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[Ferro-Alloys.com] The 6th Cored Wire Industry Chain Market Summit, which is directed by www.Ferro-Alloys.com had made a successful end on Sept. 9th, 2012 in Beijing. During the conference,Mr. Ma Ziqiang, director of Jiangyin ReDe Alloys Material Co.,Ltd., gave a speech on the cored wire market.

 

Mr. Ma had been worked on the cored wires for more than 10 years, he said, “Now the cored wire market keeps depressing and plants see rare deals than before. According to a survey, the operation rate in the Chinese market is less than 50%, steel plants reduced production and prices of cold rolled precision strip keeps falling. Besides, demand from outside market decreased but labor costs increased. All these news made industries and market participators have no confidence in the market.”

 

When talking about his developing strategies, Mr. Ma said,” Thanks to my regular customers that protect my plant from bankruptcy, but at the same time, I think all the industries should make new developing strategies, such as change environment and update technologies, increase productivity and so on. In that way, company might come through difficulty situations and make some profits.”

 

On his speech, Ma also had made a general introduction to his company. Jiangyin ReDe Alloys Material Co.,Ltd, located in Town of Ligang, Jingyin city, in the east part of china, is a professional alloy material cored wire manufacturers and exporters. And it is one of the largest cored wire producers in china. This company’s annual capacity is more than 10,000 metric ton.

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The main products in this company include: CaSi cored wire, FeCa cored wire, CaAl cored wire, BeCaSi cored wire, C cored wire, FeB cored wire, FeTi cored wire, Al cored wire and FeSi, etc.