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  • The Second Global Fastener Industry CEO Summit Will Be Held in Shanghai in June, 2015

    The Second Global Fastener Industry CEO Summit Will Be Held in Shanghai in June, 2015

    By CFM| 2015-04-21 00:00:00

    What will happen in next five years? None can predict it. Perhaps Jack Ma will not rank first in the Top Searches and another Jack Ma will rise. No one knows. But it is undeniable that almost all walks of life are embracing the mobile internet nowadays, trying to grab chances for development. So does the fastener industry. Organized by www.chinafastener.com, the Second Global Fastener Industry CEO Summit will be held in Shanghai Hongta Hotel in the afternoon of June 26th, 2015,with the topic of “The Next Five Years”. Held every two years, the aim of Global Fastener Industry CEO Summit is to promote global fastener industry communication and development as it provides a highest platform for global fastener experts to share their successful experience and to enhance business relationship. “We will invite about 200 representatives from about 10 countries and areas who are leaders in fastener enterprises, fastener associations and relative fastener organizations. There will be about 5 honored guests invited to make a 15-minute to 20-minute speech respectively,” mentioned by Yang Junfeng, CEO of www.chinafastener.com.  Agenda of Global Fastener Industry CEO Summit: Time               Agenda Remarks 16:00-16:30 Sign in 16:30-18:45 Theme speech/ High-end dialogue Five experts from global fastener industry will make speeches or conduct face-to-face communication 18:45-19:00 Free Communication Discussing the development perspective of international fasteners industry 19:00-21:00 Welcome dinner of 2015 Global Fastener Industry CEO Summit Happy and relaxed moment, to recognize important distributors, industrial association, and the person in charge of fastener suppliers   Attractions: A) Industrial leaders: CEO Summit invites honored guest speakers from global. There will be nearly 200 attendees from global famous fastener enterprises, magazines & industrial associations, and the famous industrial media will follow up to report; B)  Distinct Theme: The honored guest speakers will make speeches on the topic of Next Five-Year for global fastener industry, sharing their wisdoms, from which you can learn more about how to find the development opportunities of fastener industry in the next five years; C)  International scale: Invite oversea fastener experts, covering Asia, Europe, Africa, America, and Oceania; provide five-star hotels & first-class conference equipments; offer welcome dinner; supply simultaneous interpretation with multiple languages; make meeting materials & honored guest list; D)  Valuable schedule: You can visit the largest fastener exhibition in Asia—Fastener Expo Shanghai (25-27, June, 2015) Any interest in attending CEO Summit, Please contact us at service@chinafastener.com or ella@chinafastener.com.  Tel: 86-20-66885155. For more information, please visit: http://ceo.chinafastener.com/nd2/index_en.html                                                 Source: www.chinafastener.com  
  • The 117th Session of China Import and Export Fair Was Declared Open

    The 117th Session of China Import and Export Fair Was Declared Open

    By CFM| 2015-04-17 00:00:00

    On April 15th, the 117th session of China Import and Export Fair (Canton Fair) was declared open in Pazhou International Exhibition Center, Guangzhou. This fair offers 60,228 exhibition booths for totally 24,713 enterprises from home and abroad while the total exhibition space covers 1.18 million m2. Introduced by the organizers, it is predicted that the number of purchasers participating in this fair will decrease slightly and the volume of transaction will fluctuate between the normal range, due to the complicated foreign trade situation this year. And this fair is the first session of fair after the Guangdong Free Trade Zone was permitted by China Government, thus, there will be a special exhibition area to absorb foreign investment, for sake of supporting the Guangdong Free Trade Zone Conference. The Hardware & Tool Exhibition is arranged in the first phase of the fair, dated from April 15th to April 19th, mainly in the exhibition halls of No. 14.3, No.15.3 and No.16.3. It is reported by journalists from www.chinafastener.com (luosi.com) that the number of fastener enterprises participating this year is about 50, leveling off that of before. In this fair, regular participators all appear, such as Shanghai MinMetals, Ningbo Ningli High-Strength Fastener Co., Ltd., Ningbo Xingyi Fasteners Co., Ltd., Wuxi Anshida Hardware Co., Ltd., Zhejiang Sansega Industrial Co., Ltd., Handan Ruiqiang Fasteners Manufacturing Co., Ltd., Jiangsu Huasheng Fastener Manufacture Co., Ltd., Qifeng Precision Industry Sci-Tech Corp., and Dongtai City Huawei Standard Component Company Ltd.. Ningbo Ningli Company and Shanghai MinMetals use special large booths to attract foreign purchasers. Staff from other companies try to attract purchasers by taking the first step, hoping to get large orders this year too. During the interview, our journalists discovered that many participators held great interest in the 2015 Shanghai Fastener Expo organized by www.chinafastener.com (luosi.com). They as well spoke highly on the China Fastener Magazine and the Industrial Directory of Chinese Fastener. The recognition and support from clients motivate the whole team of www.chinafastener.com to do better.
  • ChinaFastener Magazine 17th Edition Debuts on Fastener Fair Stuttgart

