"High-temperature alloy materials are the key for the company to develop incremental markets in the nickel alloy field in the future. This business trip is mainly to connect with customers of high-temperature alloy strips," said Li Yuan, general manager's assistant of the Jinchuan Group Nickel Alloy Co., Ltd. and manager of the Marketing Department, while making a business trip to Wuxi, Jiangsu province.
The nickel-based high-temperature alloy material promoted by Li this time is a kind of mid- to high-end alloy material widely used in the aerospace, energy equipment, the petrochemical and other fields.
Jinchuan Group Nickel Alloy Co., Ltd.
Due to export restrictions imposed by the West on high-temperature alloy materials in the aerospace and nuclear power fields to China, the domestic market gap for high-temperature alloy rolling processing materials is continuously expanding.
To seize this opportunity, Jinchuan Group Nickel Alloy has cooperated with two provincial enterprises of Gansu province -- LS Group Superalloy New Materials Company and JISCO Hongxing Iron and Steel Company -- to maximize their equipment and production capacity advantages and create a new hub for the development of the high-temperature alloy materials industry.
Jinchuan Group Nickel Alloy Co., Ltd.
The cooperation among the three companies had already begun as early as 2021, when Jinchuan Group Nickel Alloy strived to achieve domestic production of large coil, heavy, wide, pure nickel strip.
The first cooperation in the production process has enabled Jinchuan to produce a variety of wide pure nickel strips with a thickness ranging from 0.8 to 1.5 millimeters, widths between 1,200 and 1,430 millimeters, and a single coil weight of up to 11 tons, which reached the same level as international advanced standards with the sales volume accounting for half of the domestic market share.
The substantial market brought by the provincial enterprises' collaboration has increased Jinchuan's confidence to face even more challenging future obstacles. Going forward, Jinchuan will further cooperate with other companies to seek a broader market.
