The concentration of China's titanium industry needs to be improved, and the adjustment of the industrial structure is imperative

"Global Coatings Network News"

In 2016, under the guidance of the national supply-side structural reforms and the “three removals, one reduction and one supplement” policy, a series of policies and measures on promoting stable economic growth, improving quality and efficiency, innovation-driven, and transformational development were implemented by relevant national ministries and commissions.

The volume of China's titanium industry has grown sufficiently large, and if you want to realize the transformation from large to strong, mergers and reorganizations between industries and the formation of a situation where several large companies control the market are one of the necessary conditions.
Only when the concentration of production capacity is increased and the business behavior of enterprises is relatively standardized, can enterprises put more energy on improving quality, intensifying innovation, etc.
, and the overall competitiveness of the industry can be improved.

At present, although my country's "de-capacity" of titanium sponge has basically come to an end, as the market improves and the price of titanium sponge increases, some companies that have stopped production, new low-cost titanium sponge projects, and companies with original production expansion plans are eager to try.
Aiming at the titanium sponge market, the production capacity will be lost soon, and the market outlook is not optimistic.

On the other hand, in the R&D and production of high-end products such as aerospace, marine and medical, we are still unable to meet the domestic development needs.
Titanium alloy materials used in the aerospace, marine and medical fields still need to be imported.
Therefore, it is imperative to adjust the industrial structure of China's titanium industry.