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U.S. automakers see great opportunities in China756fastener
U.S. automakers saw great opportunities in Chinese market as the trade issue between China and the United States appears to be moving into a new, calmer phase, automotive executives have told Xinhua.The good news is that...

Fastenal Reports Revenue on the Upswing813fastener
Fastenal released its 2018 fourth quarter and annual earning report last week, showing strong growth as the fiscal year closed. According to the report, fourth quarter net sales increased 13.2 percent year to year. The g...

Malaysia's largest event dedicated to metalworking and machine tools METALTECH to be held from 15-18 May 2019678fastener
fastenerEvent: METALTECH 2019Co-Locating: AUTOMEXDate: 15-18 May 2019Venue: Malaysia International Trade and Exhibition Centre (MITEC) | Kuala Lumpur MalaysiaMETALTECH is "the event" for the machine tool, metalworking ...

Cutting Tool Numbers Up 13.2 Percent Over Prior Year in November Report706fastener
fastenerThe most recent Cutting Tool Market Report shows a drop from the prior month, but overall numbers remain comfortably strong in a year to year comparison.The report, prepared jointly by the U.S. Cutting Tool Institute (US...

WüRTH GROUP CONTINUES DOWN THE ROAD TO SUCCESS IN 2018835fastener
fastener--Sales grow by 7.1 percent to new redord level of EUR 13.6 billion - an increase of 8.6 percent in local currency--Share of e-business confirms success of multi-channel sales modelAccording to the preliminary annual fin...

China's heavy equipment sales maintain double-digit growth648fastener
fastenerThe booth of Xuzhou Construction Machinery Group at the Bauma China International Trade Fair in Shanghai. [Photo by Wan Chengpeng/For China Daily]BEIJING - Sales of major heavy equipment including digging machines and lo...

Fastener Distributor Index Slips for Second Straight Month694fastener
fastenerThe Fastener Distributor Index saw a straight straight month of slippage in December, according to the new report from the National Fastener Distributors Association (NFDA) and FCH Sourcing Network. The FDI was down to 5...

Steel sector to remain resilient in 2019, says expert682fastener
fastenerA technician checks rails at a steel plant in Handan, Hebei province. [Photo by Hao Qunying / For China Daily]Steel demand will remain stable in 2019 backed by increased infrastructure investment, amid lingering worries ...

Taiwan’s Hand Tools Export is Expected to Reach New High721fastener
Taiwan hand tool industry is export-oriented and around 70% of its hand tool production is for export. In 2017 its export once climbed to USD 3.758 billion (the highest record since 2003) due to economic recovery and inc...

Bossard Reports “Another Year of Record Results”733fastener
fastenerThe Bossard Group posted again record results for the 2018 financial year. Sales rose by 10.8 percent to CHF 871.1 million compared to 2017. All market regions contributed to this significant growth. In the fourth quarte...

German manufacturing industry hit by weak euro zone trade786fastener
Price-adjusted new orders in November 2018 for Germany's manufacturing industry have decreased 1.0 percent on the previous month, the Federal Statistical Office (Destatis) announced on Monday.New orders from the euro...

U.S Steel Importers Raise Concerns About Unpredictable Tariff Enforcement951fastener
As the one year anniversary of Trump administration tariffs on foreign steel approaches, some sectors of the U.S. steel industry are raising concerns about inconsistent enforcement of the policy, The Wall Street Journal ...

PMI falls below the 50 mark808fastener
fastenerA technician works on the production line of a machinery company in Luannan county, Hebei province. [Photo/Xinhua]Caixin/Markit manufacturing index slump hints at downward pressureA major private manufacturing Purchasing...

China's high-speed railway length to top 30,000 km in 2019672fastener
fastenerChina plans to build 3,200 km of new high-speed railways in 2019, with the total length expected to exceed 30,000 km, the country's top railway operator said Wednesday.The 3,000-plus km of high-speed railways are par...

China Fastener Info wish you a Happy New Year!984fastener
fastener2019 is coming. Here, China Fastener Info wish you a Happy New Year!Your support is the greatest gift we can receive. We are grateful for each and every one of you.Thank you and best wishes to all of you!www.chinaFastene...

Taiwan’s Small Screw Exports Reaches New High952fastener
fastenerIn the first nine months of 2018, Taiwan exported over 160,000 tons of self-tapping screws to the world, up 10.87% from the same period of last year.The export volume of wood screws was also up 11.78% from the same perio...

China to speed up development of advanced manufacturing849fastener
The Ministry of Industry and Information Technology (MIIT) said Thursday that China would accelerate developing advanced manufacturing and strengthen its innovation and competitiveness.Miao Wei, minister of the MIIT, sai...

China to launch larger-scale tax cuts next year721fastener
China will reduce taxes and fees on a larger scale next year, according to the country's finance minister.Inclusive and structural tax cuts will be implemented in 2019, with priority on easing the burden on manufactu...

China’s Fastener Exports Increase in First 10 Months805fastener
According to the latest fastener import & export data from China’s Customs, in the first 10 months of 2018 China exported 2.7 million tons of steel and copper standard fasteners (total value: approx. US$5.4 bil...

Taiwan Fastener Exports Hit New High Record 937fastener
fastenerTaiwan’s fastener export value in the first 11 months of 2018 reached a new high at over US$4.4 billion.According to the statistics of Taiwan Industrial Fasteners Institute (TIFI), Taiwan exported 131,354 tons of f...


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