Sign In  |  Join Free  |  Contact |  Help

Home > News

  • Declining for two years in a row of global per capita steel consumption

    Declining for two years in a row of global per capita steel consumption

    By CFM| 2016-06-23 10:55:06

    Based on the annual statistics from The World Steel Association, the global per capita apparent consumption of finished steel in 2015 has declining for two consecutive years, which decreases to 208.2 kilograms, 4.1% decreased comparing with the volume of 217.1 kilograms of last year and 4.4% decreased comparing with the volume of 217.8 kilograms in 2013. However, the consumption of 2015 is still higher than that of 2012. In Asia, there is a sharp decline of China’s average consumption of steel in 2015. The average consumption of steel in Japan and Taiwan decline to 497.3 kilograms and 750.6 kilograms respectively. On the contrary, the consumption of India and South Korea keep growing and India reaches its highest record of 60.6 kilograms. However, it still fails to reach the level of one-third of the global average. South Korea maintains the top of the global average consumption of steel, which reaches 1113.6 kilograms. But it is still lower than the consumption of 1207.4 kilograms in 2008. In America, the average consumption of steel of North America and Central and South America both decline. The average consumption of steel of USA, Canada and Brail decrease to 297.4 kilograms, 404.6 kilograms and 102.6 kilograms respectively. Mexico and Argentina keeps growing, which increase to 190.6 kilograms and 121 kilograms. In European Union, the average consumption of steel reaches 303.5 kilograms in 2015, which maintains increasing for three consecutive years. But it is still lower than the volume of 311.6 kilograms in 2011. Africa keeps increasing for 5 consecutive years, which reaches 33.1 kilograms in 2015. But it is still the lowest average consumption of steel in the world.
  • Japan Steelmaker Plans $50m Indiana Wire Facility

    Japan Steelmaker Plans $50m Indiana Wire Facility

    By Global fastener news| 2016-06-23 00:00:00

    Japan’s largest steel producer plans to open a $50 million manufacturing facility employing up to 70 workers by the end of 2021, the Indianapolis Business Journal reports. The new plant will process steel wire used for fastener applications by the automotive parts industry. The 150,000-square foot facility is expected to be fully operational by spring 2017, according to the Journal.
  • By 2020, Asia Fastener Market will be at $44b

    By 2020, Asia Fastener Market will be at $44b

    By Global fastener news| 2016-06-22 09:50:21

    Asia industrial fastener market is expected to reach USD 44.12 billion by 2020, according to a new study by Grand View Research, Inc. Growing automotive demand in light of increasing disposable income of consumers is expected to propel demand for industrial fasteners over the next five years. China dominated the Asia fasteners market in 2013 and the trend is anticipated to continue over the forecast period on account of rapid expansion of domestic manufacturing base. India is expected to witness the fastest growth over the projected period as a result of increasing automotive production. In addition, infrastructure improvement in emerging economies is likely to propel demand for screws, bolts and rivets. Economic growth and rapid industrialization in China, India, Malaysia, Vietnam, Malaysia and Thailand is anticipated to stimulate investments for construction which in turn is likely to augment industrial fastener market over the projected period. Increasing use of fasteners in the manufacturing of automotive parts including engine, body, molding, suspension system, frame, body assembling and wheels is expected to drive market growth. Growing production of aircraft parts in China on account of “The 2011 State Council Policy” for aerospace sector is expected to spur market growth. Increasing number of regional manufacturers in China including Shanghai, Chengdu, Xi’an, Jiangxi and Shenyang is further anticipated to boost industrial fastener market over the forecast period. However, rising market share of substitutes such as PU adhesives is anticipated to restrain industrial faster market in the automotive and construction sector over the forecast period.

