while high-performance carbide cutting tools had to rely heavily on imports

In developed countries, currently accounts for carbide cutting tools dominance, the proportion reached 70%. The high-speed steel cutting tools at an annual rate of 1% to 2% of the rate reduction, the current proportion has dropped to below 30%. Diamond, cubic boron nitride and other superhard tools accounted for about 3%. Domestic hardware manufacturing tool consumption in the proportion of carbide cutting tools has reached more than 50%, the structure of supply and demand has been very serious problem disjointed. The consequence is a large excess of high-speed steel cutting tools at low export or domestic sales, while high-performance carbide cutting tools had to rely heavily on imports.

China's current annual sales of 14.5 billion yuan cutter, carbide cutting tools which accounts for less than 25%, not only with the international market, a far cry from the product structure tool, it can not meet the domestic industry's growing demand for carbide cutting tools. China's current annual output of high-speed steel, 80,000 tons, accounting for 40% of global output, consumes a lot of valuable tungsten, Molybdenum target and other scarce resources. This blind expansion and low-level repetitive, making the production of high-speed steel cutting tools large excess, had to low sales, resulting in a large number of inefficient tool manufacturers. Tool structural imbalance is the production tool and demand wrong way. For example: the user needs carbide gap is large, but high-speed steel cutting tools overproduction; modern manufacturing and efficient tool needed gap is large, but low-grade standard tool but overproduction.

China's current annual output of 16,000 tons carbide, also accounted for about 40% of global output. However, the highest value-added products in the carbide cutting inserts yield only three thousand tons, accounting for only 20%. This situation, on the one hand carbide cutting tools are badly needed supply, it also makes a valuable Carbide resources are not being fully utilized.

From the economic aspect of comparison, the annual sales income of carbide approximately $ 560 million; Japan is only 40% of our production, but sales of up to $ 2,633,000,000, of which blades (knives) the proportion of up to 72%, so that resources are fully utilized, companies also received good benefits. China's Tool Industry should get some useful lessons.