The steel wire rope with open socket industry has not developed the leading enterprises in the field of tools, especially in the foreign market skills, the overall competition of the industry, etc. have no clear advantages. Especially in the technical innovation of steel wire rope with open socket, skill innovation is a crucial item in the creation of steel wire rope with open socket, but it is very weak in our country.
The general business source of steel wire rope with open socket is from foreign trade orders, which has a high degree of export dependence. If it encounters the international financial crisis, many enterprises' export markets will face a sharp shrinkage. steel wire rope with open socket is also lagging behind in the establishment of the brand. In this industry, many companies rely on OEM consumption, and there is a shortage of brand and core competitiveness. The blind expansion caused China's steel wire rope with open socket to be an important factor in the market chaos and hinder the development of steel wire rope with open socket.