    ChinaFastener Magazine 17th Edition Debuts on Fastener Fair Stuttgart

    By Iris & Plumeria| 2015-03-12 00:00:00

    Fastener Fair Stuttgart was grandly opened at 9:30 on Mar.3rd , 2015 in The Stuttgart International Exhibition Center. Editor Iris from ChinaFastener.com witnessed it at the exhibition and brought us the first-hand information of the fair. (CFM Stand: Hall8, S140) As the top fastener fair of the world, Fastener Fair Stuttgart successfully invited so many industrial experts and visitors to the big show to communicated, shared information and make a win-win corporation to each other. It is said by Iris that, there are 821 exhibitors from 42 countries and regions attended to the fair this year. Exhibiting area reached to 18,000Sqms, by the increase rate of 12%. 3/4 of the exhibitors are from other countries outside Germany, which are mainly from Italy, United Kingdom, Turkey, Netherlands, Spain, Poland, France, and most Asian countries and regions like Mainland China, Taiwan, India and South Korea. Most of the Chinese exhibitors are mainly in Hall 8. Many famous enterprises were busy at showing high quality product and enterprise culture in the fair. Wish all of them all the best. Special Rivets Corp.(SRC) Ningbo Xingyi Fasteners Saite Machinery Jiaxing Chinafar Standard Parts Wenzhou Kaixu Jiangsu Washen Jiaxing Port Lixin Shanghai Fast-Fix Rivet Corp. Ningbo ABC Hengfeng Rivet Ningbo Jingle Corp Shanghai Rivet Manufacture(RET) Jiashan Ziheng Factory Yuyao Mingfeng Qifeng Precision Industry Haiyan Hongmao Haiyan Fujian Fastener Haiyan Zhaofeng Fasteners Shanghai Jingyang Fastener Fair Stuttgart is such a meaningful exhibition that so many fastener industrial buyers, visitors and suppliers gathered to this show. Many Chinese exhibitors came to Fastener Fair Stuttgart because of its popularity. According to the series of interviews, Iris noticed that, by the influenced of European economy affection and the anti-dumping of European to China, most of the Chinese supplier said that, though the European market is obviously smaller than before, they can’t stop their steps to make development of Europe. What’s more, many European buyers hope the problem of anti-dumping will be solve as soon as possible, and so that to establish long-term corporative relations with Chinese fastener suppliers.
  • Luosi.com celebrates its 10th Anniversary with 400 fastener CEOs

