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The demand for high end new metal casting materials is surging in China's manufacturing industry.      [2018-01-04]

With the advancing "Made in China 2025" plan, the demand for high end new metal casting materials is surging in China's manufacturing industry. CLIK predict that the potential demand of high pure pig iron and ultra high pure pig iron in 2020 is 2 million to 3 million tons. Therefore, in 2018, the market sizes of hypoeutectic pig iron, high purity pig iron and ultra high purity pig iron will be even more significant. According to CLIK’s preliminary analysis, the demand for high-end foundry materials will increase by around 50% in 2018 than that in 2017. Tariff is currently the main drag on China's high pure pig iron and ultra high pure iron to enter the international market.


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