Engineering machinery casting industry recovery is expected to improve from June

Recently, the State Council has successively introduced a package of "stabilizing growth" policies and measures. As soon as the casting industry has been sluggish and weak for the past few years, it is changing the expectations of the construction machinery castings industry in China. Relevant data show that the performance of major enterprises in the domestic construction machinery casting industry has increased slightly or even declined since the beginning of this year. According to the recent “successful growth” investment of the government’s “approval project, capital release, and start-up investment”, it means that from 6 Starting from the beginning of the month, the market for construction machinery castings in China is expected to pick up quickly. At the same time, the high-speed rail construction that has risen in recent years has resulted in a large demand for construction machinery castings.

According to industry sources, after entering the month of June, the general boom of the construction machinery casting market has improved. This is mainly based on the gradual improvement of the demand side. Water conservancy construction, high-speed rail reconstruction, and urban rail transit new construction projects are currently in a difficult situation for the construction machinery casting industry. Came support.