5754 aluminum plate as the advantage product of Henan Mingtai Aluminum Industry is very broad in the ship market. According to the data released by China Shipbuilding Industry Association, there are 1,485 shipbuilding enterprises above designated size in the first half of this year. According to shipbuilding countries, China’s Orders accounted for 46% of the total, Japan accounted for 20%, and South Korea accounted for 13%. This also means that China’s shipbuilding industry has a major market in the world.
Driven by the tide of “One Belt, One Road” infrastructure construction, aluminum processing enterprises will usher in new development opportunities. In the field of ships, aluminum alloys are widely used. Aluminum has been used in ships for more than 100 years, because aluminum has a weight of 1/3 of steel and twice the strength of steel. This reduces the ship’s own weight, which speeds up the ship speed, reduces fuel and increases the load. The 5754 aluminum sheet produced by Henan Mingtai is widely used in ships and has good corrosion resistance and prolongs the service life of the ship. In addition, it has good processing properties and weldability, which greatly improves the safety of the ship.
Despite the vast market space for high-end aluminum processing products, this does not mean that any aluminum processing company can grab this “cake”. It is understood that there are only a handful of manufacturers of high-end aluminum products in China. Henan Mingtai Aluminum Industry Co., Ltd. was awarded the “China Classification Society Factory Approval Certificate” issued by China Classification Society Wuhan Branch on June 23, 2015. The acquisition of the certificate indicates that the company’s ability and conditions for producing related aluminum alloy sheets conform to the certification standards of China Classification Society. With China’s emphasis on the marine economy and the rapid development of the world’s shipbuilding industry, relying on the company’s equipment and technical advantages in the production of aluminum alloy sheet, the company’s marine aluminum alloy sheet will open up a broader market prospect for the company.