The epidemic has hit economies hard and the manufacturing chain is in urgent need of a rebound. The epidemic has spread so far, with the emergence of social panic around the world, making the already very fragile national economic system more depressed. Panic around the world has increased from the decline in international crude oil prices on march 8 to the four fusing of U.S. stocks in 10 days from march 9 to 18, despite the emergence of macroeconomic controls and stimulus measures to ease economic contraction. Subsequently, due to the aggravation of the epidemic situation in various countries, the implementation of national control measures, so that the European and American-led more and more people in the industry are worried about the future economic decline. With the reduction of domestic demand of major enterprises in various countries, the major enterprises mainly in manufacturing industry have gradually appeared order reduction, capital chain break, a large number of personnel loss and other situations, local enterprises reduce production, layoffs, losses, corporate restructuring and bankruptcy news followed. In addition, the country’s epidemic containment measures have made manufacturing countries that have long relied on imports and exports worse. However, as China’s epidemic stabilizes, it is expected that the situation will not last long, on the grounds that not only China but also the world need continuous development and progress. Now, China is in the rapid development stage, with the introduction of domestic policies to resume work and production in various parts of the country, China’s various industries need global support (such as the development of high-tech industries), if national control measures continue, will bring very adverse factors to the global development of various industries. In order to ensure the normal operation of national economies.
Despite we are now facing various difficulties, our company, Shanghai Triround Stainless Steel Corp. as a professional manufacturer of all kinds of stainless steel products from China, especially be good at seamless pipes, welded tubes, A554 tubes and flanges, elbows, valves etc. always do our best to stablize the supplies and ensure the quality for our each new and old customer,reaching your demand is just our duty
Post time: Apr-16-2020