The editor of XCMG excavator accessories believes that as an important component of my country's manufacturing industry, whether the steel and machinery industries will be greatly affected by the intensifying trade conflict between China and the United States has become the focus of attention from all walks of life. XCMG excavator parts manufacturers noticed that in the latest 200 billion tariff list for Chinese products, a series of electromechanical products and precious metal products such as steel are listed impressively.

Machinery career goes out

According to the analysis of the data of Sino-US transactions, the volume of Sino-US mechanical product transactions in 2017 was US$109 billion, accounting for 9.4% of the total US transactions. During this period, my country’s exports to the United States were US$72.4 billion, accounting for 17.84% of total export transactions; imports from the United States were US$36.6 billion, accounting for 6.97% of total import transactions. The trade surplus with the US was US$35.8 billion.

In detail, among China’s exports of US$72.4 billion in mechanical products to the United States in 2017, electrical appliances accounted for 26%, car parts and components accounted for 18%, petrochemical general equipment accounted for 17%, instrumentation accounted for 9%, mechanical basic parts and civilization Office equipment accounted for 6%, construction machinery 3.5%, machine tools 2.6%, internal combustion engines 2.8%, agricultural machinery 2.2%, and heavy mining machinery 1.8%. In the US$200 billion tariff list, an appropriate part of it involves machinery product.

In response to the sharply heating up Sino-US trade conflicts this year, Wang Ruixiang, chairman of the my country Machinery Industry Federation, analyzed the impact of the incident on my country's machinery industry at the 2018 National Machinery Industry Province (Region, City) Professional Association Work Symposium held earlier. Impact. He stated that industry experts generally believe that the Sino-US trade conflict is destined to have an impact on the machinery industry, but the impact is controllable. This impact may be reflected in the decline in transactions with the United States, the relocation of some foreign-funded enterprises, the reduction of jobs, and the suspension of high-tech cooperation channels.

After sorting out the excavator parts manufacturers of XCMG, they found that the overseas business income of my country's machinery companies has been increasing year by year, and some equipment overseas exports accounted for as much as 60%. In the blueprints of various companies in 2018 and beyond, Expanding overseas shopping malls has become the key point and consensus of all enterprises.

According to detailed data, as of the first half of 2017, my country's machinery and transportation equipment increased by 14.3% year-on-year. During the same period, SANY's overseas revenue reached 5.799 billion yuan, overseas revenue accounted for 30.19%, and Liugong's overseas revenue accounted for 20.59%. , XCMG Machinery's overseas revenue accounted for 15.2%, and Zoomlion's overseas revenue accounted for 10.13%, but both of them are reflected in that the sales volume in the US market is not high.

"The U.S. government has proposed a policy of vigorously developing infrastructure projects, which has provided a considerable market for Chinese construction machinery companies that have gradually penetrated the U.S. market. However, the Trump administration's tough attitude to maintain local construction machinery manufacturers has made construction machinery including Chinese companies The sales of manufacturers in the United States are flat, so the sales of Chinese construction machinery companies in the United States account for a small share of the total operating income." A person from the my country Machinery Industry Federation stated to the XCMG excavator parts manufacturer.

XCMG excavator parts manufacturers have noticed that Sany Heavy Industry, Halma Technology, Harbin Electric, Liugong and other companies have established overseas production bases in recent years. In 2017, Harbin Electric signed a contract with Guinea Suapiti for 4 sets of 112.5 trillion. Contract for two 115 MW air-cooled steam turbine generators in Bengkulu, Indonesia. In 2018, it successively won the bids for the EPC renovation projects in Ilia and Jubia, Brazil, the main equipment contract for two 104.65 MW impulse turbine generators in San Gawang III in Peru, and the SK project in Pakistan.

In fact, the overseas operations of my country's mechanical and electrical enterprises are more for the countries and regions along the Belt and Road. Now, the overseas strategy of my country's construction machinery manufacturers is highly consistent with my country's One Belt One Road, and some companies are even up to 80% in line. The substantial increase in sales in countries along the Belt and Road has contributed to the rapid increase in the revenue of my country's construction machinery manufacturers.

Xiang Wenbo, director of Sany Group and President of Sany Heavy Industry, stated that “the construction of the “Belt and Road” is the “spring” of construction machinery enterprises. Sany has been deployed in related countries and regions, and now 70%-80% of the sales are sold. From this. In 2017, XCMG Machinery's export revenue increased significantly. The main exports were concentrated in the Belt and Road region, accounting for about 70% of the company's exports.

The steel industry has immunity

The XCMG excavator parts manufacturers found that since 1996, the United States has suggested more and more frequent transaction inquiries for my country’s steel products. The United States is the country that recommends the most anti-dumping and countervailing measures for my country’s steel products. According to data from the US Department of Commerce, On February 15, 2018, the United States had 169 anti-dumping and countervailing duties on steel products, of which 29 were directed at my country. The United States suggested 201, 421, 337, 232 and other guarantee measures or special safeguard inquiries for my country's steel products, and used various forms of tariffs to restrict my country's steel products from entering the United States.

According to the monitoring data of the Lange Iron and Steel Research Center, in 2006, my country exported 5.4 million tons of steel products to the United States, accounting for 12.56% of my country’s total steel exports that year; and through several years of transaction inquiries, my country’s steel industry went from steel products to steel products. All have been sanctioned by the United States to varying degrees, and my country's steel exports to the United States have been drastically reduced. By 2017, my country exported 1.18 million tons of American steel products, accounting for only 1.57% of my country’s total steel exports. Compared with 2006, China’s steel exports to the United States dropped by nearly 11%, while steel exports to the United States dropped compared to 2006. 78.15%; and among my country's steel export ranking countries, the United States has also dropped from the second place in 2006 to the 18th place in 2017.

Wang Guoqing, director of the Lange Steel Research Center, stated to XCMG excavator parts manufacturers that following the ever-tightening trading policy of the United States, the entire steel industry in my country is gradually digesting the impact of such policy tightening. It has not had a major impact on steel export companies.

XCMG excavator parts manufacturers are one of the few professions that can compete with the world's leading level. The comparative advantage in technology will be powerful for my country's steel exports in the regions along the route, achieving a multi-level win-win situation among countries.

At present, my country's steel exports to the "Belt and Road" countries account for a year-on-year increase in the share of my country's total steel exports, and it has accounted for half of my country's exports. In the meantime, Vietnam is my country's second largest steel export destination country, and it also occupies the top position in the steel export volume of countries along the "Belt and Road" in my country. XCMG excavator parts manufacturers indicated through Wang Guoqing that Vietnam, as an ongoing country, has always had a relatively high level of demand for infrastructure and urban construction in recent years, and the demand for steel is huge.