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Shanghai Prime Machinery’s 2019 Mid-term Profits Drop 38%157fastener
fastenerShanghai Prime Machinery Company Limited reported 6-month profits attributable to shareholders at RMB 114.7 million ended on June 30 this year, down 38.4% and therefore there would be no dividend payout.In the first half...

Plastic Fasteners Market To Reach USD 7.52 Billion By 2026177fastener
The Increase in investments in residential and non-residential construction sectors, growth in electronic industries, and growth in automotive industry are the significant factors that are expected to propel the growth o...

Chun Yu Reports 8.01% Drop in August Revenue Due to US-China Trade War175fastener
fastenerInfluenced by US-China trade war, the consolidated revenue of Taiwanese leading fastener manufacturer, Chun Yu, was recorded at NTD 0.791 billion in August, down 8.01% from the same period last year. However, as some Tai...

Osaka University Develops a Precise Pickup System for Screws and Parts184fastener
fastenerProfessor Harada Kensuke from Osaka University developed a system for robots to accurately determine pickup locations in each operation. When the robot picks up a part, the camera measures the actual pickup location and ...

China's excavator sales rise in August165fastener
Sales of China's major excavator producers continued to increase in August, data from an industry association showed.The country's 25 leading excavator makers sold a total of 13,843 excavators last month, up 19.5...

Vietnam's auto sales rise 19.5 pct in 8 months264fastener
Vietnam's total automobile sales expanded 19.5 percent on-year to 202,567 units between January and August, the Vietnam Automobile Manufacturers Association said on Thursday.Specifically, sales of passenger cars grew...

Taiwan’s Fastener Export in H1 2019 Declines in Volume267fastener
In the first half of 2019, Taiwan exported 8.03 million tons of fasteners to the world, down 3.18% from the same period last year. The average price per KG reached US$ 2.89 (+0.73%). In June, Taiwan’s fastener expo...

Sales on passenger vehicles decline by 31.57 pct in August in India229fastener
The passenger vehicles sales in India were down by 31.57 percent in August as compared to the same month last year, according to the data released by the Society of Indian Automobile Manufacturers (SIAM) on Monday.The au...

China's passenger car sales drop in August231fastener
China's passenger car sales continued to shrink in August, data from an industrial association showed Monday.The retail sales of passenger vehicles reached 1.564 million units last month, down 9.9 percent year on yea...

Chinese steel companies to fight pollution244fastener
fastener[Photo/VCG]China's leading steel producers vowed on Saturday in Beijing to raise energy efficiency and cut emissions through technology in a bid to battle pollution.The companies include China Baowu Steel Group Corp ...

Rising raw material costs eat into Chinese steel makers' profits327fastener
Chinese steel plants reported shrinking profits in the first seven months of this year as rising raw material prices hit.Member enterprises of the China Iron and Steel Association (CISA) raked in 2.43 trillion yuan (abou...

S. Korea's auto sale falls 2.9 pct in August288fastener
South Korea's automobile sale fell last month on weak demand both at home and abroad, industry data showed Monday.The number of cars sold and made by five domestic automakers, including Hyundai, Kia, Ssangyong, GM Ko...

China's auto sales expected to rebound, consumption to improve273fastener
China's auto sales, topping estimates in July despite a slowdown, are expected to rebound for the rest of 2019, as producers seek to improve consumption demand.In July, the retail sales of auto businesses above desig...

U.S. manufacturing sector contracts for first time in 3 years256fastener
U.S. manufacturing activities contracted for the first time in three years in August, data released Tuesday by the Institute for Supply Management (ISM) showed.According to the latest Manufacturing ISM Report on Business...

Japanese car sale in S.Korea tumbles 56.9 pct in August268fastener
Japanese car sale in South Korea posted a double-digit fall last month amid the ongoing campaign to boycott Japanese products, caused by the trade spat between Seoul and Tokyo, industry data showed Wednesday.The number o...

Smartphone sales see decline worldwide297fastener
A visitor touches Huawei's smartphone at a promotional event in Tokyo, Japan, May 21, 2019. [Photo/IC]Global smartphone sales decreased 1.7 percent year-on-year in the second quarter of this year to 368 million units...

IFE 2019 Fastener Professional Award Winners Announced 315fastener
LAS VEGAS, NV - August 28, 2019 - International Fastener Expo (IFE) has announced the recipients of the 2019 Hall of Fame and Young Fastener Professional of the Year Awards, which annually honor professionals who have ma...

China retaliates with tariffs on $75 billion of US goods285fastener
The US-China trade war ratcheted up yet again on Friday, with Beijing unveiling a new round of retaliatory tariffs on about $75 billion worth of US goods.China will place additional tariffs of 5% or 10% on US imports sta...

U.S. manufacturing sector contracts for first time in nearly a decade: IHS Markit294fastener
U.S. manufacturing purchasing managers index (PMI) dropped to 49.9 in August, flashing a sign of contraction for the first time since September 2009, estimates released Thursday by HIS Markit showed.The August figure was...

Bossard buys aerospace distribution business324fastener
fastenerThe Bossard Group announced it is significantly expanding its presence in the aerospace industry by acquiring the Boysen distribution business of the German AQUAERO Group.The business will continue to operate under the B...


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