owever, the highest value-added products in the carbide cutting inserts yield only three thousand tons,

China's current annual sales of 14.5 billion yuan cutter, carbide cutting tools which accounts for less than 25%, not only with the international market, a far cry from the product structure tool, it can not meet the domestic industry's growing demand for carbide cutting tools. China's current annual output of high-speed steel, 80,000 tons, accounting for 40% of global output, consumes a lot of valuable tungsten, molybdenum and other scarce resources. This blind expansion and low-level repetitive, making the production of high-speed steel cutting tools large excess, had to low sales, resulting in a large number of inefficient tool manufacturers. Tool structural imbalance is the production tool and demand wrong way. For example: the user needs carbide gap is large, but high-speed steel cutting tools overproduction; modern Molybdenum tube and efficient tool needed gap is large, but low-grade standard tool but overproduction.China's current annual output of 16,000 tons carbide, also accounted for about 40% of global output. However, the highest value-added products in the carbide cutting inserts yield only three thousand tons, accounting for only 20%. This situation, on the one hand carbide cutting tools are badly needed supply, it also makes a valuable Carbide resources are not being fully utilized.From the economic aspect of comparison, the annual sales income of carbide approximately $ 560 million; Japan is only 40% of our production, but sales of up to $ 2,633,000,000, of which blades (knives) the proportion of up to 72%, so that resources are fully utilized, companies also received good benefits. China's Tool Industry should get some useful lessons.In developed countries, currently accounts for carbide cutting tools dominance, the proportion reached 70%. The high-speed steel cutting tools at an annual rate of 1% to 2% of the rate reduction, the current proportion has dropped to below 30%. Diamond, cubic boron nitride and other superhard tools accounted for about 3%. Domestic hardware manufacturing tool consumption in the proportion of carbide cutting tools has reached more than 50%, the structure of supply and demand has been very serious problem disjointed. The consequence is a large excess of high-speed steel cutting tools at low export or domestic sales, while high-performance carbide cutting tools had to rely heavily on imports.