The material price of domestic stainless steel spring has raised in general since the Indonesian mine ban carried out. The government of Indonesia issued a ban suddenly, banned export of 14 kinds of raw include tin, aluminum and nickel, which shocked the world.

Nickel is excellent corrosion material, and also is the important of stainless steel alloying elements. When the steel contains 27% nickel, the corrosion resistance of the steel can be changed significantly in some medium.So nickle cannot make up stainless steel by itself. But when nickle and chrome present in stainless steel in the same time, present many commendable performance.

As we all know, Indonesia is a big material of tin, aluminum and nickel country, the proportion is 26%, 15%, and 12% respectively. China has a high dependence on Indonesia about bauxite, hence the companies which its raw material depends on import or purchase from foreign are hit more severely. As the data shows, The dependence of bauxite is 59% in China, 47% import from Indonesia, and 54% of nickel import last year.

The mine ban of Indonesia leads to increase the price of stainless steel. Japan as a stainless steel producer, the mine ban make Japan face with a higher production costs., and the dependence of Indonesia nickle is as high as 53%, And some company may face no material to produce in Japan.

In the case of the wine ban, some company from China may build up refinery in Indonesia to produce nickle pig iron, to conform to the Indonesia government policies.

Dongguan Yongsheng Metal Products Co., Ltd, has specialized in springs, stainless steel spring, power spring developing and producing of spring for 15 year. And carefully choose the high quality stainless steel material, the goods time is stable. Welcome to visit our company and purchase if needed!