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  • 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.
  • 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.

Industry Activities

By CFM ,2015-05-25 00:00:00

Twin Ocean Railway Planed To Build 3000 Kilometers On May 22th, it was said in Lima by Premier of China, Mr. Li Keqiang and President of Peru, Mr. Umara that Brazil, Peru and China decided to co-work on the feasibilities research of Twin Ocean Railway Construction Project, and accelerate the schedule of tripartite-jointed working group. Premier Li indicated that endeavor would be paid to achieve substantial progress and accelerated the industrialization and urbanization of Latin America when protecting the environment and biodiversity. It is realized that this visitation also gave support to the China-invested enterprises in Peru. Duties of each party will be in line with the obligation stipulation signed by three parties in November, 2014. China Railway Eryuan Engineering Group Co., Ltd will take charge of working on the feasibilities research of Twin Ocean Railway Construction Project. Based on the latest statistics, this Twin Ocean Railway will be totally about 5,000 kilometers long, within which the 2,000-kilometer-long railway was built before and the left 3,000 kilometers will to be built. It is said that the total budget of this project will reach to 60 Billion USD. In order to reduce the time and cost of shipping construction materials from Asia, an international open bid will be introduced for the Twin Ocean Railway Construction Project, confirmed by the three parties. The three parties will also seek for possible cooperation with World Bank and the State Development Banks of BRICS.

By CFM ,2015-05-20 14:10:26

Since the practice of “One Belt And One Road”, numerous Chinese enterprises from varied industries start their “West Journey”, looking for chances overseas. And so does the enterprises from Machinery & Equipment Industry. High Speed Rail is the leader of implementing the “Walk-out” Strategy. Based on the statistics from Ministry of Commerce, China has taken part in 348 overseas railway construction projects by 2014, 113 increased comparing with that of the last year. On April 27th, the CRCC China-Africa Construction Limited continuously signed contracts with African countries, which totally involved near 5.5 Billion USD. Equipments also plays an important role in this Journey. According to data, the export value of the Chinese equipment industry in 2014 reached to 2,100 Billion CNY, taking 17% of China’s gross exporting value last year. By far, the GMV of overseas acquisitions by Equipments enterprises took 45% of that of the whole Manufacturing & Equipments Industry. What behind the success of China’s Machinery & Equipment Industry on this “West Journey” is the up-lifting competitiveness of the products. China’s Manufacturing & Equipment Industry is heading the destination of integrated industrial chain instead of offering only products. By far, China is building 118 Economy & Trade Cooperation Zones in 50 countries around the world, which fact offers chances to build platforms for not only business, but also talents training, and thus adding advantages to the development of China’s Manufacturing Industry.

By Global Fastener News ,2015-05-11 11:43:29

After 45 years in the fastener industry, Joe Greenslade will retire at the end of 2015. Salim Brahimi of IBECA Technologies Corp. will succeed Greenslade as the Industrial Fasteners Institute director of engineering technology. Joe Greenslade Salim Brahimi Greenslade told the Southwestern Fastener Association that he originally planned to work two more years, but decided he wants to spend more time on volunteer work.  As a high school student he was not oriented toward going to college. The father of another student became a mentor to Greenslade and encouraged him to go to college. As Greenslade completed his degree at Texas A&M in 1970 he went to thank his mentor, who said helping someone else was the best way to say thanks. Greenslade entered the fastener industry with Camcar-Textron and Rockford Headed Products and established his own dimensional calibration company, Greenslade & Co. He has authored many articles and served on ASME B1 and B18, ASTM F16 and SAE fastener committees. Greenslade helped with efforts for the U.S. Fastener Quality Act and the Aerospace Screw Thread Conformity Task Forces and been an A2LA board member. In 2007 Greenslade sold his company and became the Industrial Fastener Institute's director of technology. Greenslade has led the process of converting the traditional IFI Fastener Standards texts to online and developing the IFI Technology Connection, which provides fastener technical tools and support. Web: Indfast.org Greenslade expanded his volunteer mentoring work helping low socio-economic students at his alma mater high school in Texas to apply to college and for financial aid. Now he is getting involved in setting up mentoring programs at other high schools. Assisting high school students improve their circumstances through higher education “is the most rewarding thing I have ever done,” Greenslade told FIN.  Email: jgreenslade@indfast.org Brahimi, from Quebec-based IBECA, has been in the industry for 25 years. Brahimi is a licensed member of the Quebec Order of Profession Engineers and holds a master of materials engineering and a graduate diploma in management from McGill University – where he is completing a doctorate in fastener hydrogen embrittlement. Brahimi is chair of the ASTM Committee F16 on Fasteners. He received the Fred F. Weingruber Award from the F16 committee for “outstanding contributions to the development of fastener standards, especially in the field of hydrogen embrittlement.”  He authored the first ASTM standard dealing specifically with electrode posited coatings on fasteners and was chair of an ASTM task group on hydrogen embrittlement. Brahimi also serves as head of the Canadian delegation to ISO Committee TC2 on Fasteners and vice chair of the Research Council on Structural Connectons. He is a member of the SAE Fastener Committee and an instructor with the Fastener Training Institute. This year the IFI presented its Soaring Eagle Technology Award to Brahimi for significant contributions to technological advancement of the industry. The Industrial Fasteners Institute is an association of North American manufacturers of bolts, nuts, screws, rivets, pins, washers and custom formed parts. Suppliers of materials, machinery, equipment and engineering services are associate members of the IFI. There currently are 72 manufacturer members and 48 associate members. Web: Indfast.org.

