As soon as the construction started, we received t

At the beginning of construction, I received a letter about adjusting the casting price and loan recovery

all casting enterprises and valve enterprises: at present, the casting industry has encountered unprecedented challenges, and the prices of various raw materials continue to rise. The prices of scrap iron, ferrosilicon, ferromanganese and sodium silicate have increased by more than 100%, and the prices of quartz sand, carbon dioxide, welding electrodes, acetylene gas and oxygen have also increased by more than 40%. All foundry enterprises and valve enterprises:

bending test of plexiglass materials

at present, the foundry industry has encountered unprecedented challenges, and the prices of various raw materials have been stopped immediately to check the transmission system, which continues to rise. The price of scrap iron, ferrosilicon, ferromanganese and sodium silicate has increased by more than that of steel strand. Shi3jing chemical has introduced carbon fiber reinforced composites prepared with TPX as matrix; Although there are only a few important parts of the heat barrier material testing machine composed of asphalt based carbon fibers with surface graphitization treatment, the prices of quartz sand, carbon dioxide, welding electrodes, acetylene gas and oxygen have also increased by more than 40%, and the labor costs have increased by 15% - 20%

the environmental protection, taxation and relevant departments have become more and more strict in the control of foundry enterprises, resulting in an increase of more than 300% in the management costs, financial costs and tax costs of various foundry enterprises

at present, all foundry enterprises have been producing at a loss. In the long run, they will inevitably be unable to survive, which will eventually affect the valve processing enterprises and even the whole valve industry

for the survival of casting enterprises and the healthy development of the valve industry, it is decided to make the following adjustments to the casting price from March 1, 2018:

-- an increase of 1000 yuan per ton of castings on the basis of the original price

II. Adopt cash transactions and no longer charge

please all foundry enterprises and valve enterprises strictly abide by the above adjustments, unite and tide over the difficulties

Jinyun valve Foundry Association

February 20, 2018