    Luosi.com celebrates its 10th Anniversary with 400 fastener CEOs

    By CFM| 2014-12-02 00:00:00

    On the very first day of Fastener Expo Guangzhou 2014, www.luosi.com held a big celebration of its 10th  anniversary on 24th Nov. with experts and leaders from more than 400 Chinese fastener companies and fastener associations. The fifth Chinese Fastener Summit was held at the same day. Many big names in industry attended the summit in the afternoon. The celebration was divided into three sections. In the afternoon of 24th Nov., a summit of fastener elites was held. The appreciation dinner came after in the evening. A special psychological lecture about wealth and restrictive concept was scheduled in the afternoon on 25th . The summit begun at 15:00 in the afternoon with the speech of Mr. Feng Jingyao, Chairman of China Fastener Industry Association on the topic of the current situation of China fastener industry. He emphasized that the older generation of entrepreneur should pay more attention on innovation rather than their rest glory since the relative trade advantage of China is becoming less and less distinct.  Then an professional expert in internet industry, Mr. Xiong Youjun, shared his idea about the application of internet in the traditional industry. His ideas about how to utilize the new media and website for company promotion had enlightened many CEOs. Then, Mr. Chen Huayin, the CEO of Suzhou Fast Hardware Co,. Ltd, shared his experience on how to realize fastener e-business. As a professional fastener manufacturer, the online sales value of Suzhou Fast Hardware reaches about 100,000 million each year. Further on, a high-level fastener industry dialogue which was hosted by Mr. Yang Junfeng, the CEO of www.luosi.com. He invited four guests to debate on the topic of how should fastener companies make the most of internet and how to solve various kinds of problems in the Dinner started in a pleasant atmosphere at 18:00. An amazing sand artist performed sand animation to showcase the ten years’ development course of www.luosi.com, during which we also reviewed the foundation of ChinaFastener Magazine and www.chinafastener.com. It was founded in 2004. After ten years of devoted work , is now the official website of China Fastener Institute and the leading media in China’s fastener industry. www.luosi.com is the Chinese web and the international version is www.chinafastener.com. It also publish professional fastener guide books every year. Luosi Industry is the Chinese one and ChinaFastener Magazine is a Chinese-English bilingual one. Later, the enthusiastic dance performed by ten beautiful female staff of www.luosi.com stirred up the whole party. And the president of www.luosi.com, Wang Yanbo,  together with three programmer and English editor of www.chinafastener.com, presented a inspiring song. What carried on was the link of lucky drawing and the evening ended in joyful mood. Most of the attendees expressed their appreciation towards the event by providing chance for them to communicate with each other. In the end, Mr. Feng Jingyao and the management unveiled a precious plaque which was given by a 98 year old eminent monk. It expressed the good wish that www.luosi.com to build century brand. Almost all the attended guests packed on the stage and had a big group photo. Happiness and satisfaction was so easily found on everybody’s face. process.

Industry Activities

By CFM ,2015-04-03 00:00:00

On March 9th, led by Mr. Feng Jinyao—chairman of China Fastener Industry Association (CFIA), the China fastener industry delegation paid a 15-day visit to Europe which was mainly to Germany, Italy and UK. The representatives of this delegation included Mr. Shen Jiahua, chairman of Zhejiang Province Fastener Industry Association, Mr. Wu Jinyao, chairman of Wenzhou Fastener Industry Association, Mr. Xu Pengfei, vice-chairman of Ningbo Fastener Industry Association, and Ella Leung, project manager of China Fastener Magazine. March 11th, at 9 a.m.in Germany, the Chinese delegation and the delegation of European Industrial Fastener Institute (EIFI) held a formal meeting in the form of seminar in Wyndham Stuttgart Airport Messe, widely exchanging opinions of the current situations about the China fastener industry and the European. Two parties also openly discussed the sunset review case of anti-dumping duties on China’s fasteners imposed by EU and reached an agreement.                          There are nine representatives of EIFI delegation presented in this meeting, including Mr. Anders Karlsson and Mr. Beyer who is the chairman and secretary of EIFI respectively, the chairman of DSV, UPIVBE and ASEI, etc.                          Chairman Anders Karlsson first made a speech, extending welcome to the Chinese delegation, and introduced the situation of European fastener industry—the annual production of fasteners in Europe reaches an amount of 2 million tons from about 400 fastener-manufacturing enterprises with a total number of 50 thousand employees in this field.                           Later, Chairman Feng briefly introduced the basic situation regarding the Chinese fastener industry. According to customs statistics in China in 2014, the Chinese export fasteners to European reached about 700 million US dollars, of which, less than 100 million USD are belong to the five involving t categories of fasteners, while China imports fasteners from Europe come to about 1.1 billion USD, mainly high strength fasteners. The average import price of fasteners per ton was more than 10 thousand USD, while the average export price of fasteners per ton was 1,836 USD.                         Evidently, the damage to the EU's fastener industry is relevant to the import of China's fasteners and is actually related to internal structure of EU's industries. In addition, we should clearly know that fasteners exported from China to EU are middle and low-end products so that there are no threats to high-end fastener industry in EU. Confrontation will bring no benefits to each other. Instead, China and the EU should complement with each other, creating mutual benefits and benign development. It was agreed by most representatives of EIFI delegation that the prices of raw materials and equipments from China fastener industry was transparent but the labor cost is increasing, which narrows the gap between China and the EU countries. Thus, the anti-dumping issue should comply with this trend and be resolved. However, the Italian representative insisted his stand of imposing the anti-dumping duties. Therefore, Chairman Feng expressed his expectation that the manufacturers and traders of the European fasteners can unite as one, and jointly devote efforts to clearing up the misunderstanding and misjudgments. Confrontation with no communication is useless. When it is the time of sunset review, it is better to comply with the trend to clear up all obstacles, to advance mutual communication and mutual trust, and to cancel the anti-dumping duties on China’s fasteners, for sake of bringing the Sino-European fastener industry back to the right track and boosting the cooperation and mutual development. On the conference, Mr. Feng proposed to establish a communicating and working group as soon as possible, of which the group crews would be drafted by EIFI and CFIA respectively, to deal with the case regarding anti-dumping duties on China's Fasteners imposed by EU. A communicating platform for two associations and a communication mechanism are necessary to set up for annual activities and regular contact, which will help to advance the communication and friendship. Also, a working platform and a mutual negotiation mechanism are needed to establish for the inter-discussion among the group crews with a goal of win-win and joint development. Hence, by means of regular practical discussion and communication among the group members from two sides, it helps to strengthen the understanding, eliminate the misunderstanding, and form a mode of trade for mutual benefits that each party can accept, thus to promote the mutual cooperation and common development. At the end of this meeting, Chairman Feng formally invited all members of EIFI to hold the first Working Group Meeting when presenting and participating in the 2015 Fastener Expo Shanghai in June. The purpose is to deeply understand the real situation of China fastener industry, eliminate all obstacles and strengthen the communication and mutual trust. At this formal meeting which lasted 3 hours, two parties reached an agreement while EIFI also positively expressed its opinions and concerns, and earnestly recorded the statistics and opinions from the Chinese side for a further survey after their return. According to another reliable source, WTO will issue the final adjudication on the sunset review case regarding the anti-dumping duties on China's fasteners imposed by EU at the end of May. Insiders of China and Europe analyzed that there would still be a huge possibility for EU to continue imposing a 5-year anti-dumping duties on China's Certain Iron or Steel but with a lower duty rate. Mr. Feng said that there would be a further discussion with EU and also the Chinese Government, and meanwhile drawn together the Chinese enterprises to strive for the best interest for China fastener industry. PS: this article is originally created by China Fastener Magazine; please indicate the source when reproduced.