Industry Activities

By Steve Chuang, CENS ,2016-09-21 09:15:53

With ever more insiders venturing into higher-end segments of the global fastener market, Taiwan's fastener industry is under going upgrades. (photo courtesy of UDN.com) With a history of more than half a century, fastener production is today one of Taiwan's most globally competitive industries in the southern region. This achievement is attributable to insiders' efforts on moving forwards high value-added fasteners for higher-end applications, including cars, aircrafts, medical supplies and implants, wind turbines, and many others, hence seeing a gradual uptrend in value. An incontestable proof of the industry's continuous growth is the statistics compiled by Metal Industry Intelligence, an industry and market research division affiliated with Metal Industries Research & Development Centre (MIRDC), a Taiwan-based semi-official R&D institute, showing that Taiwan's annual fastener output increased from NT$95.15 billion (US$3.17 billion) in 2006 through NT$112.37 billion (US$3.74 billion) in 2010 to NT$123.87 billion (US$4.12 billion) in 2013. The value is estimated to have reached NT$124.38 billion (US$4.14 billion) in 2014 and then mount to NT$124.73 billion (US$4.16 billion) in 2015. MIRDC reports that the positive development results mainly from the payoff of the hard work by Taiwanese manufacturers to continuously improve manufacturing capabilities in association with local R&D bodies to turn out various fasteners with excellent functionality and consistent high quality that meet high-end requirements by professional end-users, which, in turn, enhance not just the industry's overall production value but its presence in different sectors. In an exclusive interview with CENS, Kristy Chi, industrial analyst from the Industrial Research Section of MIRDC's Planning & Promotion Department, provided insights into the industry's current development driven by high-valued fasteners developed from the R&D body and local makers. Fasteners for High-end Requirements The most conspicuous fasteners developed in recent years to drive the industry's global profile higher are perhaps the fastening products and implants for medical applications, which, Chi mentioned, have been displayed at MIRDC and promoted by local makers globally to earn high reputations. Among those products, the polished anodic coloring treatment of titanium alloy self-tapping bone screw is made using the newest electropolishing technology for titanium from Germany, which gives quality-approved brightness and cleanness to the screw's surface and ensure evenness of color distribution from anodic treatment, measuring up to requirements for medical applications in developed nations, stressed Chi. Also notable fastening products and related systems developed by MIRDC and local manufacturers for the application include radius bone plates of titanium, implants, rigid abutments, transfer abutments, cover screws, hex drivers, dental implants, dental implant surgery assistant guiding sleeves, with some of which having already been applied in clinical trials. “Development of such products will surely help boost value of the industry's output and local economies in southern Taiwan,” said Chi. Compared to fastening products for medical application that still need time to develop to be volume-manufactured and heavily promoted, Chi noted that fasteners for car production have become the strongest propeller among other applications for the industry's growth for years, mainly fueled by strong demand from global carmakers, particularly from Japan. “Many of Taiwanese fasteners manufacturers have become part of global makers' supply chains as Tier 1 and Tier 2 suppliers,” said Chi. “In the segment, suppliers have to upgrade their production process and quality management in different ways to meet various standards established by different carmakers.” It makes sense such products that generally have customized specifications and call for higher manufacturing technology levels to ensure superior safety and generate nice profits will contribute ever more to the industry's output value in the years to come, given that the global new-car market has continuously expanded over the past years, and is expected by global research institutes, such as IHS Automotive to reach 100 million units in 2018. Chi went on to say that backed by deep manufacturing knowledge, exceptional production flexibility and strong commitment to R&D and quality, Taiwanese manufacturers are building ever stronger global presence in this sector. Requiring top-end technology to produce and bearing much higher unit prices than ordinary fasteners, aircraft fasteners are also saddled with insiders' expectations to become the industry's ace in the hole to blow away the global competition, particularly in the face of underselling rivalry from emerging countries is intensifying. Chi said that presently only a few of Taiwanese fastener makers who have truly penetrated into the global aerospace industry's supply chain as Part C suppliers, mainly through AIDC, which has been contracted by global customers to supply engines and fuselages for trainers and commercial aircrafts. She introduced, “Such fasteners generally have standard specifications and are subject to stricter certifications than any models for other applications. But, with AIDC's support, local suppliers are more likely to tap the segment.” As eco-awareness remains a concern to drive development of global energy industry, another potentially lucrative business for Taiwanese fastener makers, Chi noted, is fastening products for wind turbines. For long-term reliability and safety, wind turbines require complicated engineering and higher-end fasteners, making the so-called smart fasteners that feature better tightening reliability and stronger structural strength a buzzword in the industry. In light of the trend, MIRDC has researched and studied such fasteners to pave the road for local suppliers to the segment. One of the most commonly seen smart fasteners is the Direct Tension Indicating Bolt, which is built with the director tension indicator washer to help engineers make sure the required initial bolt tension is carefully controlled when installing a bolt. Such smart fasteners have been widely used in construction, and increasingly applied to wind turbine engineering. The Permanent Mounted Transducer System (PMTS) is a rising technology deriving from smart fasteners, which, Chi reported, is developed by Intellifast GmbH to ensure consistency of bolt tightening process and has also been regarded as an ideal solution to wind turbine bolting products. Chi mentioned that bolt tension is given by torque but could vary with time due to material properties and ambient conditions; therefore, it is hard to