SMM Nickel Journey to Jiangsu-- the third stop Jiangsu Shenyuan Group Co., Ltd.

SMM7 March 15: since 2020, the rapid expansion of the new energy industry has led to a rising demand for nickel, and the terminal application of nickel has started a new chapter. However, even with the expanding demand for new energy, stainless steel still occupies an absolutely dominant position in the consumer side of nickel, and the influence of this production line can not be ignored. The announcement of the Castle Peak High Ice Nickel Project in March 2021 will connect two parallel industrial chains, and the complexity of the nickel industry chain and the influence of each link on the whole industry are deepening. And with the development of the Indonesian nickel industry, changes have taken place in the domestic market, especially in the nickel-iron-stainless steel industry chain, how to solve the problem of single source of raw materials in domestic ferronickel plants in the future? How do Ferro Nickel and stainless Steel plants deal with the squeeze of low-cost products in Indonesia? Will there be a layout of nickel raw materials in the stainless steel plant in the future?

Hereby, we have integrated the upstream and downstream enterprises of the nickel iron and stainless steel industry chain, opened the first stop of our 2021 demon nickel journey-- water scenery Jiangsu, and inspected the production of Chinese nickel industry chain enterprises together with the industry bosses. Seek more accurate and in-depth cooperation to create more effective and sustainable exchanges.

July 13-16 SMM New Energy Division marketing consultants Wu Chenyu, Pan Jinxiu and nickel and stainless steel industry chain analyst Li Chuntian and other SMM staff and members of the delegation mainly visited the production situation of nickel industry chain enterprises in Jiangsu: the third stop, Jiangsu Shenyuan Group Co., Ltd.

Enterprise voice

Today, SMM and members of the delegation came to Jiangsu Shenyuan Group Co., Ltd., and the leaders of Jiangsu Shenyuan Group Co., Ltd. extended a warm welcome and received them. First of all, Jiangsu Shenyuan Group Co., Ltd. introduced the business development of the company in detail.

Jiangsu Shenyuan Group Co., Ltd. is located in Xinghua High-tech Zone, Jiangsu Province, with five production enterprises and two trading companies, covering a total area of nearly 800mu and a construction area of 200000 square meters. it is a full-process production enterprise with supporting production lines such as electric furnace smelting, special metallurgy, hot rolling, forging, silver bright material and wire drawing processing. The group has total assets of about 1.4 billion yuan and more than 1500 employees. It is the second largest manufacturer of internal combustion engine valve steel in the world and the main drafter of 15 national standards, including air valve steel.

The company has passed IATF16949, ISO9001 quality, ISO14001 environment, ISO45001 occupational health and safety, ISO50001 energy, ISO10012 measurement, GBT23001 integration and other seven major management system certification.

In 2020, the sales income was 2.4 billion yuan and the total profit was 189 million yuan. From January to April this year, sales revenue reached 814 million yuan, an increase of 30 percent over the same period last year. Total profits from January to April totaled 52.78 million yuan, an increase of 201 percent over the same period last year.

Series of internal combustion engine valve steel products: valve steel is the key material used in the manufacture of internal combustion engine. The production of air valve steel is a highly professional field in the production of special steel, and its working conditions are relatively bad, and it is usually required to work under the conditions of high temperature, high pressure, high erosion and high erosion, so it has high requirements for the performance of air valve steel. in particular, there are certain requirements for high temperature strength, fatigue strength, high temperature wear resistance and corrosion properties of materials.

Internal combustion engine valve steel market: the company has become a qualified supplier of world-renowned auto parts manufacturers such as Chongqing Sanai, Guangzhou Riduan, Huaiji Moon Landing, Eaton, Beijing Xinhan, etc., with a domestic market share of 60%. Valve steel products have successfully entered the supply chain of Shanghai Volkswagen, American General Motors, American Ford, American CAT, Japanese Toyota, Honda, Korean Hyundai, Kia and other well-known auto companies.

Special stainless steel welding wire series products: the sales volume of wire rod based on austenitic stainless steel welding material ranks among the top three in the country, and it is widely used in large petrochemical equipment, pressure vessels and sea. Foreign engineering, nuclear power and coal power engineering, etc. A joint venture with Sichuan Atlantic Welding Materials Co., Ltd. has established a special welding material production line, which is a supplier of Kunshan Jingqun, Tiantai, Beijing Jinwei, Lincoln, Bridge, Jinqiao and other suppliers in the field of special alloy welding wire. At present, the special smelting production line is gradually entering the direction of corrosion-resistant alloy welding materials, low-alloy high-strength welding wires, nuclear power welding materials, ultra-supercritical boiler welding materials, ultra-low temperature steel welding materials and so on.

High temperature alloy, electrothermal alloy and special stainless steel rod and wire series products: the products are mainly concentrated in the field of special stainless steel rod and wire based on 300 series stainless steel, heat-resistant steel stainless steel, duplex stainless steel, etc., brands such as: 304B, 304H, 304HC, 304L, 303series free-cutting stainless steel, 2205, 2507, 310,316 and other products. Superalloy: GH2132, GH4169, corrosion resistant alloy Inconel600, 625, Monel400, Monel-K500 and other forged and rolled bar line products. Specification coverage: 5. 5-105mm. Electrothermal alloys: Fe-Cr-Al 0Cr25Al5, 0Cr20Al3, 1Cr13Al4, 0Cr21Al6Nb, Ni-Cr Cr20Ni30, Cr20Ni35, Cr20Ni80.