By USITC ,2015-03-04 00:00:00

The U.S. International Trade Commission (USITC or Commission) has voted to expedite its five-year (“sunset”) reviews concerning the antidumping duty orders on prestressed concrete steel wire strand from Brazil, India, Korea, Mexico, and Thailand, and the antidumping finding on prestressed concrete steel wire strand from Japan, as well as the countervailing duty order on prestressed concrete steel wire strand from India (Inv. Nos. 701-TA-432 and 731-TA-1024-1028 (Second Review) and AA1921-188 (Fourth Review)). As a result of these votes, the Commission will conduct expedited reviews to determine whether revocation of these orders and this finding would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable time. The Uruguay Round Agreements Act requires the Department of Commerce to revoke an antidumping or countervailing duty order, or terminate a suspension agreement, after five years unless the Department of Commerce and the USITC determine that revoking the order or terminating the suspension agreement would be likely to lead to continuation or recurrence of dumping or subsidies (Commerce) and of material injury (USITC) within a reasonably foreseeable time. The Commission’s notice of institution in five-year reviews requests that interested parties file with the Commission responses that discuss the likely effects of revoking the order under review and provide other pertinent information.  Generally within 95 days from institution, the Commission will determine whether the responses it has received reflect an adequate or inadequate level of interest in a full review.  If responses to the USITC's notice of institution are adequate, or if other circumstances warrant a full review, the Commission conducts a full review, which includes a public hearing and issuance of questionnaires. The Commission generally does not hold a hearing or conduct further investigative activities in expedited reviews.  Commissioners base their injury determinations in expedited reviews on the facts available, including the Commission’s prior injury and review determinations, responses received to its notice of institution, data collected by staff in connection with the reviews, and information provided by the Department of Commerce. All six Commissioners concluded that the domestic group response for these reviews was adequate and the respondent group responses were inadequate and voted for expedited reviews. A record of the Commission’s votes on these matters is available from the Office of the Secretary, U.S. International Trade Commission, 500 E Street SW, Washington, DC  20436.  Requests may be made by telephone by calling 202-205-1802. The record of the Commission’s votes is also posted on the USITC’s Internet site at http://pubapps2.usitc.gov/sunset/caseProf/list?sort=caseTitle&order=asc.  From this page, search “prestressed concrete steel wire strand” using the search box in the upper right corner. The Federal Register notice will indicate whether any further information or statements will be available.  Only parties that filed adequate responses and filed timely notices of appearance are eligible to participate further in these reviews.  The Commission will issue a report after it completes its reviews.

