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  • The Third Seminar Organized by HKSFC Successfully Closed

    The Third Seminar Organized by HKSFC Successfully Closed

    By CFM| 2015-07-13 00:00:00

    On July 10, organized by Hong Kong Screw & Fastener Council, the third seminar on “designing advanced fastener dies” was closed with favorable results in Shenzhen City. It attracted near 85 enterprise representatives from fastener industry to attend this seminar. As the appointed media, CFM followed to report the whole event. Mr. Lin Zhiming, President of HKSFC introduced the goal and schedules of this seminar. Due to the harsh competition in fastener industry and higher requirement of relative fastener products, to design suitable dies for fasteners shall be one of the crucial sessions to produce high-end fasteners. Two specialists in fastener industry were invited to share with attendees their knowledge and experience. CEO of CPM Company, Dr. Gerhard Hermann Arfmann spoke on the topic of how to apply FEA to realize the advanced design of process and die. Another honored speaker is Mrs. Zhang Liping from Shanghai Chun Zu Machinery Industry Co., Ltd. who shared on the topic of the new destination to design extruding and cold-heading dies. Dr. Gerhard Hermann Arfmann from CPM Mrs. Zhang Liping from Shanghai Chun Zu Machinery Industry Co., Ltd. On site of the seminar, speakers and attendees interacted in harmony and enthusiastic atmosphere. CFM Journalist gained information about the next seminar. It was announced by HKSFC that the next edition would be on discussing the e-platings. Secretariat of HKSFC would publish details of the fourth seminar later.
  • 2015 Fastener Expo Shanghai Successfully Ended

    2015 Fastener Expo Shanghai Successfully Ended

    By CFM| 2015-07-01 00:00:00

         The 2015 Fastener Expo Shanghai is successfully ended today after its three-day exhibition with favorable results. Visitors and exhibitors both had joy and smiles Shanghai World Expo Exhibition & Convention Center.   Smiling visitor Smiling Exhibitor       “This is another successful fastener expo held here. You can see numerous visitors and exhibitors crowded in this center. Foreign purchasers are easily to see since we offer interpretation for 8 official languages so it is not necessary to worry about the communication problem.” said Mr. Yang Junfeng, CEO of the organizing company of the Fastener Expo Shanghai.      When interviewing the visitors and exhibitors onsite, most of them indicated their intent to attend the next edition of Fastener Expo Shanghai when some of the interviewees showed that they would take that into consideration. In this respect, should no one deny the success and bright future of Fastener Expo Shanghai. Eagle Metalware PPG Jieyang 66 Stainless Steel Fasteners Dongguan Demeng Hardware Products Zhejiang Sansega Wenzhou Fengding Haiyan Fujian      With a crown of World Factory, China is the main source of fasteners import for many nations. After launching the “One Road And One Belt” Strategy, China has cooperated with developed or developing countries for numerous projects, stimulating the demand of fasteners and thus the export. Regardless of the anti-dumping duties imposed on fasteners or relative stuffs by USA, Europe and other countries, the fastener export still shows a strong growing tendency.      But satisfaction will only bring the shadow of death, since the world is spinning fastener with its wings of technology. Heading to high-end manufacturing should be the destination of all enterprises in the line. To follow this trend, the organizer of 2015 Fastener Expo Shanghai, Shanghai Ebseek Exhibition Co., Ltd. cooperated with ChinaFastener.com to arrange a conference (2015 Global Fastener Industry CEO Summit) for fastener CEOs to better cope with their company’s future on June 26th, the second day of Fastener Expo Shanghai. Six experts in the field gave speeches on the topic of The Next Five Years, sharing their wisdom in different degree.      Shanghai Ebseek Exhibition Co., Ltd. has officially announced that the 2016 Fastener Expo Shanghai will be held in the same place during June 23th to June 25th. It is predicted that more fastener suppliers and purchasers will participate in this fair, bringing a large number of business opportunities.
  • 2nd Fastener CEO Summit: Build Our Future