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.

Company News

By solar power world ,2015-05-26 16:40:40

Nine Fasteners Inc. continues its ascent in the solar industry by announcing the creation of a brand-new module-mounted Enphase trunk cable clip. NFI-1463 (5)This quality product is made of 410 stainless steel and has a rolled outer edge to prevent damage to the cable. The clip features a lead lip for easy handling and installation. The clip, with a part no. of NFI-1463, is the first clip that is designed to hold a single trunk cable and eliminates the need for a clip holding multiple trunk cables when a customer is working with just one. “The people we’ve talked to say it’s the best clip they’ve seen for this particular application,” said Vin Marino, Product Manager at Nine Fasteners Inc. “It works great, and with less material being used (than in a multiple clip), there’s less cost and therefore a lower price to the customer.” Before the development of this new clip, installers still had to use a multiple trunk cable clip even when it might not have been necessary. Nine Fasteners Inc. developed the clip in conjunction with: Enphase Energy, Quick Mount PV, and Ecolibrium Solar. After several months of design and testing help from their partners, Nine Fasteners Inc. was ready to bring the clip to market. “We’re very excited to be able to be the first to market with a clip with this functionality,” Marino said. “We believe the clip is going to serve a large need within the industry, and to be able to add this clip to the rest of our product lineup is something we’ve been looking forward to for a long time.”

By globalf fastener news ,2015-05-25 13:32:03

Exibition & Association News

By CFM ,2015-05-18 16:42:20

On May 15th, the second seminar on improving the quality of fasteners was organized by Hong Kong Screw & Fastener Council. The seminar mainly put efforts to analyzing the product testing and regulatory requirements on fasteners, attracting over 60 enterprises to attend. The journalist from www.chinafastener.com followed the whole report. Chairman of HKSFC, Mr. Lin Zhiming first made a speech, introducing the current situation of the fastener industry and the goal of this seminar. “The requirements on the quality of fasteners are gradually increasing. We organized this seminar to share experiences and the newest requirements with enterprises in the line.” said he. This seminar invited two guest speakers from SGS Company—Mr. Wu Zhijian and Mr. Yang Yuefei. They shared with all the attendees the testing examples and applying of fasteners, and the analysis of REACH (Registration, Evaluation, Authorization, Restriction of Chemicals) regulation respectively. Mr. Wu mainly put efforts in introducing the testing, including the Physical Properties Test, Dimensional Measurement, Chemical Composition Analysis, Metallographic Structure Analysis, Corrosion Test and Reliability Test. Later, Mr. Yang introduced the current situation of chemical usage, the detailed explanation of REACH Regulation and aim of it, etc. Mr. Lin Zhiming, Chairman of HKSFC Mr. Wu Zhijian from SGS Company Mr. Yang Yuefei from SGS Company CFM Journalist was also informed that the third seminar on mold & dies will be on around July 3th. Details of the third seminar will be released by HKSFC later.

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