Raw Materials

By CFM ,2015-04-22 15:22:36

In September and October 2013, President of People’s Republic of China, Mr. Xi Jinping presented the strategic conceptions of building “The New Silk Way Economic Belt” and “The 21st Century Maritime Silk Road” respectively. Later these two conceptions are referred as One Belt And One Road (OBAOR). It’s worth mentioning that the Belt connects China with Central Asia, Mid-East, Southeast Europe and Western Europe, while the Road connects countries in East Asia, Southeast Asia, South Asia Sub-continent, Arabian Peninsula, and North Africa, etc. In the aspect of High Speed Railway Construction: In the Executive Meeting of State Council which was chaired by Prime Minister Li Keqiang , it was decided that the railway construction should quicken its steps. Based on this instruction, China Railway Corporation has raised its construction goal this year, within which the fix-assets investment will raise from 700 Billion CNY to 720 Billion CNY. In 2015, there will be 12 high speed railways putting into construction. Total running mileage will reach to 8,887 miles in two years. The development of high speed rail construction will bring higher demand of railway fasteners. In the aspect of Wind Power Industry: In February this year, National Energy Bureau has released the monitoring results of Wind Power Industry in 2014. Based on the statistics, the newly increased capacity of the whole year has achieved 19.81 million KW, which hit a new record. It is estimated that the scale of wind power will grow dramatically in the areas of North China, Northeast China, and Northwest China after promoting wind power industry in Mid-east China and Southern China. The development of wind power industry also bring opportunity to fastener industry. In the aspect of Nuclear Power Industrial Chain: It is clearly pointed out in the Action Plan of Energy Development Strategy in 2014-2020 that by 2020, the total nuclear power capacity should reach 58 million KW, while there will be over 30 million KW nuclear power under construction. However, by 2014, the operating units and the units under construction are less than 50 million KW. Still there is a huge space for growth. With the plan of restarting nuclear power, there will be a peak time for input and output in nuclear power industry. With advantages of high technology and high cost-effective ratio, nuclear power has become the major driving force for China’s “Walking out” Strategy. A analyzer told that most of countries, whose nuclear power generating capacity takes less than 6% of the whole generating capacity are developing countries around One Belt and One Road. The export of nuclear power will welcome its spring day under this circumstance. OBAOR brings positive influence to the development of China’s western area and coastal area. Great changes can be seen in the field of Infrastructure Construction, Transportation Industry and Trade & Services. All these changes also lay profound foundation for the development of fastener Industry.

By Reuters ,2015-03-09 10:21:19

According to two sources familiar with a European Commission proposal, the European Union will impose anti dumping duties later this month on imports of stainless steel cold rolled sheet from China and Taiwan.   The EC plans to set tariffs of about 25% for imports from China and of about 12% for Taiwanese product, following a complaint lodged in May 2014 by the European steel producers association, Eurofer.   The EC will present its proposal to EU member states next week and by March 26 will put in place the duties, which are provisional pending the outcome of an investigation due to end in September.   Eurofer said that China and Taiwan shipped EUR 620 million worth of cold rolled stainless steel into the EU in 2013, some 17% of the overall market, and were guilty of dumping, or selling at unfairly low prices. A parallel investigation into alleged illegal subsidies for Chinese producers is also due to end in September.   Europe's largest stainless steel producers are Acerinox, Outokumpu and Aperam. Chinese and Taiwanese producers include Shanxi Taigang Stainless Steel Company, Baosteel and Yusco.   The EC, prompted by Eurofer, is also investigating alleged dumping of grain-oriented flat-rolled electrical steel, typically used in transformers, by producers in China, South Korea, Japan, Russia and the US.   Eurofer is also seeking to prolong existing duties on Chinese imports of wire rod. Despite a lower euro and a slow pick up of European demand, European producers were still confronted with a massive increase of imports from Asia, and from China in particular.   Eurofer said that total Chinese steel exports rose to a historic peak of 93 million tonnes in 2014 equivalent to 60 per cent of total EU steel consumption. Chinese steel exports to the EU increased to 4.5 million tonnes last year from 1.2 million tonnes in 2009.   Eurofer believed the large expansion of China's steel industry does not reflect cost advantages but is based on state-owned enterprises raising capital on preferential terms, as well as other forms of subsidy. China's exports include not just basic products, such as hot rolled steel but also high end coated sheets.