record and maintain in practice. The PMTS incorporates ultrasonic measurement technology to materialize the concept of bolts with sensors, and allows engineers to control and monitor embedment conditions of bolts and joints even more effectively than other solutions. The PMTS turns out a bolt that goes through the ion vapor deposition to be equipped with the state-of-the-art Piezoelectric Sensor on the head, and gives each bolt a 2D data matrix bar code. Engineers use the LP3000B device to identify sensor-built bolts, check bolt tension and record measurement results. In short, PMTS assures not only reliability of initial bolt tension, but also data traceability and maintenance of bolts, suitable for wind turbine bolt engineering. Upgrades of Materials and Production Technologies Mainly motivated by the rise of those high value fasteners mentioned above, the Taiwanese fastener industry is undergoing thorough upgrades, from material development to thermal and surface treatment and testing technologies, which will enable insiders to not just raise product value but establish distinct images as high-end fastener suppliers in the world. Since development of high-end, high-strength materials provides the basis for high value fastener production to develop in Taiwan, Chi introduced that various titanium-based alloys, as well as related molding technologies, have been researched and developed by local leading materials suppliers, R&D bodies and manufacturers for making fasteners used in cars and aircrafts for now. She pointed out that the trend is fueled by China Steel Corp., Taiwan's largest steelmaker and the biggest supplier of wire rods by size, who has successfully started up mass production for Alloy A-286, which can withstand high temperatures of up to 700 degrees Celsius without compromising strength and corrosion and are ideally for producing fasteners for aircraft and car engines. “Since the high-strength alloy is mostly imported presently,” Chi said, “China Steel's mass production will enable local makers of aircraft and automotive fasteners to secure stable supply of the key components at more competitive prices, which, in turn, will help them to solicit more orders in the future.” In thermal treatment technology development, Chi indicated that Taiwan's fastener industry has also made a progress in this field. Mainly to meet customers' requirements for high-strength, high-safety fasteners, she introduced, local makers are generally capable of skillfully applying in production various advanced thermal treatment technologies, including austempering, which is mainly used to produce bainite that is formed at a cooling rate between that for martensite and perlite so as to give fastener's structure better elasticity and strength; carburizing, which is for enhance absorption of liberated carbon during the heating of metal materials to make them harder; martempering, a technology using interrupted quenching process to produce fine tempered martensite structure to further harden the fasteners; nitriding, a structure hardening technology by diffusing nitrogen into the surface of a metal; and spheroidizing that spheroidizes iron carbides within the perlite structure. Chi stressed that a couple of Taiwan's fastener and related equipment manufacturers have been engaged in developing spheroidizing annealing furnaces, with some models being significantly improved with more effective process control systems, user-friendlier operation and smarter computing functions, which ensure lower power consumption, higher productivity and more consistent quality of heat treated fasteners. To fill orders for bone screws and dental implants, Chi went on to say that several thermal treatment technologies are increasingly popular in the industry, such as SLA (sand-blasted, large-grit, acid-etched), MAO (microarc oxidation) coating and . plasma spray coating. But, the most impressive one that can ensure maximum space between threads to allow adhesion of the most possible cells to the implants and screws to enhance functionality is the PDL (pulsed dye laser) surface treatment technology. Perfect for application in the 3C, photovoltaic, IC, flexible electronics and biomedical chip industries, the PDL features expanded pulse width, high frequency and high power, and can process high precision parts and components with microstructure without causing thermal failure. Chi reported that Industrial Technology Research Institute, a government-funded R&D institute has begun transferring the technology to local fastener makers to help upgrade production from conventional screws into high-margin dental implants. As for testing technology, Chi noted that there are also encouraging results from local companies to build up the industry's future competitiveness. For instance, a fastener inspection equipment company has just released its newest sorting technologies for screws and bolts, while some have been dedicated to developing instrument for detecting tightening torque and tension loads of screws with different shapes. In the field of metallurgical analysis, she went on to say that a Taiwanese firm has also worked out a new machine that can automatically detect and measure spheroidizing rates and ferrite decarburized depth, which is likely to draw more attention to metallurgical analysis, of which development in the industry is backward. In addition to manufacturing technology upgrades, Chi feels that a few of Taiwanese fastener manufacturers have also placed heavy emphasis on introducing the state-of-the-art information technology into daily operations, so as to enhance operational efficiency and generate added value for customers. For example, some leading companies, such as Jinn Her Enterprise Co., Ltd., a supplier of more than 20,000 kinds of screws, are building automatic warehousing systems to improve their inventory management and delivery efficiency, Under this transition, Chi opines that big data is a promising IT technology that can result in a makeover to this traditional manufacturing industry composed mostly of contract makers engaged in built-to-order production. She pointed out that suppliers can build databases of customers' order volume, ordering frequencies, preferences and other valuable information using big data analysis, and take advantage of that to forecast customers' inventory levels and take initiative to send inquiries right before they truly need to restock. “In doing so, suppliers not just offer build-to-order manufacturing, but help customers with inventory management,” she said, “This will enable suppliers to better improve customer relationships and secure business chances.” The article comes from CENS.com. The copyright of the article is owned by the original writer. Please notice us if there is any infringement of copyright.

