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Industry News

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China Targets 7 Million EV Sales Annually By 2025, More Global Offerings561fastener
fastenerChina is expecting that overall car sales will increase from 28 million in 2016 to some 35 million by 2025, and of those, every fifth car sold is to be a plug-in vehicle (or “New Energy Vehicle” as it is know...

Novaria Group buys Space-Lok687fastener
Novaria Group has acquired aerospace industry leader Space-Lok, Inc., which will now fall under Novaria Fastening Systems, the company?s collection of aerospace fastener suppliers to aerospace manufacturers across the co...

Analysts: Wait and see on RMB685fastener
Index provider MSCI's saying yes to China's A-share market might help boost the yuan's exchange rate in the short run, but market expectations in the long run depend on the country's economic fundamentals...

NanoSteel Introduces Tool Steel Material for Powder Bed Fusion 3D Printing676fastener
PROVIDENCE, R.I.–(BUSINESS WIRE)–NanoSteel, the leader in nanostructured steel materials,today announced the launch of its first product for the laser powder bed fusion additive manufacturing process. BLDRmet...

New patented tool prevents dropped fasteners784fastener
June 15, 2017 - There are more than 50,000 OSHA recordable incidents involving "struck by falling object" every year in the United States, according to the Bureau of Labor Statistics. That's one injury caused by a dr...

Global Fastener Demand Projected to Grow 3% in 2017, According to Freedonia Industry Expert930fastener
Global industrial fastener demand will grow 3% in 2017, a Freedonia Group researcher told the Fastener Industry Summit.Ken Long, Freedonia’s manager of capital goods research, revealed Asia is the“star”...

U.S. to Release Steel-Import Findings as Soon as This Week828fastener
President Donald Trump’s administration will as soon as this week release results of its investigation into the impact of steel imports on U.S. national security, White House spokesman Sean Spicer said.Commerce Secretary...

Printed titanium parts expected to save millions in Boeing Dreamliner costs813fastener
Boeing Co hired Norsk Titanium AS to print the first structural titanium parts for its 787 Dreamliner, a shift that the Norwegian 3-D printing company said would eventually shave $2 million to $3 million off the cost of ...

Manufacturing Expo 2017: Gear Up Industrial Capacity towards Success1002fastener
fastenerWe are living in an age of another industrial revolution—industrial 4.0—where advanced manufacturing techniques are closely linked with information technology, data, and analytics. This has encouraged manufac...

China, US, Germany and India to lead recovery in global steel market820fastener
Global steel industry is shaping up comparatively better than what it was at the beginning of the year. The first four months saw the crude steel production at 550.8 MT, growing at 5.2% over last year with China, US, Ger...

Comeback of the American Fastener?1107fastener
Once upon a time, the United States dominated the fastener industry. If you opened up a copy of ASSEMBLY magazine 50 years ago, you’d find pages of ads touting American-made fasteners in all sorts of shapes and siz...

UK Hafren Fasteners Rolls out New PowerSIX Security Screw1185fastener
PowerSIX is a versatile tamper resistant self-threading security screw. Ideal for all types of fencing applications, the tri-Lobular self-threading screw eliminates the need for nuts, reducing labour costs & installa...

Aerospace fasteners market expected to worth 7.73 billion USD by 2021 according to new research report937fastener
The aerospace fasteners market is projected to grow from USD 5.49 Billion in 2016 to USD 7.73 Billion by 2021, at a CAGR of 7.08% between 2016 and 2021. Factors influencing the growth of aerospace fasteners market includ...

Bossard China Moves to New Location1123fastener
On April 25, 2017, Bossard moved its main Chinese operational unit from the Wai Gao Qiao Free Trade Zone to the Xin Zhuang Industrial Zone in Shanghai.The move provides Bossard with 16,000 m² of space. The 5,000 m&s...

Evaluation and Policy Options on Overcapacity Reduction of the Steel, Iron and Coal Industries(No.35, 2017)1002fastener
Abstract: Since 2016, the government has adopted relevant measures to cut overcapacity and suspended the operation of some enterprises and these measures have effectively restricted the production of crude steel and raw ...

Thermal Zinc Diffusion Now Protects Fasteners Against Corrosion1123fastener
fastenerEngineers at Spirol International Corp., Danielson, Conn., are now applying an anti-corrosion process called thermal diffused zinc to the company’s fasteners. The process was invented and patented by a British meta...

Experts Call for Steel Capacity Cut1117fastener
China's steelmakers should avoid expanding production capacity continually, setting the scene for a subsequent decline in price in the second quarter, with excessive inventories, experts have warned.The sector's ...

China's Foreign Trade Expected to Continue Upward Trend: Report783fastener
BEIJING - China's imports and exports are likely to continue their upward trend this year but pressure will remain due to external uncertainties, a report said Thursday.Foreign trade will be in a better position than...

China's Steel Plants Face Renewed Stock Pressure856fastener
China's steel plants face renewed stock pressureXinhua | Updated: 2017-05-02 17:24BEIJING — Chinese steel plants are seeing growing output but falling orders, renewing concerns of excess inventories, an industrial in...

China's Steel Industry Urged to Continue Downsizing1071fastener
BEIJING — A senior figure in the Chinese steel industry has called for further cuts to steel capacity, saying the sector remains saturated, despite increased profits and production of steel mills in the first quarter."Th...


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