advantage of hongyang technology

about hongyang
Scale of operation
Xuzhou Hongyang New Material Technology Co., Ltd. was established in June 2017 and is located in Datun Town Industrial Park, Pei County, Jiangsu Province, with a registered capital of 105 million yuan. Now it is mainly engaged in chromium alloy technology development, smelting, sales and chromium ore import trade. At the end of 2019, there were 357 employees and total assets of 247 million yuan, of which the original value of fixed assets was 98.82 million yuan, current assets were 163.59 million yuan, and the debt-to-asset ratio was 22.17%. In 2019, it achieved main business income of 581 million yuan and paid 24.48 million taxes and fees. yuan

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Main use of the product

High-carbon ferrochrome is used as a steel additive to produce a variety of high-strength, corrosion-resistant, wear-resistant, high-temperature, and oxidation-resistant special steels, such as stainless steel, acid-resistant steel, heat-resistant steel, ball bearing steel, spring steel, tool steel, etc. These special steels are aviation, aerospace, automobile, shipbuilding and The defense industry produces indispensable materials such as guns, missiles, rockets, and ships.

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  • Used as ball steel with higher carbon content

    Alloying agent for tool steel and high-speed steel, improve the hardenability of steel, increase the wear resistance and hardness of steel

  • Used as an additive for cast iron

    Improve the wear resistance and hardness of cast iron, while making the cast iron have good heat resistance

  • Used for slag-free production

    Used as a chromium-containing raw material for the production of silicon-chromium alloys and medium and low-carbon ferrochromium by slag-free method

  • Used for electrolysis to produce metallic chromium

    Used as a chromium-containing raw material for the production of metallic chromium by electrolysis, and used as a raw material for smelting stainless steel by oxygen blowing

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