the spearhead. Among them, rail transit equipment is also deeply affected, and mainly concentrated in the field of industrial machinery manufacturing, including
railway track facilities,
track welding equipment, rail metal rolling mills, etc.
The rail transit tax list includes parts for car cargo transportation, cab chassis, piston engines, concrete mixers and safety traffic control equipment. And these equipment is also the key application area of the sheet metal industry.
Nowadays, the “revolution” of Sino-US trade taxation has allowed the trade space in the rail transit to breathe, especially for the production and processing of rail transit parts involved in the sheet metal industry.
The cessation of Sino-US trade tariff wars will push bilateral economic and trade relations back to normal track as soon as possible and achieve a win-win situation. This decision has played a positive role in promoting the sheet metal industry in particular. Up to the sheet metal manufacturing industry, down to the sheet metal user industry, will re-energize and usher in a better development space.
News for the exhibitors
AsiaBLECH 2019 暨第四届亚洲国际金属板材加工技术展览会将在明年11月20-22日于成都世纪城新国际会展中心举办。
AsiaBLECH 2019 ，the 4th edition Asian International Sheet Metal Technology Exhibition will be held at the New International Convention and Exhibition Center in Chengdu on November 20-22.
At that time, experts from home and abroad in the sheet metal industry will be invited to discuss the challenges facing the current sheet metal market and jointly find solutions and create opportunities!
目前，AsiaBLECH 2019 招展函已经发布。提前预定，可享受早鸟价格！
AsiaBLECH 2019 Brochure is now available! Book now to get the "early bird" price!
Mack Brooks Exhibitions Group builds and owns business-to-business events, in specific sectors worldwide, by bringing buyers and sellers together in dedicated marketplaces. Established in 1965, the company now employs 200 staff worldwide and operates staffed offices in the United Kingdom (Headquarter), Germany, United States, China, Brazil, India, Mexico, Thailand and Turkey.
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