Korean Machine Tool Market Trend in January

Machine Tool Market Status (January, 2016)

☐ (Orders) ‘16. January Machine Tool Order ￦1,583B(MoM -18.9%, YoY -73.3%)
o (Domestic Orders) ￦1,165B(MoM -2.9%, YoY -18.0%), 
   (Export Orders) ￦471B(MoM -44.5%, YoY -90.7%)

o (By product)
NC Metal Cutting(￦1,388B, MoM -11.6%)
Metal Cutting (￦82B, MoM -0.1%), 
Metal Forming(￦112B, MoM -62.4%), 

o (By industry)
Automobile(￦451B, MoM +33.8%),
Steel‧Nonferrous Metal(￦85B, MoM +74.5%), 
Machinery(￦218B, MoM +7.2%), 
Electric‧Electronics‧IT(￦139B, MoM -50.0%)

*Metal products(￦112B, MoM +0.9%), Shipbuilding‧Aviation(￦31B, MoM -48.6%),
 Precision Machinery(￦11B, MoM +57.7%)

☐ (Production) ‘16, January Machine Tool Production ￦1,904B(MoM -17.9%, YoY -37.8%),
   Shipment ￦1,552B(MoM -42.3%, YoY -43.7%)

☐ (Exports, January, '16) $123M(MoM -43.0%, YoY -22.1%)

- By Region 
Asia($59M, YoY-46.6%), North America($22M, YoY -0.6%), Europe($22M, YoY -53.2%), Central and South America($18M, +43.0%) 

*ratio of Exports(‘16.Jan.) by region : Asia(48.0%), Europe(17.9%), North America(17.9%)Central and South America(14.6%)

☐ (Imports, January, '16)$75M(MoM -35.5%, YoY -29.4%)

- Asia($46M, YoY -34.6%), North America($3M, YoY -54.8%),
 Europe($26M, YoY -33.9%)

*ratio of Imports(‘16.Jan.) by region : Asia(61.3%), Europe(34.7%), North America(4.0%) 

*￦ : Korea Won, $ : US dollar, B= Billion,  M=Million

Korean Machine Tool Market Trend in September

Korean Machine Tool Market Status (September, 2015)

 

☐ (Orders) ‘15. September  Machine Tool Order ￦2,089B(MoM +10.4%, YoY -34.6%)
o (Domestic Orders) ￦1,414B(MoM +14.3%, YoY -10.7%),
   (Export Orders) ￦675B(MoM +3.1%, YoY -58.1%)

o (By product)
NC Metal Cutting(￦1,672B, MoM +10.4%)
Metal Cutting (￦101B, MoM +35.0%), 
Metal Forming(￦ 317B, MoM +65.7%)

o (By industry)
Automobile(￦716B, MoM +35.4%),
Steel‧Nonferrous Metal(￦26B, MoM -73.3%), 
Machinery(￦217B, MoM -9.4%),
Electric‧Electronics‧IT(￦132B, MoM +2.2%)

*Metal products(￦91B, MoM +12.2%), Shipbuilding‧Aviation(￦59B, MoM +6.6%),
 Precision Machinery(￦42B, MoM +269.8%)

o Machine Tool Orders(January ~ September) ￦28,091B(YoY -7.8%)
 (Domestic Orders) ￦ 12,941 B, YoY -7.8%,
 (Export Orders) ￦12,948B, YoY -7.9%

☐ (Production) ‘15, September Machine Tool Production ￦2,391B(MoM -3.7%, YoY -14.8%),
   Shipment ￦2,465B(MoM -12.6%, YoY -18.4%)
o Machine Tool Production(January~September, 2015) ￦26,013B(YoY +2.4%)


☐ (Exports, September, '15) $154M(MoM -25.2%, YoY -33.0%)
o Sub total of Exports (Jan.~September, '15) $1,784M(YoY -25.2%)

- By Region
Asia($815M, YoY+10.3%), North America($293M, YoY -5.4%), Europe($337M, YoY -19.5%), Central and South America($254M, +196.0%)

*ratio of Exports(‘15.Jan.~September) by region : Asia(45.7%), Europe(21.1%), North America(16.4%)Central and South America(14.2%)

