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Industry News

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Manufacturing data indicates recovery835fastener
fastenerA technician works on the production line of a machinery company in Luannan county, Hebei province. [Photo/Xinhua]Rise in PMI shows growth policy has started to take effect, analysts sayActivity in China's manufactur...

China will continue to suspend extra tariffs on US vehicles, auto parts844fastener
fastenerThe State Council said on Sunday that China would continue to suspend additional tariffs on US vehicles and auto parts after April 1, in a goodwill gesture following a US decision to delay tariff hikes on Chinese imports...

Haining R-Best: Focus on Quality, Be the Best Rivet Nut Supplier2287fastener
fastenerIf water is the source of life, then quality is the life of a company. In the manufacturing world, quality of products is even more important as the failure of one small screw can cause disastrous accidents.For this reas...

U.S. Department Of Commerce Initiates Antidumping Duty and Countervailing Duty Investigations of Imports of Carbon and Alloy Steel Threaded Rod from China, India, Taiwan, and Thailand868fastener
fastenerOn March 15, 2019, the U.S. Department of Commerce announced the initiation of new antidumping duty (AD) and countervailing duty (CVD) investigations to determine if carbon and alloy steel threaded rod from China, India,...

Sundram Fasteners Q4 Profit up 21%864fastener
Sundram Fasteners, part of the TVS Group, reported net standalone profit fro the quarter ending 31st December 2018 (its third quarter) increased 21.3% to 1.1 billion rupees. Third quarter sales were 10.2 billion rupees, ...

Japanese Automotive Fastener and Parts Maker Piolax Moves Production Due to BREXIT Woes1597fastener
Piolax, an automotive fastener and parts maker from Japan, is remapping is production in response to BREXIT, moving the production of automotive parts (which are sold to the U.S.) from the Dongguang (China) plant to the ...

The Latest CFD 2019 Distributed in Fastener Fair Stuttgart1053fastener
fastenerOn 19th -21st March 2019, the Fastener Fair Stuttgart 2019 opened. The leading international trade show for the fastener and fixing community took place in halls 1, 3 and 5 at the exhibition grounds in Stuttgart, Germany...

WIN EURASIA Makes Turkey Become the Hub of International Trade981fastener
fastener14th-17th March 2019, Istanbul – organized by the world’s exhibition giant; Deutsche Messe’s subsidiary Hannover Fairs Turkey “WIN EURASIA” once again showed its power with enormous interest...

The 30th Manufacturing World Japan Concludes with Great Success!900fastener
fastenerThe 30th Manufacutring World Japan opened on February 6-8, 2019 at Tokyo Big Sight. The show concluded with great success and attracted 1,530 exhibitors and 66,049 visitors.  China Fastener Info (CFI) as one of...

Reed Exhibitions closes acquisition of Mack Brooks Exhibitions802fastener
fastener(18 Feb 2019) Reed Exhibitions, a division of RELX, has completed its acquisition of Mack Brooks Exhibitions.Mack Brooks' flagship brands include EuroBLECH (sheet metal working technology); inter airport (airport inf...

China Export Tax Rebates for Fasteners Increased to 10%957fastener
fastenerSince November 1, 2018, China has expanded and optimized export tax rebates to lower costs for businesses and encourage trade.Increased export tax rebates will help lower costs for Chinabased exporters, many of whom have...

Italian experts boost Zhejiang manufacturing841fastener
Ruian, a major manufacturing hub for leather shoes and auto parts in Wenzhou, Zhejiang province, is bringing in skilled engineers from Italy to help drive its products into the world market.The city created a China-Italy...

Bossard Confirms Record Sales for 2018889fastener
fastenerRecord results – profitable growth strategy pays offThe Bossard Group continues on its growth track: ongoing increase in performance led to record highs in sales as well as EBIT and net income. EBIT rose by 12.1 pe...

U.S. Cutting Tool Consumption Up 13.4 Percent in January789fastener
fastenerJanuary 2019 U.S. cutting tool consumption totaled $208.27 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies ...

CFD 2019 is Now Available! Get it FREE!1026fastener
fastenerChina Fastener Info plans to participate in the following international fastener and related exhibitions in the first half of 2019.Visit our booth and get the latest China Fastener Directory FREE onsite!Download FREE! Cl...

Taiwan's CSC to increase prices of most steel products in Q2976fastener
China Steel Corp (CSC, Taiwan’s biggest steelmaker, on March 8 announced that next quarter it would raise domestic prices for most steel products to reflect rising raw material costs.It would hike the prices for be...

Factory activity remains mostly robust in Feb859fastener
fastenerEmployees work on the production line of a BAIC vehicle factory in Cangzhou, Hebei province. The automobile industry is considered key to Cangzhou's development. [Photo/Xinhua]Domestic demand improves on policy measu...

U.S. ITC Launches Antidumping and Countervailing Duty Investigations Against Carbon and Alloy Steel Rod from China, India, Taiwan and Thailand1033fastener
fastenerAccording to the announcement of U.S. International Trade Commission (ITC) on February 21st, 2019, it has launched antidumping and countervailing duty investigations against carbon and alloy steel threaded rod originatin...

ITAC Announces Final Results on Imported Hexagon Screws979fastener
fastenerRecently, the ITAC announced the final results on imported other screws fully threaded with hexagon heads made of steel under HS code 73181539, with the tariff rate of

China remains single largest market for products of German electrical industry in 2018:ZVEI1086fastener
fastenerAn employee operates the working system in Infineon's smart factory in Dresden, Germany. [Photo provided to China Daily]China remained the single largest market for products of the German electrical industry in 2018,...

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