Summary of Challenges and Development Opportunities in the Forged Steel Ball Industry Currently, the forged steel ball industry is under the dual pressures of intense market competition and fluctuating demand. Small and medium-sized mines have reduced production due to environmental protection and the industry's downturn, resulting in a decline in steel ball demand. Large enterprises have lowered prices in bidding and procurement, and the accumulation of inventory by some enterprises has pushed the industry into a price war quagmire. In the next two years, there may be a wave of business closures or transformation among enterprises. To break through the predicament, enterprises have taken multiple measures: First, they have established joint ventures with large mines to optimize resource collaboration; second, they have laid out forging and hot rolling production lines in steel mills to expand high-value-added products; third, they have enhanced competitiveness through technological innovation, such as Guangping County Steel Nu New Materials Company developing an intelligent production line, which has increased production efficiency by 1.5 times, and has collaborated with several universities to develop wear-resistant new materials. It is expected to launch new energy-saving and consumption-reducing products in September. Furthermore, the enterprise is actively expanding its overseas market. The export proportion of Shangnu Company's products reaches 85%, covering more than 20 countries. This year, it has received orders from countries such as Chile and Poland, and the production schedule is extended until the end of June. Despite the severe challenges in the industry, through technological upgrading, cooperation transformation and international layout, the forging steel ball industry is expected to achieve high-quality development.

High-chromium cast balls: A revolutionary force in industrial wear-resistant applications High-chromium cast balls, with their unique performance advantages, are becoming a significant force of innovation in the industrial wear-resistant field. This material forms a composite structure of martensitic matrix and chromium carbide hard phase through high chromium content, demonstrating a hardness of up to 60-65HRC, excellent impact toughness, and a wear rate that is 30%-50% lower than traditional materials. In the mining industry, it significantly boosts the efficiency of crushers by over 20%, and increases the recovery rate of concentrate by 5%-8%; in the cement production field, it can enhance the capacity of mills by 15%-25%, and increase the specific surface area of cement by 10%-15%. In recent years, innovations such as directional solidification technology and vacuum degassing processes have significantly improved the purity and microstructure uniformity of the material. Faced with increasingly strict environmental protection regulations, the industry is accelerating the research and development of low-chromium and environmentally friendly formulas, promoting electric furnace smelting + waste heat recovery systems, and reducing the energy consumption per unit product by more than 18%. In the future, through technological breakthroughs such as nano-modification and intelligent casting, it will achieve dual upgrades in performance and environmental protection, continuously providing green solutions for the industrial wear-resistant field.