On October 15th, Cast by the FSC international procurement platform (FSC), Qingdao Consulting Co., Ltd. (SC) to host, the national standardization technical committee (SAC/TC54) casting, the equipment manufacturing industry key parts casting in collaboration with the public service platform of industrialization of achievement of innovation in the field of the 28th 2021 FSC international casting purchase conference was held in Qingdao regent hotel.
The organizer invited many multinational groups to participate in the procurement with casting projects. Including Bosch Automotive, Dayco, MEICHEN, Weichai, Posco, PARAGON, MES, John Deere, CLAAS, LEMKEN, EQI, ATG, GRUNDFOS, URV, GIW KSB, Galli & The participation of Cassina, Weir ESCO, LESER, Flsmidth, Scafom B.V., Estun, Baosi Energy, Sanei Elevator, IDEX and other well-known buyers adds to the attraction of the event, The procurement scope covers automobile, agricultural machinery, construction machinery, mining machinery, pump and valve, rail transit, metallurgical machinery, robot, woodworking machinery and many other fields. Among them, four purchasers, Siemens, Granfurt, Jeko Oil production and Eston Robot, respectively held special procurement presentations. The global procurement strategy, supplier development in China, support plan, requirements for suppliers and supply chain optimization direction are introduced in detail.
Casting manufacturers from different parts of China attended the conference, among which Hefei Casting and forging Factory with 8 automatic lines and an annual output of more than 300,000 tons, Dongying Chenhui Machinery Co., LTD., a well-known casting supplier in East China, and Gucheng Zhuoyuan Machinery Co., LTD., an excellent casting supplier in Hubei held product promotion meetings respectively. It introduces the company's equipment, main products, supporting areas, development direction, research and development management strength, etc., which attracts high attention of buyers.
2021 is a very complicated year for the foundry industry, with the impact of the post-epidemic era of production resumption, the joy of receiving orders, the pressure of rising raw materials, the skyrocketing shipping costs, and the general pressure of environmental protection, power restriction, and capacity reduction. What is the future?
According to FSC's investigation of buyers and representatives in the global casting buyer database, the epidemic caused the low resumption rate of overseas casting factories, which affected the normal delivery. As a result, a large number of global casting orders flooded to China, and orders returned to Southeast Asia in the past two years, increasing a large number of emergency procurement projects in the market. The capacity reduction policies such as environmental protection and power rationing affect the capacity of casting factories, forcing domestic foundry to optimize and upgrade. The strong downstream demand meets the domestic capacity reduction, so that the bargaining power of casting factories in the procurement activities is increasing, while the purchasing pressure of casting buyers is increasing.
The present stage is the casting supply and demand market reshuffle, actively seize the opportunity of casting factories will occupy more business opportunities. Overall, China remains the world's top sourcing destination for castings, and we are well aware that the downstream market will not be optimistic in the next year or two. Due to the global economic downturn, the recovery of overseas real economy is slow, there are potential problems of insufficient follow-up demand for parts, which is worth the vigilance of foundry entrepreneurs.
The docking discussion has always been the FSC multinational purchasing castings highlights of the conference, centered on afternoon to discuss link buyers and suppliers negotiate face to face, thanks to the FSC, solid professional meeting trade matching services and standardize the site layout, make live busy, orderly, and the supply and demand both sides negotiate, on behalf of the face is permeated with the joy of harvest.
FSC in order to better service for overseas buyers, compiled in June this year, the China casting procurement guide - preferred supplier bilingual electronic data, the first recorded 893 competitive casting production enterprises, the information has been made widely in overseas promotion, attract more overseas customers understanding of China's casting suppliers, attracting global buyers to domestic factory direct purchase, Helped it optimize the supply chain, received wide praise from buyers, and played a promoting role in building a healthy supply and demand relationship of casting. For overseas buyers who do not have the ability to purchase directly from domestic factories and cannot effectively manage suppliers, FSC provides comprehensive support for global buyers to purchase castings in China through supply chain management services with partners, ensuring the smooth implementation of projects.
In the future, FSC will continue to give full play to the advantages of online and offline platforms, promote consulting services, provide higher quality services for global casting buyers and suppliers, and make a positive contribution to the development of the foundry industry!