Company News

By CFM ,2015-04-17 16:55:47

On April 15th, subordinate of CSR Corporation Limited, Zhuzhou CSR Times Electric Co., Ltd acquired Specialist Machine Developments Limited(SMD) by 0.13 billion GBP (around 1.2 billion CNY). CSR hereafter holds 100% stock shares of SMD. “We have increased our overseas investment and acquisition in recent years. By far, our overseas property has reached a total value of 11.5 billion CNY with over 5,000 foreign employees working for us. The acquisition of SMD is another milestone on the road of our internationalization.” said Mr. Liu Hualong, President of CSR. Mr. Liu also indicated that the program—One Belt And One Road (OBAOR) brings new challenges and chances for advanced equipment manufacturing enterprises like CSR. In the future, CSR plans to be a leader not only in the field of Rail Transport Equipments, but also in the field of Ocean Engineering Equipments. He said that with this acquisition, CSR holds confidence to advance their technology in Ocean Engineering. SMD is the second largest global supplier for deep sea robots and advanced manufacturer for submarine engineering machinery. The company takes a half of the global market in supplying submarine self-propelled ditching machinery and cable-laying machinery, while it is also the supreme supplier for submarine mining machinery. SMD produces equipments for over 30 countries and areas. “This acquisition is a crucial step to implement of our Ocean Engineering Equipment Industrial Strategy. Later it will grow into the second largest industrial part and bring us new source of economic growth.” said Mr. Ding Rongjun, President of CSR that took charge of this acquisition. Mr. Ding also indicated that they will turn SMD into its headquarter base for its global deep sea equipment industrial cluster. SMD will take charge of the overall technology arrangement, market management and other daily operation. This branch is responsible for introducing the deep sea robots into Chinese ocean market and gradually into other application areas such as nuclear power, tidal power, and at last establishing an industrialization base for Chinese robot equipments.

By CFM ,2015-04-16 00:00:00

April 10th, 2015 in America, AVIC (China Aviation Industry) announced its acquisition of Align Aerospace, which was the main global supplier of aviation standard parts. This acquisition is another important overseas acquisition after merging FACC (Future Advanced Composite Components) in Austria, Cirrus in USA, and Continental Motors in USA. Align Aerospace was the fourth largest global integrate supplier for standard parts, who as well has the qualified supplier certification to offer standard parts for Boeing, Airbus S.A.S, Bombardier, PIA, GE, and Honeywell, etc. In 2004, the sales revenue of Align reached to 0.2 billion USD, within which there were 20 million profit before tax. An insider analyzed that this acquisition can on hand improve the domestic production level of standard parts, in order to comply with the international level, and on the other hand, can partly solve the problems occurred in the process of airworthiness certification. “Indeed, there are no supplier for aviation standard parts in China. To acquire Align can help to extend to the supply of standard parts in aviation field, which might bring the benefit of offering the strategic guarantee for not only supply, but also engine production, plane maintenance, etc.” said a director of AVIC. Based on the introduction from AVIC, another reason for this acquisition is to achieve its aim of sale revenue. AVIC plans to gain 0.1billion CNY revenue by 2020. With this acquisition, the company can accomplish its task ASAP. Another manager of AVIC said that, the integrate supply of standard parts has been one of the crucial segment of manufacturing chain in Aviation Industry. With the development of aviation internationally and domestically, the market demand on standard parts increased rapidly. Therefore, the global procurement, supplying chain integration and design optimization form the crucial base for participating in the international market competition.