By Jiaxing Government ,2016-09-20 13:24:20

Fasteners industry has been a pillar industry of Haiyan County, Zhejiang Province. In order to optimize the industry, Haiyan government has launched a three-year plan on renovating and improving its fasteners industry. It tries to “improve one group of companies, assemble a group of companies and close a group of companies” to further push the development of “Three Excellencies of Haiyan”. Improving a group of companies means the government encourages qualified companies within the “renovation range” move to fastener industry agglomerations or industrial zones actively, therefore, they could be operated under the management. Companies in current agglomerations or industrial zones shall aim at developing themselves from a small company to be a listed company through increasing input, improving the science and technology and enhance management and other measures. Assembling a group of companies means the government encourages government of towns or villagers could build or expand agglomerations or industrial zones based on the local development and plans to attract more qualified companies to set up their companies in those agglomerations or industrial zones.  Closing a group of companies means the government will list a group of companies in “Renovation List” which will bring serious environmental pollutions and has a bad operating situation. The government will close some of these companies which are not willing to go to those agglomerations or industrial zones or are not eligible to enter those agglomerations or industrial zones step by step according to the plan.

Raw Materials

By Viet Nam News ,2016-09-26 00:00:00

What is the situation of current supply and demand balance of the Vietnam domestic steel industry? Regarding construction steel, consumption totals are around 7 million tones per year, of which 5 million tones are produced by local plants while the rest are imported. Meanwhile, the total production capacity of construction steel in Vietnam is actually around 12 million tones. Similarly with steel ingots, production output is around 12 million tones, nearly doubling the domestic market demand. The domestic steel industry is still not running at its full capacity, due to low domestic demand. In addition, the industry faces competition from cheap steel products imported from China. Last year, steel imports totaled millions of tones in both completed products and ingots, which impacted market shares as well as the operation capacity of local producers. However, for steel pile, galvanised steel and cold-rolled steel, domestic consumption is good and so are the export numbers. Vietnamese local producers such as Hoa Sen, Phương Nam, Nam Kim and Đông Á show strength in these products and advantages for exports in Southeast Asia region. Given that the domestic steel industry still fails to run at its full capacity and imports offer heavy competition, does Vietnam really need to invest in steel production? Vietnam still has to invest in steel production. People must consider which investments should be made at which stages, which time, in which scale and technologies, in order not only to control the environmental impacts but also to ensure the competitiveness of products. In the current market, the steel association will not encourage new investments in steel ingots and pipe production because supply is exceeding demand significantly. Investments should be rather poured into improving product competitiveness, reducing wastes and easing impacts on the environment. The association encourages intensive not extensive investments. For cold-rolled steel sheets, hot-rolled steel and alloy steel, producers can expand investments. Vietnam has advantages in those exports. In the long term, industrialisation is still the path that Việt Nam must take, so the development of the steel industry is indispensable. The thing to consider while developing the steel industry is consumption. Vietnamese consume around 200 kilograms per head per year, still low compared to the world’s average level of 220-230 kilograms, China’s 400 kilogram, or Europe’s 600 kilograme. That having been said, local steel consumption is expected to rise to 250-300 kilograme per year. Hence, steel producers must base their estimates on consumption demand and other economic indicators—like gross domestic product and construction industrial index—for investment decisions. Especially, investments should not be scattered, in both capacity and technology, in order to enhance competitiveness. How can Vietnam balance the benefits of importing steel and using locally-produced steel? The steel industry is faced with inventories at the moment, but the inventories are of several kinds of steel products, while many types are in a shortage. For products that Việt Nam’s steel production can meet the local demand, imports should be limited to encourage local production. Trade defense instruments should be considered. Việt Nam needs to import steel products that the local industry still fails to produce. However, we encourage investments in producing these products. However, protecting local production by using trade defense instruments remains a short-term measure. Enhancing competitiveness and product quality of domestic producers, these are our greater goals. - VNS The article comes from Viet Nam News. Any copyright is owned by the original author. Please kindly inform us if there is any infringement of copyright.

