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NORMA Group Buys Nashik-Based Water Management Firm KPSL108fastener
fastenerGermany’s NORMA Group SE, which manufactures machine joining components has planned to acquire Indian water management firm Kimplas Piping Systems Ltd for an undisclosed amount. The deal is expected to close by the...

EU extends anti-dumping duties on Chinese steel ropes, cables91fastener
The European Union has decided to extend anti-dumping duties on imports of Chinese steel ropes and cables for a further five years, according to the EU official journal published Friday.The anti-dumping duties of 60.4 pe...

2018 Taiwan International Fastener Show Successfully Opens202fastener
fastenerFrom L to R: Ms Zeng Chujun, General director of CFI; Ms Liang Ancheng, Consultant of CFI. The 5th Taiwan International Fastener Show (FASTENER TAIWAN) was unveiled at Kaohisung Exhibition Center on April 10-12, 201...

North America's Most Established Gathering of Fastener Industry Professionals Secures Dates for International Fastener Expo through 2020.199fastener
fastenerLos Angeles, CA (April 12, 2018) – The International Fastener Expo (IFE), first established in 1981 and holding consecutive events for more than three decades, has secured the Mandalay Bay Convention Center for its annua...

EU takes US to WTO over steel, aluminum tariffs240fastener
The European Union (EU) on Monday requested consultations with the United States at the World Trade Organization (WTO) over Washington's move to impose tariffs on steel and aluminium imports, WTO sources said on Tues...

China to phase out share-holding limits for foreign investors in manufacturing sectors240fastener
fastenerCRRC employees operate an assembly line of the company in Qingdao, Shandong province. [Photo by Zhang Jingang/For China Daily]BEIJING - China will scrap share-holding limits in the automobile, shipbuilding and airplane m...

Tax cuts to benefit Made in China 2025 industries282fastener
The recently announced tax cut plan for the manufacturing industry will largely benefit the industries related to the Made in China 2025 strategy, according to global accounting firm Ernst & Young.According to Kennet...

China reports strong digging machine sales in Q1252fastener
China's digging machine producers reported strong sales in the first quarter of 2018, data from the China Construction Machinery Association has showed.A total of 38,261 digging machines were sold in March, up 78.9 p...

WIN EURASIA 2018---6 Fairs Under One Roof!364fastener
fastenerWIN EURASIA 2018 was successfully held on 15-18 March 2018 at TUYAP Fair Convention and Congress Center. China Fastener Info (CFI) as one of the media partners attended the show, clicking off the 104th global trip of Chi...

German manufacturing production falls sharply in February297fastener
German manufacturing production in February experienced the steepest monthly decline in two years, figures by the Federal Statistical Office showed on Friday.According to the Wiesbaden-based government statisticians, man...

China's steel industry vows to rise to US challenges283fastener
China's iron and steel industry has vowed to actively respond to the challenges from the United States and firmly support government counter-measures against US imports."We don't want a trade war because it ...

Bossard Marked Sales and Profit Growth –Record Profitability 445fastener
The Bossard Group posted a sizable performance increase in the fiscal year 2017: Sales, EBIT and net income all rose to new heights. Sales grew by 13.1 percent to CHF 786.2 million, with all three market regions contribu...

Car production in Spain falls by 4 percent in February427fastener
The production of new vehicles in Spain fell by 4.3 percent during February compared with the same month in 2017, according to figures published by the Spanish Association of Vehicle Producers (ANFAC) on March 23.ANFAC c...

Anixter Moves Flagship European DC To Lichfield, U.K.465fastener
fastenerElectrial products/solutions distributor Anixter celebrated the opening of a new custom-built distribution facility in Lichfield, West Midlands, U.K., with a ribbon-cutting ceremony and key exchange on March 22. Despite ...

U.S. suspends metals tariffs for EU, 6 other economies459fastener
U.S. President Donald Trump approved Thursday the suspension of much-criticized tariffs on steel and aluminum imports from the European Union and six other economies, according to the White House.Source: Xinhua

CSC to hike prices for Q2 deliveries as global steel supplies remain tight555fastener
Taiwan’s largest steelmaker, said it would raise domestic product prices by an average of 4.2 percent for deliveries in the second quarter to reflect an uptrend in global steel prices.The 4.2 percent increase marks...

U.S. Fed raises interest rates, signals two more rate hikes in 2018457fastener
fastenerU.S. Federal Reserve Chair Jerome Powell speaks during a news conference in Washington D.C., the United States, on March 21, 2018. The U.S. Federal Reserve on Wednesday raised the benchmark interest rate by 25 basis poin...

Potential retaliatory EU tariffs on US fasteners418fastener
fastenerThe European Commission has published a ten-page provisional list of products Europe imports from the United States, on which it is threatening to apply 25% import duties unless the EU is exempted from steel and aluminiu...

More policies expected to foster growth of green vehicles430fastener
China will release more supportive policies this year to promote the development of new energy vehicles (NEVs) to help the environment and drive growth.China will support the purchase of NEVs by the local government and ...

Report: Caterpillar Closing Facilities In Texas, Panama & Maybe Illinois391fastener
Heavy equipment maker Caterpillar is closing a major factory in Texas and smaller one in Panama, and may close another in its home state of Illinois, according to a report Friday from Reuters.The news outlet cited a Cate...


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