Exibition & Association News

By Bilbao Exhibition Centre ,2015-04-21 11:18:46

Close to 350 exhibitors from 25 countries have confirmed their participation in the event, scheduled for May 26-29 Over 90% of the floor-space available at FERROFORMA has already been taken, with 350 exhibitors from 25 countries having confirmed their participation in the event.  The registration of foreign firms is already greater than in 2013, with firms from Germany, Denmark, Slovenia, France, Hungary, India, Ireland, Portugal, the UK, Russia, Sweden and Turkey, among other countries. The new strategic format of the event and the upturn in the economy and in industrial output have provided a firm foundation for the reactivation of trade. With the reinforcement that this context gives, the campaign to attract visitors to FERROFORMA is also garnering good results.  Hardware distributors and industrial suppliers from 29 countries have confirmed their attendance, including representatives of Colombia, Mexico and Peru in Latin America, Germany, Austria, France, Portugal, the UK and Switzerland in Europe, Arab countries such as Algeria, Egypt, Jordan, Morocco and also the USA and Canada.  The commercial team are also concluding deals for the attendance of purchasers from firms in a further 21 countries.  On the domestic front the main groups of purchasers, cooperatives and DIY superstores will all be attending FERROFORMA, having cooperated actively on promotional campaigns in recent months:  ADEFEC XXI, ADFB, AFM, ASEMACO, ASIDE, BIGMAT, BRICOGROUP, BRICOKING, BRICOMART, BRICORAMA, CECOFERSA, COANFE, COFEDAS, COFERDROZA, COINFER, COMAFE,COARCO, FEASGA, FERBRIC, FERRISERVI, GREMI DE COMERCIANTS DE FERRETERIA DE CATALUNYA, GRUPO CERRAJERO, GRUPO GCI, GRUPO GESIN, LAS RIAS, LEROY MERLIN, NCC, NEXO 05, PROFER, PYMETAL, QF+, SYNERGAS, UCAF, UCES and UNIFERSA. B2B MEETINGS AT THE HEART OF THE PROGRAMME For the first time, FERROFORMA is to offer a programme of private B2B meetings between exhibitors and foreign purchasers and VIP visitors. The B2B format has proved highly profitable and effective, thanks to painstaking preliminary work carried out in compiling and cross-referencing data, inviting major purchasers and selectively programming meetings.  These meetings are scheduled to tale place in Hall 1 on the mornings of May 26-28. At the draft programme stage the seminars planned include “The future of sales” (concerned with digital marketing), “Best practices in e-commerce”, a presentation on “Safety in explosive environments and cases of falling objects and tools” plus “Locksmith’s day”.  FERROFORMA participants may also attend the seminars on Additive Manufacturing organised at the Subcontratación trade-show, which will analyse issues such as the development of large-scale components and the presentation of technologies in this field. There will also be a Special Areas section for demonstrations and live activities in the Home area, where the exhibitors will have mock-ups of a garden, a bathroom, a bedroom and a kitchen. The Inventors’ Club will also once again be showing off the latest innovations in hardware and DIY in a showroom where they will be seeking partners with whom to launch their products on the market. In 2013 this gave rise to some interesting results.   Finally, FERROFORMA has once again convened its Innovation & Design Contest to find the most innovative product in the categories of hardware, DIY and industrial supplies, and the best exhibitor.  The deadline for registration as candidates is April 19.  SYNERGIES BETWEEN SECTORS: A KEY DISTINGUISHING FEATURE The fact that FERROFORMA is to be held concurrently with four more trade shows devoted to industrial products, technologies and services creates synergies between sectors that are one of its key distinguishing features.  The sum of FERROFORMA, SUBCONTRATACIÓN, PUMPS&VALVES, MAINTENANCE and FITMAQ will create new opportunities at many levels and will enable participants to contact new customers, identify needs in new markets and interact with leading players in the world of industry.  The presence of trade-level product users from major industries - one of the key strategic factors at FERROFORMA for this year – is guaranteed: the firms that have already confirmed that they will be sending representatives to the event include Acciona Agua, Air Liquide, Alstom, Babcock Wanson, Bahía de Bizkaia Gas y Electricidad, Bosch Rexroth, Bridgestone Hispania, BSH Electrodomésticos, Cie Automotive, Degremont, Enagas, Fagor Arrasate, Ferrovial Servicios, Gas Natural Fenosa, Gestamp, Iberdrola, Idom, ITP, Lloyd's Register, Nervacero, Nissan, Nuclenor Renault, Petronor, Praxair, RENFE Fabricación y Mantenimiento, Repsol, Sandvik, Sener, Siemens, Tamoin, Tubacex and Tubos Reunidos at the Pumps&Valves and Maintenance events. For its part the list of leading firms signed up for the Subcontratación fair includes ABB, Acerinox, AciturriMetallicParts, ADIF - Administrador de Infraestructuras Ferroviarias, Aena, Aernnova Aerospace, Airbus, Arcelor Mittal, Astilleros Balenciaga, Astilleros Zamakona, Bimbo, Bombardier Transportation Spain, CAF - Construcciones y Auxiliar de Ferrocarriles, Danobat, S.Coop., Fagor, FCC, Gamesa, Gerdau Europa, Grifols, Grupo TTT, Hipermercados E.Leclerc, Indra, Ingeteam, Mercedes-Benz España-Daimler Chrysler, Metro Bilbao, Michelín, Navantia-Sistemas, Ona Electro Erosión, Patentes Talgo, Petróleos del Norte, PSA Peugeot Citroen – Research & Advanced Engineering, Smac Aerospace, Valeo Powertrain Electrical Systems and Zodiac Aerotechnic Aircraft Systems. The exhibitors at these events are sure to be of interest also to those taking part in FERROFORMA.  The main company profiles include subcontracting firms, workshops and SMEs working in machining, moulds, workpiece processing, casting and surface treatment, all of which are users of the products on show at FERROFORMA.  Dept. of Communication, 20.04.15

