Because of the double pressure came from excess capacity and environmental protection, national  iron, crude steel production is getting decreasing in 2014, a lot of iron and steel enterprise profits have appeared a big decline. The statistical report indicates that Chinese listed steel enterprises have more than 1500 billions stocks in the first half of this year.

Excess capacity will promote some changes, particularly in moving over to a technology type  iron and steel enterprises. Development of high performance steel plate will accelerate this transformation and breakthrough such an embarrassing situation of low profit ratio.

High performance steel plate, including wear resistant steel plate, high-quality steel plate, alloy steel, low alloy steel, stainless steel etc. Iron and steel is recognized as a high energy consuming and high emission industry, the development of high performance steel is an important way to break through the bottleneck of energy, resources and environment. Iron and steel is divided into 22 categories, each of them contains high performance steel plate.

Experts say, some of our high performance steel technology level is relatively high, such as the third generation of automotive steel, machinery manufacturing steel, pipeline steel etc. Industry sources say, domestic high performance steel technology still remains in the laboratory, we need to work hard to get some scientific achievements in chromium carbide overlay plate.