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Industry News

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TitleviewsTime
China's Fastener Imports & Exports during Jan.-Dec. 20161293fastener
fastenerAccording to the statistics from the Chinese customs, China's fastener exports reached 2,748,697 tons with the value of 4,540,332,451 U.S. dollars during January to December of 2016. The top five fastener export dest...

China urges US to correct unfair anti-dumping duties on steel products1071fastener
fastenerBEIJING -- China urged the United States to correct its unfair decision to impose high anti-dumping and countervailing duties on imports of Chinese stainless steel sheet and strip, according to a statement released Satur...

Renminbi internationalization to continue, despite setbacks936fastener
fastenerRenminbi internationalization is set to continue, despite a temporary decline in the Chinese currency's payment value in 2016, according to the latest renminbi tracker released on Thursday by the Society for Worldwid...

EJOT acquires Finnish company Sormat1264fastener
fastenerEJOT is expanding its activities in the Building Fasteners divisionIn the course of a strategic expansion the EJOT Group has taken over Sormat, a company based in Finland. With this step EJOT is expanding its activities ...

China's industrial output expands 6% in 20161042fastener
fastenerBEIJING - China's industrial output expanded 6 percent year-on-year in 2016, thanks largely to strong performance in the high-tech industry, official data showed Friday.The growth rate was the same as in the first th...

NORMA Group Acquires Portuguese Metal Clamp Manufacturer Lifial1342fastener
MAINTAL, Germany--(BUSINESS WIRE)--NORMA Group, a global market leader in engineered joining technology, acquired Lifial – Indústria Metalúrgica de Águeda, Lda. (“Lifial”) on Januar...

microGLEIT Technology: A German Professional Lubrication Solution Provider2598fastener
fastenermicroGLEIT® Technology, a German professional lubrication solution provider, well known for its reliable quality product and seamless services.For water based lubricant, from choosing acidic and alkaline type, custom...

China's trade surplus down 9.1% in 20161009fastener
BEIJING - China's foreign trade stabilized and returned to growth in the fourth quarter last year, with total foreign trade value up 3.8 percent in the three-month period, data from the General Administration of Cust...

Würth Group reports a sales volume of EUR 11.8 billion in 20161449fastener
fastener• Würth Group reports sales growth of 7.1 percent – 7.9 percent in local currencies• Clear increase in operating result: 14.3 percent gain to EUR 600 million• Expansion of online sales activitie...

FCH Sourcing Network Releases American Fastener Distributor Index for December 20161201fastener
fastenerKey Takeaway:December’s seasonally adjusted FDI of 51.6 increased slightly from November’s 50.6 reading and remained in expansionary territory. Results for 2016 overall were mixed with half of the monthly rea...

Bossard Group reports sales for entire year and fourth quarter of 20161242fastener
fastenerNew sales record – growth strategy pays offThe Bossard Group’s growth strategy continues to pay off. Sales rose by 5.9 percent to CHF 695.0 million in fiscal year 2016. The positive trend was most striking in the fourth ...

Grainger Reports November 2016 Sales Results1053fastener
fastenerCHICAGO, Dec. 13, 2016 /PRNewswire/ -- Grainger (NYSE: GWW) on December 13 reported sales results for the month of November 2016. Company daily sales were down 3 percent in November of 2016 versus November of 2015, drive...

RMB has better conditions to remain relatively stable: CFETS975fastener
fastenerBEIJING - Chinese currency is in better shape to remain basically at equilibrium while improving the flexibility of exchange rates, supported by improved growth quality and deepening reforms, according to the China Forei...

European Commission Announces Expiry of Anti-dumping Measures on Certain Stainless Steel Fasteners and Parts from PRC, Philippines and Taiwan1116fastener
fastenerFurther to the publication of a notice of impending expiry following which no duly substantiated request for a review was lodged, the European Commission on January 7, 2017 gave notice that the anti-dumping measures on c...

Global Aerospace Fasteners Market to Grow at A CAGR of 6.86% During 2017-2021.1000fastener
fastenerWiseGuyReports.Com has recently published a new market research report on – "Aerospace Fasteners Market by Manufacturers,Types,Regions and Applications Research Report Forecast to 2021".The analysts forec...

Six key areas to watch on China's economy 2017928fastener
BEIJING - The Chinese economy has adapted to its "new normal" in 2016 amid rising concerns on GDP growth, supply-side structural reform, monetary policy, renminbi, and more. With the new year approaching, how w...

Chinese steel companies out of the red in Jan-Nov 2016832fastener
BEIJING - China's large and medium-sized steel mills reported profits of 33.15 billion yuan (about $4.77 billion) in the first eleven months of 2016, according to the latest report of the China Iron and Steel Associa...

PMI levels 2nd highest of year despite drop847fastener
China's purchasing managers index for both manufacturing and nonmanufacturing sectors in December were the second-highest monthly levels in 2016, despite dropping slightly compared with the previous month.Both remain...

China’s Fastener Imports & Exports during Jan.-Nov. 20161231fastener
fastenerAccording to the statistics from the Chinese customs, China’s fastener exports reached 2,503,072.55 tons with the value of 4,122,317,422 U.S. dollars during January to November of 2016. The top five fastener export...

Stanley B&D Sells Mechanical Security Business For $725M1266fastener
Diversified industrial manufacturer Stanley Black & Decker has entered into a definitive agreement to sell the majority of its Mechanical Security businesses to Switzerland-based Dormakaba AG, a maker of door hardwar...


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