    2nd Fastener CEO Summit: Build Our Future

    By CFM| 2015-06-27 00:00:00

    At 4 p.m. on June 26th, the 2015 Global Fastener Industry CEO Summit welcomed its grand openings in Honta Luxury Collection Hotel, Shanghai. By sharing experience and predictions,the 2nd Global Fastener Industry CEO Summit aims to help enterprises in global fastener industry to better see and build their future. Focusing on the topic of The Next Five Years, six influential experts from global fastener industry made speeches respectively. Below are the speakers and their speeches.                       Mr. Feng Jinyao, President of China Fastener Industry Association, CEO of SQB Automotive Fasteners Ltd. He presented a speech on the topic of “Made-in-China, 2025"-- Chance for China Fastener Industry. During his speech, he mentioned the current situation of China’s Fastener Industry and shared with each attendee his thoughts of the future of China’s Fastener Industry.                    Mr. Lee Youlong, CEO of Seoul Metal Co., Ltd, gave a speech on the topic of “The Next Five Years for Well-known Enterprise in Precision Electronic Screw Area”. Within the presentation, he mentioned the “Smart Factory” of his company, which surely recommended the high level technology for future fastener industry.                  Mr. Li Jiansheng, E-Coat Engineering Director AP of PPG Coatings (Tianjin) Co., Ltd. He showed a future destination of Fastener Industry in a humorous way. Within his speeches, he paid attention to the environmental protection in the line of the e-coatings for fasteners. The topic for his speech was “Guidelines for Fastener Surface Treatment under Strict Environmental Protection Policy.”                Mr. Anton Schwer, CEO of Schwer + Kopka GmbH in Germany. In the 2nd CEO Summit, his speech topic was Traditional Fastener Industry Heads for the Era of Intellectualization. Intellectualization takes a large part to decide how long a company can survive from the harsh condition.               Imported Equipments Help China Fastener Industry Enter High-end Manufacturing is the speechtopic of Mr. Tony Ge, CEO of WAFIOS Umformtechnik GmbH in Germany. WAFIOS is a company for various machines. Thus, the speech of Mr. Tony Ge introduced mainly the products of his company but also mentioned that advanced technology will help a company to keep its cutting edges across the world.              The last speaker of CEO Summit was Mr. Jun Xu, the CEO of Brighton Best International from United State. Hints Learned from BBI Next Five Years Development was what Mr. Jun XU shared with every attendee. In his presentation, he talked about the past five years of BBI, company’s core products and the possible future footprint for fastener industry.             It is officially recorded that there are around 200 attendees attending the 2nd CEO Summit. Mainly these attendees are CEOs from America, Brazil, Belgium, England, India, Italy, Korea, Mexico, Russia, Turkey, etc, besides the entrepreneurs from mainland China and Taiwan. Good reflections and suggestions are both received from the home and abroad attendees. Many of them expressed their intent to attend the next CEO Summit since they were benefited from the sharing and interacting. Some ardent attendees also gave suggestions to the arrangement and organization of CEO Summit. “I saw old friends and new faces both in the 2015 Global Fastener Industry CEO Summit. With positive reflections from the attendees, we believe the 3rd CEO Summit will be a better one.” said Mr. Yang Junfeng, CEO of www.chinafastener.com as well as the Special Host for the CEO Summit.
  • Custom Statistics of China Fastener Import & Export in February, 2015

    Custom Statistics of China Fastener Import & Export in February, 2015

    By CFM| 2015-04-28 10:59:07

    Based on the Customs Statistics of China Fastener Import & Export in February this year, the total import volume is 16,320,521 kg, whose total value reaches to 176,538,115 USD. Compared with the same period in last year, the total volume and total value decrease 19.7% and 17.8% respectively. In February 2014, the total import volume was 20,322,519 kg and the total value was 214,883,375 USD. The total export volume in February 2015 is 224,562,519 kg, 109% increased on the basis of that of last year. The total value reaches to 400,316,961 USD, increased 97%, compared with that of last year. It is easy to recognized that the total volume and value of export in February is higher than that of import in the same month. And the Additional Value of China Fasteners are much lower than that of overseas, while gap between the domestic and the abroad is widening.

Industry Activities

Raw Materials

By Steel First ,2015-04-24 13:35:53

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.