By Zacks Equity Research ,2016-09-22 00:00:00

Steel is used in every important industry, from energy, construction, automotive and transportation to infrastructure, packaging and machinery. Over the past few years, the steel industry has been reaping the benefits of accelerating growth in the developing economies. Asia, particularly China, was the principal growth driver. However, the slowdown in China has added an element of uncertainty to the outlook. Nevertheless, there are plenty of reasons to be optimistic about the broader steel industry, both in the short and the long term. Here, we discuss some of the key reasons and what investors in the steel sector can look forward to in the coming months and years. Construction Sector Remains a Pillar of Strength Amid a volatile U.S. stock market, uncertainty surrounding the Fed rate hike, aftermath of Brexit and volatile oil prices, the homebuilding market remains a pillar of strength for the economy and the steel industry as well. The housing and construction sector is the largest consumer of steel, accounting for almost half of the total consumption. Positives like an improving economy, modest wage growth, low unemployment levels, low interest rates, positive consumer confidence and a tight supply situation raise optimism about the sector’s performance in 2016. The US Architecture Billings Index (ABI), an economic indicator that provides an approximately 9-to-12-month glimpse into the future of non-residential construction spending activity, has been at 50 or better for 21 of the last 24 months indicating reliable, manageable, sustainable growth in architectural activity. The American Institute of Architects (AIA) anticipates spending in the non-residential building sector to climb 8.3% this year followed by a 6.7% climb next year. Nucor Corporation  and Commercial Metals Company are the leading steel suppliers to the non-residential construction sector. The Dodge Momentum Index grew 1.3% in August to 134.9 from its revised July reading of 133.2. It is a monthly measure of the first report for non-residential building projects in planning, which have been shown to lead construction spending for non-residential buildings by a full year. The Index has increased for 5 straight months, marking the longest such streak since the end of 2012 into 2013. The Momentum Index is currently 16% higher over Aug 2015, suggesting that despite sluggish economic data and the uncertainty surrounding the November elections, developers are moving ahead with their plans for new projects. The National Association of Home Builders (NAHB) reported that the home builder sentiment index (HMI) for newly constructed single-family homes in August rose two points to 60 from a downwardly revised reading of 58 in July. New construction and new home sales are on an upward trend which is helping to bolster builder sentiment. Over the long haul, as the urban population increases worldwide, the need for steel to build skyscrapers and public transport infrastructure should see an uptrend as well. Emerging economies will continue to be major demand drivers due to the huge amount of steel required for urbanization and industrialization. Hence, demand for steel is expected to remain strong in the years to come. Companies like United States Steel Corp. , ArcelorMittal , Nucor and Steel Dynamics Inc.  would benefit from the momentum in construction. Automotive Sector in Top Gear The automotive sector, which is the second-largest steel consumer, is showing significant promise despite threats from other materials. Besides giving a boost to the already rising U.S. auto sales, cheap oil has backed a recovery in the European auto market. The rising sales trend is expected to continue in 2016 on the back of falling fuel prices, low interest rates, enhanced job security, rising wages and household wealth, improving consumer confidence, residual pent-up demand, attractive deals and vehicle launches. Moreover, the high average age of light vehicles on U.S. roads is resulting in large replacement demand for cars as well as car parts. The average age is estimated to rise to 11.5 years by 2017 and 11.7 years by 2019 from 11.4 years at the end of 2013, according to forecasts by IHS Automotive. This will