☐ (Imports, September, '15)$104M(MoM -1.2%, YoY -18.0%)

o Sub total of Imports (Jan.~ September, '15) $1,073M(YoY -4.3%)

- Asia($708M, YoY +0.9%), North America($45M, YoY -8.7%),
 Europe($313M, YoY -14.6%)

*ratio of Imports(‘15.Jan.~September) by region : Asia(65.7%), Europe(29.4%),
 North America(4.3%)

*￦ : Korea Won, $ : US dollar, B= Billion,  M=Million

Korea Machine Tool Market Trend in August

Korean Machine Tool Market Status (August, 2015)

☐ (Orders) ‘15. August Machine Tool Order ￦1,893B(MoM -14.8%, YoY -32.9%)
o (Domestic Orders) ￦1,238B(MoM -3.5%, YoY -21.1%),
   (Export Orders) ￦655B(MoM -30.4%, YoY -47.8%)

o (By product)
NC Metal Cutting(￦1,627B, MoM -16.7%)
Metal Cutting (￦74B, MoM +19.7%), 
Metal Forming(￦ 191B, MoM -8.2%)

o (By industry)
Automobile(￦528B, MoM +3.3%),
Steel‧Nonferrous Metal(￦98B, MoM +32.0%), 
Machinery(￦240B, MoM +15.5%),
Electric‧Electronics‧IT(￦129B, MoM -7.9%)

*Metal products(￦81B, MoM -20.2%), Shipbuilding‧Aviation(￦55B, MoM -23.7%),
 Precision Machinery(￦11B, MoM -63.4%)

o Machine Tool Orders(January ~ August) ￦23,800B(YoY -4.4%)
 (Domestic Orders) ￦ 11,527 B, YoY -7.4%,
 (Export Orders) ￦12,273B, YoY -1.4%


☐ (Production) ‘15, August Machine Tool Production
     ￦2,483B(MoM -13.9%, YoY -7.7%),
    Shipment ￦2,819B(MoM +8.8%, YoY +3.6%)
o Machine Tool Production(January~August, 2015) ￦23,621B(YoY +4.6%)


☐ (Exports, August, '15) $205M(MoM -18.8%, YoY +5.5%)
o Sub total of Exports (Jan.~August, '15) $1,631M(YoY +14.4%)

- By Region
Asia($735M, YoY+14.9%), North America($269M, YoY -1.1%), Europe($338M, YoY -15.0%), Central and South America($247M, +245.4%)

*ratio of Exports(‘15.Jan.~August) by region : Asia(45.1%), Europe(20.7%), North America(16.5%)Central and South America(15.1%)

☐ (Imports, August, '15)$105M(MoM -23.2%, YoY -5.7%)
o Sub total of Imports (Jan.~ August, '15) $969M(YoY -2.5%)

- Asia($637M, YoY +2.8%), North America($42M, YoY -8.4%),
 Europe($285M, YoY -12.8%)

*ratio of Imports(‘15.Jan.~August) by region : Asia(65.7%), Europe(29.4%),
 North America(4.3%)
*￦ : Korea Won, $ : US dollar, B= Billion,  M=Million

Korea Machine Tool Market Trend in July

Korean Machine Tool Market Status (July, 2015)

 

  
☐ (Orders) ‘15. July Machine Tool Order ￦2,223B(MoM -17.3%, YoY -21.8%)
o (Domestic Orders) ￦1,283B(MoM -25.5%, YoY -4.5%),
   (Export Orders) ￦940B(MoM -2.6%, YoY -37.4%)

o (By product)
NC Metal Cutting(￦1,952B, MoM -11.1%)
Metal Cutting (￦62B, MoM -26.0%), 
Metal Forming(￦ 208B, MoM -48.8%)

o (By industry)
Automobile(￦512B, MoM -37.4%),
Steel‧Nonferrous Metal(￦74B, MoM -35.7%), 
Machinery(￦208B, MoM -25.5%), Electric‧Electronics‧IT(￦140B, MoM -11.3%)
*Metal products(￦102B, MoM +35.3%), Shipbuilding‧Aviation(￦72B, MoM -16.9%),
 Precision Machinery(￦31B, MoM +1.1%)

o Machine Tool Orders(January ~ July) ￦21,907B(YoY -0.8%)
 (Domestic Orders) ￦ 10,289 B, YoY -5.4%,
 (Export Orders) ￦11,618B, YoY +3.8%


