China manufactures its own ball pen tips
- By Gong Jie
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E-mail China.org.cn, February 15, 2017
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China manufactures its own ball pen tips |
Taiyuan Iron and Steel (TISCO), one of China's biggest stainless steelmakers, announced that it has started to produce and provide ball pen tips to Beifa Group, one of the country's largest ballpoint pen makers, ending the country's long-term reliance on imported ones.
This is the best answer to the "question on ball pen tips" posed by Chinese Premier Li Keqiang while visiting TISCO in early 2016.
Ball pen tips require extremely high grade stainless steel and precision equipment. For years, China has spent millions importing stainless steel and other equipment from Japan and Switzerland. But now, with the nationalization of ball pen tips, the price of imported ball pen tips has already dropped about 25 percent.
It is expected that there might be no need for imported steel within the next two years. The ball material manufactured in China not only meets national demand but can also be exported.
Since the beginning of 2017, the share price of TISCO has increased dramatically.
As a leading company in stainless steel industry, TISCO has always been committed to the development, production and application of critical materials in China. Its stainless steel products can be used in stainless steel balls, rockets, nuclear plants and high speed trains.
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