benefit auto parts manufacturers and retailers. The auto industry in Asian countries, particularly China and India, are also projected to flourish over the next five to seven years. China is the biggest and fastest growing auto market in the world in terms of number of vehicles sold. With automakers cashing in on strong demand, steel is expected to get a proportional boost in the years to come. ArcelorMittal and AK Steel Holding Corporation generate a large portion of their revenues from auto companies. Indian Steel Sector to Be a Major Driver India, though currently the fourth largest producer of steel in the world, is expected to record exponential growth in the future, This will be fueled by increasing urbanization and projected growth in the infrastructure, automobile and real estate sectors. The country’s comparatively low per capita steel consumption and the anticipated rise in consumption due to increased infrastructure construction, along with the thriving automobile and railways sectors, offer huge scope for growth. In fact, as per the World Steel Association, steel demand in the sub-continent is projected to grow 5.4% in 2016 through 2017 to attain a peak of 88.3 Mt in 2017. Steady Growth in Developed Economies Developed economies are expected to witness a stable recovery momentum, albeit at a slow pace. Steel demand in these regions will grow 1.7% in 2016 and 1.1% in 2017. In the EU, steel demand is recovering in tandem with generally improving economic sentiments and investment conditions. Demand is projected to grow 1.4% in 2016 and another 1.7% in 2017. In the U.S., an improving job market and a strong housing sector will support growth in steel demand of 3.2% in 2016 and 2.7% in 2017. Imposing Anti-Dumping Duties U.S. steel companies have been hammered by a tide of cheap imports over the past few years that largely contributed to the slump in steel prices. Low costs of production have allowed overseas producers to sell their products at cheaper rates, leading to an industry-wide price decline. Big U.S. steel producers – U.S Steel, AK Steel, Nucor, Steel Dynamics and ArcelorMittal USA -- retaliated by filing anti-dumping petitions in Jul 2015 with the U.S. International Trade Commission (“USITC”) and the DOC, alleging illegal dumping of cold-rolled steel that is used to make automotive products and appliances, among others. The regulator found that imports of cold-rolled steel flat products have caused or threatened to cause material injury to the U.S. steel industry and thus imposed hefty anti-dumping duty and countervailing duty on these imports. In a similar development, earlier this month, The USITC made its final determinations on anti-dumping and countervailing duty investigations on imports of certain hot-rolled steel flat products by seven countries (Australia, Brazil, Japan, South Korea, the Netherlands, the U.K. and Turkey) into the American market. Hot-rolled steel is used in appliances, automotive products, heavy machinery, machine parts, commercial construction and transportation equipment. As a result of the USITC’s affirmative findings, the DOC will now issue countervailing duty orders on imports of hot-rolled steel products from Brazil and South Korea and anti-dumping duty orders on imports from Australia, Brazil, Japan, South Korea, the Netherlands, Turkey and the U.K. These actions are expected to assist American steel makers defend their turf against illegally dumped steel products and improve the margins of steel companies. How to Play the Industry As you can see, there are many reasons to be optimistic about the steel industry over the long haul. Zacks particularly recommend stocks such as ArcelorMittal which sports a Zacks Rank #1 (Strong Buy). Stocks such as Ternium S.A.  and Angang Steel Company Limited are also good bests with a Zacks Rank #2 (Buy). However, the glut in cheap imports and slowdown in China will continue to weigh on the industry. Zacks strongly suggest steering clear from or getting rid of stocks with a Zacks Rank #5 (Strong Sell) including LB Foster Co. and Universal Stainless & Alloy Products Inc. The article is from ZACKS. Any copyright is owned by the original author. Please kindly notice us if there is any infringement of copyright.  

