The same is the casting process. The hardware casting products have been hot in recent years for the following two reasons: First, with the continuous improvement of China's economic status and the continuous development of China's casting industry, more and more hardware casting products are exported to other countries, overseas The increase in demand has directly driven the increase in the output of our casting manufacturing enterprises. Second, high quality wins the world, and the improvement of domestic hardware casting product quality is also an important reason for its increased demand. my country's hardware casting industry is booming.

In the case of double growth of raw materials and labor costs, the traditional casting industry has no extra profit space for price reduction and promotion activities, not to mention the traditional casting production enterprises with extremely low added value. The reason why the traditional casting production enterprises have repeatedly lowered their shipments is that my country's traditional casting production capacity is excessive, and the homogeneity of products is serious. The above two factors have led to a large backlog of casting products in my country's traditional casting manufacturers. In order to reduce inventory pressure and defeat opponents, traditional casting manufacturers have waged price wars and even engaged in vicious competition at prices below the cost price.

The casting enterprise's thirst-quenching competition not only disrupts the normal order of my country's casting trading market, but also accelerates its own demise.