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China's latest move on trade is a massive cut to car tariffs192fastener
fastenerChina will cut tariffs on most imported cars to 15 percent from July 1, the Finance Ministry said Tuesday. (AFP/Getty Images) China will cut the import duty on passenger cars to 15%, further opening a market that ha...

China's wider manufacturing opening up benefits world211fastener
fastenerAn employee works at the A320 family final assembly line of the Airbus factory in Tianjin.[Photo/Agencies]BEIJING - The constant widening of opening up in China's manufacturing sector will not only help domestic indu...

China's steel prices recover on rising demand207fastener
fastenerA worker tests the temperature of molten steel at a steel plant in Dalian, Liaoning province.[Photo by Liu Debin/for China Daily]Steel prices in China are showing signs of recovering as market demand picked up in April, ...

Sundram Fasteners Q4 standalone net up 8.62%285fastener
The city-based company had registered standalone net profits at Rs 87.66 crore during corresponding period of last year. For the financial year ending March 31, 2018, standalone profits surged 16.47 percent to Rs 367.47 ...

China's industrial output expands 7 pct, beating expectations255fastener
China's industrial output expanded 7 percent in April, increasing from the 6-percent rise in the previous month, official data showed Tuesday.The growth was higher than market expectations of around 6.4 percent for t...

Successful Inaugural Fastener Fair USA Closes, Attendance Exceeds Expectations384fastener
fastenerFollowing two successful days, the inaugural Fastener Fair USA, came to a triumphant close at the Huntington Convention Center in Cleveland, OH on April 12, 2018.China Fastener Info(CFI), as one of the media partners exh...

The 3rd Manufacturing World Nagoya Sees a Great Success318fastener
fastenerThe 3rd Manufacturing World Nagoya which was held on April 11-13, 2018 at Portmesse Nagoya, saw a great success. According to the organizer, the show attracted around 1,140 exhibitors and 35,361 professional visitor...

NORMA Group to acquire water management company in India354fastener
NORMA Group signed an agreement to acquire equity of Kimplas Piping Systems Limited on 6th April, 2018. Kimplas is a leading manufacturer in India of world class electrofusion (EF), and compression fittings valves, and p...

Large Customers Power Fastenal's Continued Strong Growth In April412fastener
fastenerFastenal reported its April 2018 sales results on Friday, showing that the Winona, MN-based distributor's considerable year-over-year (YoY) growth continued last month across the board — especially with its national ...

April's Fastener Distributor Index Posts Third-Straight Decline369fastener
fastenerR.W. Baird and FCH Sourcing Network released their monthly Fastener Distributor Index (FDI) for April on Monday, showing a notable decrease last month, and its third straight decline overall.The seasonally-adjusted April...

China's excavator makers see faster sales growth364fastener
fastenerSales by China's major excavator producers expanded faster in April, adding to evidence that economic activity remains strong.The country's 25 leading excavator makers sold 26,561 digging machines in April, up 84...

Vietnam's auto import falls in 4 months340fastener
Vietnam imported completely-built automobiles and components for assembly totaling nearly 1.2 billion U.S. dollars in the first four months of this year, falling 32.2 percent on-year.Specifically, the country imported ov...

MSC Acquires Fastener Distributor All Integrated Solutions For $86M318fastener
fastenerMRO and metalworking products and services distributor MSC Industrial Supply has announced its second acquisition in nine months, on Tuesday stating it has purchased All Integrated Solutions from private equity firm High...

Lower steel price weighs upon steel plants Q1 profit349fastener
fastenerA worker oversees production at a plant of HBIS Group Hansteel Co in Handan, North China's Hebei province. [Photo/Xinhua]Lower steel price has weighed upon steel sector's profit in the first quarter of this year,...

Dongtai Huawei Standard Component Corporation: Develop New Products, Target on Mid and High-End Markets396fastener
fastenerAdhering to the business philosophy of “responsibility,initiative and innovation” and the service commitment of “integrity based and quality first”, Dongtai Huawei Standard Component Corporation h...

China working on "substantial" cut in auto tariffs: official349fastener
China is working on what will be a "substantial" tariff reduction for imported cars, an official said Wednesday, as the country is making more efforts to boost imports and further open up domestic markets."...

Wuxi Anshida Hardware Co.,Ltd: Pursue Perfection with Persistence586fastener
fastenerEstablished in 1993, Wuxi Anshida Hardware Co.,Ltd. has become one of the leading rivet and rivet nut manufacturers in China, exporting products to over 30 countries and regions. Covering an area of 26,000 square meters,...

NORMA Group Buys Nashik-Based Water Management Firm KPSL445fastener
fastenerGermany’s NORMA Group SE, which manufactures machine joining components has planned to acquire Indian water management firm Kimplas Piping Systems Ltd for an undisclosed amount. The deal is expected to close by the...

EU extends anti-dumping duties on Chinese steel ropes, cables394fastener
The European Union has decided to extend anti-dumping duties on imports of Chinese steel ropes and cables for a further five years, according to the EU official journal published Friday.The anti-dumping duties of 60.4 pe...

2018 Taiwan International Fastener Show Successfully Opens588fastener
fastenerFrom L to R: Ms Zeng Chujun, General director of CFI; Ms Liang Ancheng, Consultant of CFI. The 5th Taiwan International Fastener Show (FASTENER TAIWAN) was unveiled at Kaohisung Exhibition Center on April 10-12, 201...


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