Developments and Challenges of China High-Speed Steel Industry over Last Decade

Abstract

The production, application and development trend of China’s high-speed steel is introduced, the status of China’s high-speed steel grades, product structure, technical standards, production technology and major quality issues are analysed, and the development opportunities and challenges of China’s high-speed steel in future are discussed also in this article. Data shows that professional manufacturers of high-speed steel are the main production body. Variety and quality of China’s high-speed steel basically meet domestic demand, the general high-speed steel partly exports, the proportion of low-alloy high-speed steel are higher, and powder metallurgy high-speed steel and some high performance high-speed steel rely on import. As the rapid development of China’s manufacturing industry, the union model of high-speed steel industry union, and increasing export capacity of high-speed steel and high-speed steel tools, the Chinese high-speed steel has a good opportunity for development; while, as the development of carbide cutting tools, the change of the scale degree and the change of die and tool industry, China must face the challenges of high-speed steel.