Special grade steel for mold work and tool making.

Special grades for mold and tool making are steels with properties and ingredients that are suitable for each type of application. The objective is to increase efficiency. Reduce costs and extend the life of the mold. Special grades of steel for mold work and tooling have developed and have been in the Thai mold industry for a long time.

Mold IndustryThe mold industry is an upstream industry that supports various manufacturing industries such as automotive, electrical appliances, plastics, pharmaceuticals, food, and more. The mold industry in Thailand is critical to economic growth and competition in the global market. Molds are exported to countries such as Japan, Brazil, Vietnam, China, and South Korea, and molds are imported from high-tech countries such as Japan, China, South Korea, and Germany.

The Thai mold industry is also supported and promoted by the government and the private sector in various aspects such as skill development and professional standards of personnel. Upgrading Technology and Innovation With access to capital and loans, access to new markets, and cooperation with other industries, the Thai mold industry has opportunities for continuous growth and development, especially in the Thailand 4.0 era, which focuses on the use of technology and innovation in the production of high-quality products and services, and in the New Normal era where consumer behavior and needs change.

The Thai mold industry is diverse in both types and sizes of businesses, including small, medium, and large businesses, as well as businesses covering all stages of the mold manufacturing process. The mold industry in Thailand is classified according to the type of mold, such as metal mold. Plastic Mold, Rubber Mold, Casting Mold, Injection Mold, Forging Mold Each type has different specialties and customer needs.

The Thai mold industry excels in mold design and molding. It uses modern technology and machinery, and applies new innovations and materials to increase the efficiency and quality of molds. The mold industry is also developing and increasing its capabilities in the field of coating and mold repair, which is an important step in extending the life of the mold and reducing the cost of the mold. The mold industry also provides other services such as mold testing, mold assembly, mold transportation, and technical and management consulting.

The mold industry is an important industry for the production of various industrial products. The value of exports and imports each year is not small, according to data from the Bank of Thailand. Mold Exports from Thailand in 2022 the total value of molds imported into Thailand is 1,406 million baht, and the total value of molds imported into Thailand is 1,341 million baht. This caused Thailand to have a trade deficit in the mold industry of 65 million baht. For 2023, there is no definitive data yet, but it is likely that mold exports and imports will increase in line with the global economic recovery.

Leong Jin's merchandise it has a direct contribution to the Thai mold industry. We are a supplier of special grades of steel for mold work and tooling with high quality and meet international standards. 

Source: Bank of Thailand