☐ (Production) ‘15, July Machine Tool Production ￦2,884B(MoM -4.4%, YoY -4.5%),
   Shipment ￦2,590B(MoM -11.8%, YoY -11.3%)
o Machine Tool Production(January~July, 2015) ￦21,138B(YoY +6.2%)


☐ (Exports, July, '15) $253M(MoM +16.0%, YoY +31.1%)
o Sub total of Exports (Jan.~July, '15) $1,425M(YoY +15.7%)

- By Region
Asia($634M, YoY+15.9%), North America($226M, YoY -7.7%), Europe($298M, YoY -10.7%), Central and South America($228M, +236.0%)

*ratio of Exports(‘15.Jan.~July) by region : Asia(44.5%), Europe(20.9%), North America(15.8%)Central and South America(16.0%)

☐ (Imports, July, '15)$137M(MoM +0.7%, YoY -2.2%)

o Sub total of Imports (Jan.~ July, '15) $864M(YoY -21%)

- Asia($580M, YoY +6.1%), North America($36M, YoY -4.5%), Europe($243M, YoY -18.1%)



*￦ : Korea Won, $ : US dollar, B= Billion,  M=Million

 

 

 

 

Matchmaking4U in China with DUCK MYUNG CO., LTD.

SIMTOS Matchmaking4U in China
with DUCK MYUNG CO., LTD.

 
  <About DUCK MYUNG CO., LTD.>

[Matchmaking4U]Exhibitor(12) GNUTTI Transfer

About GNUTTI Transfer(www.gnuttitransfer.com) 

Established in 1955 as the service workshop of Trafilerie Carlo Gnutti, the Italian company Gnutti Transfer soon started manufacturing automatic lathes for the production of fittings to finally focus on that of transfer machines. Gnutti Transfer was among the first companies to apply - in the mid-Seventies - advanced technological solutions based on electronics, thus revolutionizing the current concept of transfer machines, and to integrate new modularity concepts. Thanks to the continuous technological improvements aimed at increasing the performance and reliability of its machines, Gnutti Transfer also entered the automotive sector counting General Motors among its clients, soon followed by other major European industries. In order to assure proper sales and service assistance, Gnutti Transfer founded local branches in North America and China which can provide spare parts and technical assistance.

Nowadays Gnutti Transfer manufactures:

- Transfer machines: 2 or 3-way transfer machines with horizontal or vertical turret axes;

- Flexible machines: up to 6-way flexible transfer machines with horizontal or vertical turret axes;

- Multispindle transfer machines or bar machines: multi-station turning machines for automatic
  machining of static bar components; 

- Modular center transfer machines: multi-process and multiaxis flexible machining centers;

- Lean transfer machines: ‘piccola’ is the latest transfer machine combining outstanding flexibility and high productivity thanks to its up to 22 upper, 12 radial and 22 lower units. The production system comprises the whole machining cycle without any intermediate buffer nor production queue; machining processes, quality control and monitoring functions can be performed on the same machine and in any workstation to provide a complete production solution. Its modular design allows any reconfiguration upon request. It is equipped with a state-of-the-art CNC and user friendly interface and maintenance instructions. Last but not least, it incorporates innovative energy saving solutions; its output is excellent in relation to the space occupied. Piccola is recommended for electric and electronic, automotive, hydraulic and medical applications as well as in the production of fittings, watches, locks and glasses.

Gnutti Transfer S.p.A.

Via Domenico Ghidoni, 187
25035 Ospitaletto (BS) - ITALY
tel. +39 030 640061
fax. +39 030 640745
sales@gnutti.com

[Matchmaking4U]Exhibit Preview ⑧: SINKANG ENGINEERING Co., Ltd.