Exibition & Association News

By CFM ,2015-08-20 14:06:12

In the first half of 2015, influenced by the downward tendency of Main Engine Industry, the economy of General Machinery Components Industry was under the pressure of declining with a weak development trend overall. Based on the CMCA report, the total output value of General Machine Components Industry in the first half of the year was 166 Billion CNY, 1.2% increased comparing with the corresponding period in last year. The output of gear leveled off that of last year, while fasteners and springs in weak growth, and chains, connecting pieces, powder metallurgy in negative growth. In the first half, the import and export value totaled 15.2 Billion USD, down to 6.33% decreased over the same period of last year, which was the first sharp fall in recent years. Within which, the total import value reached to 8.68 Billion USD, 11.4% declined, while every section of the General Machinery Component Industry showed the declining trend in import. The import and export value of chain was 6.563 Billion USD, 11.48% down comparing with the previous period in last year. In H1, the fasteners import value was 1.50 Billion USD, 11.79% decreased over the same period of last year. It was worth mentioning that Japan, Germany, South Korea, Taiwan and America were the top five import sources. The import value totaled 6.54 Billion USD, only 0.74% up comparing with the corresponding period. The growth obviously declined comparing with the first quarter, as the export of gears, fasteners and chains inclined to decrease in the first half of the year. The total export value of gears from January to June was 2.81 Billion USD, 1.44% decreased over the same period of last year; the total export value of fasteners from January to June was 2.53 Billion USD, 4.04% increased over the same period of last year. America, Russia, Japan, South Korea and UAE were the top five export sources. The chains industry exported 0.79 Billion USD of products, down 1.49% comparing with that of the same period in last year, while China exported springs 0.18 Billion USD, 6.3% up; connecting pieces, 0.26 Billion USD, 3.35% decreased; and powder metallurgy, 0.04 billion, 13% declined. In the latter half of this year, the economic operation of general machine components industry is predicted to be less cheerful, although the China Government will carry out a series of adjustment measures to promote development.

