In the past few years, under the guidance of the state macro-control, Iron and steel industry strictly control the total capacity, speed up the elimination of backward production capacity, strict control of new capacity. After a long period of extensive expansion, iron and steel industry urgently needs to speed up structural adjustment and industrial upgrading, which has brought challenges to the metallurgical heavy machinery manufacturing industry, especially the high-tech high-end equipment manufacturing industry, and also brought
about market opportunities.