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Industry News

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Despite rising costs, Taiwan's CSC cuts domestic steel prices1071fastener
China Steel Corp said it would continue to stabilize prices and bring flexibility for the industry to react to changing market conditions.China Steel Corp (CSC), Taiwan’s largest steel producer, recently cut domest...

Anixter International Inc. Names New Member to Board of Directors1002fastener
GLENVIEW, IL — Anixter International Inc. announced the appointment of Jamie Henikoff Moffitt to its board of directors.“We look forward to the in-depth knowledge and new perspectives that Jamie will bring to Anixter as ...

U.S., China Agree on Trade War Ceasefire After Trump, Xi Summit898fastener
fastenerBUENOS AIRES (Reuters) - China and the United States agreed to a ceasefire in their bitter trade war on Saturday after high-stakes talks in Argentina between U.S. President Donald Trump and Chinese President Xi Jinping, ...

Dongtai Huawei to Exhibit at Vietnam International Exhibition on Hardware & Hand Tools 20181480fastener
fastenerDongtai Huawei Standard Component Corporationsincerely invites you to visitVietnam International Exhibition on Hardware & Hand Tools 2018Date: 5-8 December, 2018Venue: Saigon Exhibition & Convention Center, Ho Ch...

Steel Prices Fall after Spiking to Record Highs1083fastener
fastenerTalk about a roller coaster. Chinese steel prices are falling this week after spiking to record highs last week as a series of curbs targeting speculative trading kick in.Starting Tuesday, one of China's biggest comm...

NORMA Group with strong organic sales growth in the first nine months of 20181110fastener
fastener--Sales increase by 7.0 percent to EUR 817.1 million--Strong organic growth of 9.7 percent--Adjusted EBITA margin at 16.0 percent--Group forecast for fiscal year 2018 confirmedMaintal, Germany, November 7, 2018 – N...

Lawson Products Expands in Canada1138fastener
Lawson Products, Inc. a distributor of products and services to the MRO marketplace, announced the opening of a new The Bolt Supply House branch in Vancouver, British Columbia resulting in presence in all four Western Ca...

China to ease tax burdens for private enterprises1134fastener
China will take solid steps to relieve the tax burdens for private enterprises to support better development of private businesses.The burden of taxes and fees on private enterprises will be further eased, according to a...

Wenzhou Fastener Industry Expects to Increase 5% 1153fastener
fastenerThe output value of Wenzhou fastener industry forecasts to increase 5% in the year of 2018 compared with that of last year, and the exports of the first eight months of the this year saw a growth of 36.89% year-on-year.A...

International Fastener Expo 2018 Expanded Conference Schedule Produces Top Attendee Experience1350fastener
fastenerThe 2018 International Fastener Expo (IFE) featured nearly 100,000 net sq.ft. of fastener, machinery, and tooling products and services and hosted 5,000 enthusiastic attendees, Oct. 30-Nov. 1, 2018, at the Mandalay Bay C...

indometal 2018 – continues to gain momentum as the gateway to global technologies for the metal & steel industries1146fastener
fastener• More than 6,700 visitors including key decision and policy makers and industry leaders from across Indonesia and the region visited the 3-day trade fair• 203 exhibiting companies from 22 countries brought wit...

BOSSARD GROUP BUYS 49% STAKE IN 3D-PROTOTYP, EXPANDS INTO 3D PRINTING INDUSTRY1143fastener
fastenerBossard Group, a Swiss fastener technology and logistics company, has acquired a 49% stake in 3d-prototyp, a 3D printing service provider in Switzerland. The logistics company intends to acquire 100% of shares in 3d-prot...

China's excavator sales grow 44.9% in October1138fastener
fastenerVarious kinds of forklifts and excavators of different sizes are on display at an exhibition in Longyan city in Southeast China's Fujian province. [Photo/Xinhua]Sales growth of China's major excavator producers p...

Korea Metal Week 2018 Ends with Positive Results1503fastener
fastenerKOREA METAL WEEK 2018, this leading tradeshow for the metal industry, was held at the KINTEX in Goyang City from October 30 to November 2, 2018, offering a broad range of solutions and innovative ideas for critical indus...

21st Manufacturing World Osaka: Breaking its records! - 1,233 Exhibitors & 38,673 Visitors 1170fastener
fastenerAsia's Leading Manufacturing Industry Show! "21st Manufacturing World Osaka" is Asia's leading trade show for manufacturing industry held at INTEX Osaka, Japan from October 3 - 5, 2018. The number of ex...

Global commercial aircraft market expects strong demand in next 20 years, report1024fastener
The globe will see strong demand for commercial aircraft, with more than 42,000 new aircraft being delivered in the next 20 years worth six trillion U.S. dollars, according to an annual report released Wednesday.The Comm...

Central bank governor promises stronger support for private sector1021fastener
China's central bank governor on Tuesday pledged an array of policies to widen financing channels for the private sector."There is a lot of water in the monetary 'pool' but we need to channel the funds t...

Iron and steel sector gains strength1093fastener
fastenerEmployees perform smelting operations at a steel plant in Maanshan, Anhui province. [Photo by Zhang Mingwei/For China Daily]China's iron and steel industry made a strong comeback in the first three quarters of 2018 a...

Caterpillar says tariffs increasing costs, stock tumbles1213fastener
fastenerIndustrial services powerhouse Caterpillar on October 23 saw its stock price dive 8 percent when it gave disappointing adjusted earnings guidance for 2018, blamed partly on tariffs imposed by President Trump.The company ...

YuYao No. 2 Standard Fastener/YuYao Biaoer: A Reliable Partner For Eyebolts1834fastener
fastenerEstablished in 1973, Yuyao No.2 Standard Fastener Factory has been committed to supplying eyebolts for over 15 years. As the pioneer and leader in making and exporting eyebolts in China, Yuyao No.2 Standard Fastener Fact...


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