Company News

Exibition & Association News

By CFM ,2016-06-23 00:00:00

Thursday, Shanghai—yearning in the past 360 days, it finally comes to this special day, the day that belongs to all the entrepreneurs in China Fastener Industry. Fastener Expo Shanghai, this highly expected fair, is declared open at Shanghai World Expo Exhibition & Convention Centre for three days during June 23-25. Invited as the official media, ChinaFastener Magazine brings everyone with interest the first hand material. Arranged as usual, Fastener Expo Shanghai prepares two halls for exhibitors with over 2000 standard booths. Hall 1 is for arranged for exhibitors of fastener machinery when Hall 2 is the demonstrating place for fastener and fixing products. Journalist of ChinaFastener Magazine discovers that on site, visitors from domestic and abroad are mainly attracted by the substantial exhibitors e.g. Jiangsu Washen, BSC, BTP, RET, Yuyao Xintai, Shanghai Fast-Fix, Foshan Sailuk, Dongguan Yibao, Fixdex, Ningbo Fastener Factory, etc. Based on the response, part of these exhibitors demonstrate new fastener products on site, for the sake of getting orders from potential purchasers as well as promoting and developing new markets. Following is to present part of strengths of the fastener entrepreneurs. Jiangsu Washen BSC BTP Yuyao Xintai Shanghai Fast-Fix Foshan Sailuk Dongguan Yibao Fixdex Beijing Jinzhaobo Haiyan Guangda Jiaxing Port Lixin Suzhou Yihong Uni-Protech Haiyan Jinling Haiyan New Shengda Handan Fuqiang Handan Haoqiang Handan Xingbang Jiasan Liwei Jiaxing Lambo Ningbo Yonggang Haiyan Longxin Suzhou XLing

Fastener News

By steelhome.cn ,2016-09-23 15:17:54

        Zenith Steel Group Company Limited has successfully launched a new type of steel – a high strength bolt steel recently which is the 27th new product of the company. At present, the steel has been on trial by their clients. It has expanded the products types and standards of the company’s special and superior steel and bar materials. During the earlier phase of the development, the R&D center of Zenith Steel Group designed proper technology parameters, controlled technological difficulties in steelmaking and rolling after researching for some technical information and  deeply capturing of customer's requirements based on the current successful development experience of cold heading alloy steel and the features of the steel. During the manufacture of the steel, the company arranged relevant staffs to follow, observe and summarize the whole process. The R&D center, Steelmaking department, Rolling Department, Quality Control Department and other staffs worked together during the development process and the high strength bolt steel 35VB was developed by one time. After the examination of rolled products, all technical indicators meet the requirements of clients. What’s more, the company has rolled the steel in various standards and now the products has been sent to clients. We have been told that 35 VB is the steel for the production of high-class Grade 10.9 Steel Bolts which are widely applied to large machines, architecture, electricity and other industry. Because bolts directly transfer alternating load which leads to alternating stress. The bad application environment and high operating stress require good quality of the bolts which directly influences the service life of those machine. Due to these reasons, 35VB must have advantages like high strength, sound plasticity and toughness, high impact tenacity and high fatigue strength. The steel is a new developed high-value-added product which has certain difficulties in producing. Since 2016, Zenith Steel Group steps up efforts to develop more high-end products based on the “522” development strategy (that is 500,000 tons of steel of super quality, 2 million tons of fine steel and 2 million tons of special steel). According to statistics, the R&D center of the company has developed 27 types of steel, in which 21 types of bar and6 wire rods. The fine steels and special steels have occupied over 50% of all producing steels in the company. The article is from steelhome.cn. Any copyright belongs to the original author. Please kindly notice us if there is any infringement of copyright.

By CFM ,2016-06-28 00:00:00

Organized by Reed Tradex Company, the 2016 edition of Manufacturing Expo was held during the date from June 22-25 in BITEC, Bangkok, Thailand. Within four days of exhibition, the distributors, traders, manufacturers and specialists from home and outdoor of Thailand has joined in this fantastic show. The journalist, from ChinaFastener Magazine( CFM), witnessed this show and presented the latest information to you.                                                                                                                                Journalist of CFM Most of the visitors were from Southeast Asia and East Asia who were interested in auto parts, CNC machine, household electric appliance and etc.                               With 2,425 brands of technologies from 46 countries, Manufacturing Expo 2016 serves as a grand gateway for manufacturing and supporting industrialists to gain new machines and solutions from all over the world. Moreover, the strong presence of 6 international pavilions from China, Japan, Korea, Singapore, Taiwan and Vietnam ensures the increased level of potential business collaboration which would extend beyond the show duration.                             With honorary attendees from the Ministry of industry as well as public and private organizations from within Thailand and abroad, the show has once again confirmed a strong commitment to serve as the center stage of technology & business opportunities for entrepreneurs, business owners, parts makers, production supervisors, purchasers and other professionals in manufacturing and supporting industries. 

logo

Free Submit for Publication

Fastener News,Import & Export Statistics Reports,Industrial Actives,Exhibition,Forum etc.are welcome

word,image,excel,txt,pdf,rar,zip only

Hot Fastener News