Special stainless steel rod and wire product market: the company is the main supplier of Tenglong fine line, Zhejiang Dongming, Olympic exhibition and other major suppliers, the products are processed downstream into steel wire, wire mesh, spring, standard parts, Rod, shaft and other products are widely used in the field of industrial manufacturing.

Five-year plan:

Development strategy: strategic positioning: special steel boutique manufacturing and service-oriented enterprises with leading technology and unique competitiveness in the industry. Differentiation development strategy: focus on the transformation and development of high-quality special steel and special alloy varieties in subdivided industries to meet the development needs of product quality and varieties with technical capabilities.

Guiding ideology: actively adapt to the new normal of China's economic development, adhere to the boutique strategy of "being the champion of subdivided tracks", accelerate the transformation and upgrading of enterprises from "products" to "boutique + service", pursue technological leadership, strengthen product extension, and create competitive advantages to improve business performance.

Overall goal: strive to build a leading domestic production base of advanced special metal materials by 2025, respond to the requirements of the national independent and controllable strategy for special metal materials, and meet the escalating material needs of emerging industries. Improve the product level and profitability of Shenyuan Group, with an output value of 3.5 billion yuan and a profit and tax of 600 million yuan.

Project planning: phase I (2020-2022): implement the "Special Alloy industrialization and High Speed Line Intelligent Transformation Project", with a total investment of 633.5 million yuan, which will be jointly built by Shenyuan Group and Xinghua Exchange Co., Ltd., of which 419.5 million yuan will be invested in equipment, 214 million yuan in construction and installation projects, 200mu of new land expropriation and 63500 square meters of new factory buildings. The project introduces the most advanced intelligent finishing rolling system technology of Special S.T650in Germany, and purchases 96 sets of imported and domestic equipment such as heat treatment equipment, shot blasting machine system, automatic surface treatment closed tunnel pickling line, inspection and testing equipment, etc., and carries out adaptive transformation to water, electricity and other utilities.

Process: raw material (continuous casting billet)-heating-rough rolling-finishing rolling-on-line heat treatment-surface pickling treatment-inspection-packaging.

The project designs 150000 tons of special steel wire rod production capacity of air valve steel, welding materials, electrothermal alloy, high temperature corrosion resistant alloy, precision alloy and so on.

Phase II (2022-2025): implement the "vacuum Special Metallurgical Technical Reform Project", with a planned investment of 582 million yuan to build large tonnage vacuum metallurgical facilities, forging and joint drawing units, mainly for the product expansion of special high-end materials. It has the production capacity of developing nickel-based alloys and other special alloy materials used in energy resources, transportation and advanced manufacturing materials, especially those used in aerospace, military, new energy and other industries.

The main contents of construction are as follows:

1 Construction of additional 6tVIM and 6tPESR facilities

2 partial transformation of hot rolling production line

Construction of 34000t forging unit

(4) supporting construction of heat treatment production line.

(5) to build an additional combined drawing unit.

6 supplement some scientific research and laboratory facilities

7 improvement project of enterprise informatization and intelligence

Visit the factory

Subsequently, SMM and members of the delegation visited the factory of Jiangsu Shenyuan Group Co., Ltd., to gain an in-depth understanding of the technical advantages and features of the products.

exchange of technical know-how

Representatives of SMM and nickel industry chain enterprises had in-depth exchanges on the core competitiveness and future development planning of Jiangsu Shenyuan Group Co., Ltd.

Electric furnace smelting and out-of-furnace refining: the steelmaking plant of Shenyuan Group includes electric furnace and induction furnace smelting, ladle refining, AOD refining, V (O) D refining, as well as continuous casting and mold casting equipment.

The equipment characteristics of the production line are as follows: (1) complete smelting and refining equipment; (2) relatively complete means of quality control; (3) furnace capacity is more suitable for the production of various kinds of special steel or special materials; (4) the introduction of technology and management personnel, stable quality control.

Hot rolling and heat treatment: the natural gas transformation of the heating furnace has been carried out, and the temperature uniformity of the furnace has been improved. In order to meet the production of nickel-based alloys and special metal materials, as well as to improve the dimensional accuracy, microstructure and properties of products, it is planned to carry out transformation and currently complete the procurement of major equipment. Equipped with austenite solution and martensite annealing facilities. The first phase of heat treatment facilities is being upgraded, including annular solid solution furnace, bell type annealing furnace, high temperature solid solution furnace and so on.

Special metallurgical equipment:

Joint drawing + silver bright material processing production line:

Online non-destructive testing:

Physical and chemical testing equipment:

Take a group photo as a souvenir

After visiting the factory, representatives of SMM and nickel industry chain enterprises took a group photo with Jiangsu Shenyuan Group Co., Ltd. to increase their deeper cooperation and friendship. I believe there will be deeper exchanges and cooperation in the future!

After this visit and research, SMM and representatives of nickel industry chain enterprises have a deeper understanding of the products, technology and company development of Jiangsu Shenyuan Group Co., Ltd. at the same time, they have a deeper understanding of the current market situation, development trend and existing problems of the nickel industry, and will continue to deepen cooperation with major enterprises to achieve complementary advantages and jointly promote the development of China's nickel industry.