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China's Aluminum Wheels Low Industry Concentration
Mar 10, 2017

Aluminum wheel is a material-intensive and labour-intensive products, aluminum casting and pollution and high energy consumption industry, at present, the industry is gradually shifting to the poor countries. China has become a major aluminum wheel production, but industry concentration is low, the low end overcapacity. Excess capacity situation, does not seem to have stopped many companies investment enthusiasm for aluminum wheels. It is understood that most of the aluminum wheel business idea of expanding capacity. Some of them aimed at the high end of the market, some enterprises would continue to invest in product, some equipment makers are also expanding investment in corporate investment in tens of millions of Yuan, some enterprises invested over a billion of Yuan.