Expert in Special Hydraulic Power Chuck Since it was founded in 1984, SINKANG Engineering has been focused on producing special hydraulic power chucks that fix workpieces on CNC lathes, machining centers, etc. The company supplies high-quality special hydraulic power chucks to a wide variety of business types, including automobile & parts, electronic parts and metal processing-related manufacturers. SINKANG Engineering will exhibit special hydraulic power chucks that are mounted onto CNC lathes, machining centers, etc. SINKANG high-quality chucks are used in diverse industries, such as automobile, automotive parts, lectronic parts and metal processing.

Ball Lock Power Chuck It can be converted from external to internal chucking within a few minutes, The SBL chuck pulls throughtout the chucking range so that it can clamp up to 10˚ slope (20˚ taper). Jaws can be automatically adjusted in left and right directions by 5˚. There is no loss is power. The chucking force is about three times the input power. Pin Arbor Chuck It draws the workpiece to the locator securely so that it is possible heavy cutting as well as it is suited for secondary machining that requires high accuracy. The structure of Pin Arbor Chuck ensures excellent durability without allowing the entry of cutting oil and chip. Fixture The fixture is designed for gear manufacturing. SINKANG supply a wide variety of fixture including specialized hobbing, shaving, honing and grinding fixture. it ensures excellent product for gear hobbing, shaving, honing and grinding process.

[Matchmaking4U]Exhibitor(6) ROYAL PRECISION TOOLS CORPORATION, TAIWAN

About ROYAL PRECISION TOOLS CORPORATION.

Royal Precision Tools Corporation was established in 2003 in Taichung, Taiwan. We are dedicated to manufacturing only high precision machine tool spindles.

Our product series include:
1. Belt drive spindles
2. Direct drive spindles
3. Motorized spindles
4. Built in spindles
5. Turning spindles
6. Gear spindles

We strongly believe in going the extra mile. So we deliver only the best quality, highest speed, and most accurate spindle designs born of technical expertise. We go beyond expectations of standard quality to achieve the highest precision, stability, rigidity and efficiency. As testament to the results we provide, Royal spindles are increasingly found in machine tools made by big name international machine tool manufacturers, earning high marks along the way.

Through regular staff training, improving production processes, and the implementation of new technology for better spindle design; Royal consistently reaches higher levels in full. In 2007 we established our second and third factories one right after the other, using only the best production equipment for our lines. And we assembled an R&D team made up of only the brightest and most experienced spindle professionals.

Our built in spindle has been developed to the most exacting standards, and is now in the mass production phase. As technology requires spindles of guaranteed accuracy, Royal spindles are built using precision equipment in a temperature controlled and dust free production environment. And we have introduced top quality, high precision testing equipment to strengthen our testing abilities and spindle performance. These include coordinate measuring machine, concentricity tester, CNC rotary surface grinder, high precision vertical grinder, and balancing machine. At Royal we take pride in how we listen to and understand customer needs. Our expertise in machine tool spindles will fulfill every aspect of your specific machining requirements.

Moreover, with a strong spirit of team work and the finest production & inspection facilities available, we offer different categories of spindles in both standard and custom specifications. Successful execution of every project we embark on is our core target. Without doubt, the projects Royal has executed in Taiwan and foreign lands have achieved high approval and built strong alliances with our clients. 

ROYAL PRECISION TOOLS in SIMTOS 2014

At SIMTOS2014, Royal will exhibit a full range of spindles, like Motorized, Direct Drive type, Turning spindles which are suitable for different market.

Royal will participate in SIMTOS2014 since the growing of the market as well as some of potential customers in Korea

[KMTI] Navigating Major End-User Industries : Steel

'12 Exports Up 4.6%; Domestic Demand Seen to Rise in '13

In 2012, steel production stayed at the previous year's level due to stagnation of domestic demand following the economic recession.

The Korea Iron & Steel Association (KOSA) said that the domestic production of steel products recorded 72.91 million tons in 2012, a mere 0.9% year-on-year growth. Crude steel production also stood at 69.40 million tons, up 1.3%.

Exports of steel products in 2012 increased 4.6% year-on-year to 34.30 million tons owing to expanded demand in the United States, ASEAN and the Middle East. In contrast, imports decreased 10.2% to 20.76 million tons due to a slowdown of domestic demand and excess supply in the domestic market.

KOSA projected crude steel production at 71.21 million tons (up 2.6%) and steel goods production at 74.06 million tons (up 1.6%).