By CFM ,2015-04-21 00:00:00

What will happen in next five years? None can predict it. Perhaps Jack Ma will not rank first in the Top Searches and another Jack Ma will rise. No one knows. But it is undeniable that almost all walks of life are embracing the mobile internet nowadays, trying to grab chances for development. So does the fastener industry. Organized by www.chinafastener.com, the Second Global Fastener Industry CEO Summit will be held in Shanghai Hongta Hotel in the afternoon of June 26th, 2015,with the topic of “The Next Five Years”. Held every two years, the aim of Global Fastener Industry CEO Summit is to promote global fastener industry communication and development as it provides a highest platform for global fastener experts to share their successful experience and to enhance business relationship. “We will invite about 200 representatives from about 10 countries and areas who are leaders in fastener enterprises, fastener associations and relative fastener organizations. There will be about 5 honored guests invited to make a 15-minute to 20-minute speech respectively,” mentioned by Yang Junfeng, CEO of www.chinafastener.com.  Agenda of Global Fastener Industry CEO Summit: Time               Agenda Remarks 16:00-16:30 Sign in 16:30-18:45 Theme speech/ High-end dialogue Five experts from global fastener industry will make speeches or conduct face-to-face communication 18:45-19:00 Free Communication Discussing the development perspective of international fasteners industry 19:00-21:00 Welcome dinner of 2015 Global Fastener Industry CEO Summit Happy and relaxed moment, to recognize important distributors, industrial association, and the person in charge of fastener suppliers   Attractions: A) Industrial leaders: CEO Summit invites honored guest speakers from global. There will be nearly 200 attendees from global famous fastener enterprises, magazines & industrial associations, and the famous industrial media will follow up to report; B)  Distinct Theme: The honored guest speakers will make speeches on the topic of Next Five-Year for global fastener industry, sharing their wisdoms, from which you can learn more about how to find the development opportunities of fastener industry in the next five years; C)  International scale: Invite oversea fastener experts, covering Asia, Europe, Africa, America, and Oceania; provide five-star hotels & first-class conference equipments; offer welcome dinner; supply simultaneous interpretation with multiple languages; make meeting materials & honored guest list; D)  Valuable schedule: You can visit the largest fastener exhibition in Asia—Fastener Expo Shanghai (25-27, June, 2015) Any interest in attending CEO Summit, Please contact us at service@chinafastener.com or ella@chinafastener.com.  Tel: 86-20-66885155. For more information, please visit: http://ceo.chinafastener.com/nd2/index_en.html                                                 Source: www.chinafastener.com  

Fastener News

By Miles Moore ,2014-11-17 11:28:58

TOLEDO, Ohio—Hitachi Metals Ltd., a Tokyo-based auto parts manufacturer, has agreed to plead guilty and pay a $1.25 million fine for its alleged role in a conspiracy to fix prices and rig bids for automotive brake hose. The U.S. Justice Department Antitrust Division filed a one-count felony charge and settlement agreement against Hitachi on Oct. 31 in the U.S. District Court for the Northern District of Ohio in Toledo. According to the document, Hitachi and its co-conspirators fixed the prices of brake hose sold to Toyota Motor Corp. and Toyota’s subsidiaries, affiliates and suppliers. Hitachi’s involvement in the conspiracy lasted from at least November 2005 until at least September 2009, according to the Justice Department. In addition to pleading guilty and paying the fine, Hitachi also agreed to cooperate fully with Justice Department investigators in their ongoing probe of price fixing among auto parts manufacturers, the agency said. The settlement agreement is subject to court approval. With Hitachi’s guilty plea, 30 auto parts manufacturers have pleaded guilty or agreed to plead guilty in the Antitrust Division’s price fixing investigation, the largest in the history of the agency. Those companies have agreed to pay a total of nearly $2.4 billion in fines. Forty-four executives of those companies have also been charged individually for their alleged roles in the conspiracy. The Antitrust Division and the Federal Bureau of Investigation continue to seek information on price fixing, bid rigging and other illegal, anticompetitive practices in the auto parts industry. Anyone with information on this matter should contact the Antitrust Division’s Citizen Complaint Center at 888-647-3258 or at this website. They may also contact the FBI’s Cleveland field office at 216-522-1400.

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