Fastener News

By Amit Panday ,2015-08-11 16:30:47

150-year-old family-owned French supplier of non-threaded fasteners is optimistic about smart growth in India. Now, its Indian arm is looking to increase the value of fasteners per car, says Amit Panday. ARaymond Fasteners India, the local arm of the French supplier of fastener solutions to the automotive industry ARaymond Group, is eyeing a year-on-year growth of 40 percent for the next three-four years. The company, which saw slow growth in 2013, witnessed a good business year in 2014 and a turnover close to Rs 75 crore. ARaymond in India is working towards its targets for 2018. While it has a massive manufacturing setup in Chakan (near Pune), Manish Padharia, managing director, ARaymond Fasteners India, told Autocar Professional that “it is tailor-made for Indian requirements and its current production capacity will suffice till 2018 considering the incoming demand for its products.” “In terms of current available production capacity of the machines installed, we are utilising close to 60-65 percent of the total production capacity,” he added. The plant, built on the company-owned land of 7.5 acres, however, has huge scope for future expansion as the current construction covers only two acres. ARaymond supplies its fastener solutions to OEMs across the industry, with 75 percent of the total sales coming from passenger car OEMs. Commercial vehicles and two-wheelers contribute close to 10 and 15 percent respectively of the total yearly business. The company sizes the market to understand the demand for its products by evaluating the value of fasteners used in a car. In Europe, as senior officials of ARaymond Fasteners understand, a car uses an average value of 50 euros (Rs 3,822) worth of fasteners. In India, this is substantially low. Talking exclusively to Autocar Professional, Jean-Yves Renoux, vice-president, ARaymond Network, said: “We evaluate the value of fasteners per car to be 50 euro at an average in Europe. This shows that you have a lot of fastener applications in the car. This is the way we size the worldwide market. In India, this obviously is very different. But we are following the growth of the market, and we hope we do better than the growth of the market." "By 2018, we want to increase the value of fasteners per car. We want to capture the value proposition as much as we can,” added Padharia. NANO BEGINNING ARaymond’s first Indian project was the Tata Nano. While the company saw its inception in India in November 2007 and later its humble two-moulding machine-facility was inaugurated in October 2008 in Pimpri, Pune, it had its team regularly flying from Europe to participate in the development process of the Nano project back in 2006. According to Renoux, “At each customer presentation, we proudly say that we are present in all the cars – from Tata Nano to Maserati. The Nano is an extremely well-designed car and has a lot of scope in the market.” Later as the company commissioned the Chakan facility in 2011, the plant was built within a year as the operations were moved from Pimpri to Chakan in end-2012. Other than the plant, it has sales and customer support offices in Gurgaon (Delhi) and Chennai. ARaymond’s current clientele includes all big OEMs such as Maruti Suzuki, Tata Motors, Mahindra & Mahindra, Hyundai Motor India, Bajaj Auto, Royal Enfield, Hero MotoCorp and others. WHAT FASTENERS? Explaining the business of fasteners, Padharia said, “There are two types of fasteners – threaded (conventional) and non-threaded fasteners. We make non-threaded fasteners, which are clipping fasteners. These are a completely different commodity. We try to replace the heavy fasteners, which are the nuts, bolts and screws. So threaded fasteners can be replaced by the clipping fasteners by removing the many conventional fastener components. Clipping fasteners can be used without tools and that can save time and costs along the assembly line. For example, on a shirt, you can use a button or a hook or a clip or even a tape.” While the clipping fasteners are pricier than conventional fasteners, cost stands as one major concern while drawing up viable solutions for the low-cost markets. Voicing his concern, Renoux states that “cost is a universal concern. However, it is a big stress here in India for sure. This is a booming low-cost market. Our customers expect very low pricing and stay competitive.” With increasingly shorter product development timelines, Renoux feels that it becomes difficult to create cost-optimised solutions. However, Padharia believes the company can bring a number of cost effective solutions to the table when it is involved early in a project. “I think when we are involved in a project from the very initial stages; we have the capabilities of bringing many cost- specific advantages with our customised solutions. While in other markets such as North America and Europe, the fastener companies are involved with the OEMs from the initial stages of project developments, in India this practice is now catching up. In those markets, we work as complete partners to the OEMs,” he highlighted. ENGINE OF GROWTH Bullish on India and appreciative of the Modi government, Renoux added that, “The government’s encouragement for manufacturing here is a very good step. It complements our growth plans. I come here two-three times every year and I can see the change. India in our network is a very important market. Our organisation has a very collaborative approach. Manish is a member of the executive committee of the whole group. So we meet every quarter. All the decisions are made by this executive committee and hence India is a part of the decision making for the worldwide operations.” Having invested close to Rs 85-90 crore in India so far and with production capacity to last a few years, the company management already has its expansion plans in the foresight. The vice-president added that “to support the market growth in the long run, we have to expand our operations in India, extend our footprints here and hire more people. We are also thinking about another manufacturing footprint in India. However, this will fall into consideration in the time to come. This plant (Chakan) is 60 percent occupied. And with the speed of growth, we may have to think differently to accommodate our customers’ orders.” Padharia, on the other hand, said the company has plans to increase its current headcount of close to 120 people to 250 by 2018. “We plan to develop an advanced engineering team in India for future projects catering to the local needs,” he concluded.

By Hilti ,2015-08-07 11:37:33

A total of six new Hilti products received honors in the Red Dot Award: Product Design 2015 competition. A Hilti rotating laser was also named “Best of the Best” in its category. This year some 4928 submissions from 56 countries were made to the Red Dot Award’s product design category. The international jury, consisting of 38 design professionals from 25 countries, handed out a total of 81 Red Dot: Best of the Best honors last night at the official awards ceremony in Essen, Germany.  One of these awards was given to the Hilti PR 30-HVS rotating laser, which was the winner in the “Tools” category. The jury’s evaluations noted that: “The rotating laser impresses the user with a well-proportioned and compact design. It features an intuitive operating system and is very versatile. Perfectly developed details, such as the hard rubber handles and an exceptionally solid housing, protect the tool even under the harshest conditions.” Among other criteria, the jury evaluated the product in terms of degree of innovation, functionality, formal quality, ergonomics and ecological compatibility. The PR 30-HVS is the third Hilti product in three years to receive a Red Dot Award “Best of the Best” accolade. Hilti’s Chief Designer, Stephan Niehaus, is very pleased that the jury noted one of the tool’s innovative details. “The handles are a complex structure and include both hard and soft components that bend and buckle upon impact, ensuring that the tool’s highly sensitive measuring elements are protected even when subjected to significant impact. This helps minimize tool downtime or repairs and represents a true customer benefit.”    Additional Red Dot Awards were given to a Hilti breaker, a cordless drill driver, a cordless impact wrench, a powder-actuated fastening tool and a setting tool that drills a hole and sets a metal anchor in a single step. 

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