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Industry News

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EU imposes new anti-dumping duties to Chinese steel526fastener
The European Commission decided on Wednesday to impose anti-dumping duties of up to 28.5 percent on certain corrosion-resistant steels from China.The European Commission, or the European Union's executive arm, said, ...

CISA decodes steel rise, raps speculators466fastener
fastenerThe China Iron and Steel Association or CISA has sought to calm the market that has been in turmoil of late due to runaway commodity prices.In a statement on Thursday, CISA said steel products' price surge is not due...

China's Fastener Imports & Exports during Jan.-Jun. 2017579fastener
fastenerAccording to the statistics from the Chinese customs, China's fastener exports reached 1,436,810 tons with the value of 2,385,606,448 U.S. dollars during January to June of 2017. The top five fastener export destinat...

China's machinery sector improves despite challenges480fastener
China's machinery sector reported better-than-expected performance in the first half of 2017 although high costs and financing difficulties continue to weigh on profits.Profits of machinery manufacturers amounted to ...

China's steel prices are rising and that's worrying Beijing582fastener
fastener--China's steel prices are on the rise--In March, Beijing announced plans to slash steel capacity by 50 million metric tons this year in efforts to tackle pollution and curb excess supply--Higher prices translates to...

Sundram Fasteners Q1 profit up by 19%555fastener
fastenerSundram Fasteners Limited is a part of the US $7.2 billion TVS Group, headquartered in Chennai, India. The Company has established a track record of leadership over 50 years.Sundram Fasteners Limited (SFL), part of the $...

Bulten gears up for $5 million fastener deal with ‘major vehicle manufacturer’531fastener
fastenerBulten has, through its joint venture Ram-Bul in USA, signed a contract to supply fasteners to an undisclosed major vehicle manufacturer.The annual order value is approx USD $5.5 million, with a delivery value of USD $5 ...

KYOCERA Has Acquired 100% Ownership of SENCO463fastener
fastenerAcquisition expands KYOCERA’s fastening tools business in residential, commercial, manufacturing and construction applications.Kyocera Corporation (NYSE:KYO)(TOKYO:6971) announced that it has acquired 100% ownershi...

New Standoff Fasteners Hold PCB Without Mating Screw or Hardware528fastener
fastenerNew PEM® SMTSSS™ ReelFast® SNAP-TOP® standoff fasteners from PennEngineering® hold printed circuit boards securely in assemblies without requiring mating screws or other loose threaded hardware to c...

Visitor Registration for 17th Fastener Trade Show Suzhou Now!1194fastener
fastenerShow Highlights*Large Scale12,000 sqm exhibition area at 2 exhibition halls, expected 400 exhibitors & 12,000 professional visitors.*International50% of the exhibitors are export-oriented companies, visitors cover ov...

Special Fastener Pavilion to debut at wire Southeast Asia 2017567fastener
fastenerwire Southeast Asia and Tube Southeast Asia 2017 returns to the Bangkok Trade & Exhibition Centre (BITEC), Bangkok, Thailand from 19 – 21 September with its 12th and 11th edition respectively. Held biennially, ...

Swiss Hatebur Develops Coldmatic CM725 7-station Forming Machine547fastener
fastenerHatebur developed the highly flexible "Coldmatic CM725" 7-station forming machine.It is designed to pursue super high precision and the highest level of productivity to satisfy the stringent requirement of auto...

China's electric-car boom charges up smaller Japan suppliers585fastener
fastenerThe fast-growing Chinese market for electric cars is creating new opportunities for small and midsize Japanese parts manufacturers that boast special expertise to address the unique technological challenges of those vehi...

Electronic manufacturing leads China's industrial upgrade546fastener
The electronic manufacturing sector led China's industrial upgrade in the first half of the year, expanding 13.9 percent year-on-year in terms of industrial output, official data showed Thursday.The growth rate was 7...

Anixter Q2 Fiscal Results Show A Modest Increase1120fastener
Electrical and wire products distributor Anixter International reported its 2017 second quarter fiscal results on Tuesday, led by a modest increase in total and organic sales that was powered its Utility Power Solutions ...

China railway investment up 1.9% in H1981fastener
China's railway investment increased in the first half year and national railway investment is expected to hit a new high in 2017, authorities said Wednesday.In H1, fixed asset investment on railways hit 312.5 billio...

South Africa ITAC urged to remove increased duty on stainless steel fasteners753fastener
fastenerCape Town-based fastener supplier Fastenright is appealing for the removal of the customs duty that was implemented on stainless steel fasteners on April 1. The duty was imposed as part of protection measures for the loc...

China set for further manufacturing upgrades757fastener
Once known as the "world's factory" for producing cheap goods, China is relentlessly moving into an advanced stage in manufacturing upgrades in a time when the real economy matters like never before.Two yea...

MW Industries Announces the Acquisition of Tri-Star Industries549fastener
fastenerMW Industries, announced on July 13 the acquisition of Tri-Star Industries, an industry-leading manufacturer of precision threaded inserts for plastics.Located in Berlin, Connecticut, Tri-Star was established in 1991. Th...

Go with CFDs to Find Opportunities in Japan—the 2nd Manufacturing World Nagoya Saw a Great Success726fastener
fastenerThe 2nd Manufacturing World Nagoya saw its grand opening on April 12-14, 2017 at Portmesse Nagoya, Japan. According to organizer, Reed Exhibition Japan Ltd., the exhibition attracted 1,020 exhibiting companies and 3...


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