By CFM| 2016-09-20 00:00:00
By CFM| 2016-06-23 10:55:06
By Global fastener news| 2016-06-23 00:00:00
By Global fastener news| 2016-06-22 09:50:21
By Xingtai Daily ,2016-09-23 00:00:00
On September 19th, 2016, the construction of the project which could produce 20,000 tons of high-quality wedded studs per year began in Julu County, Hebei Province. The project was invested and constructed by Beijing Xinnuo Stud Welding Science and Technology Co., Ltd. The investment of the project totals 0.18 billion Yuan. It will mainly produce fasteners of stud welding and equipment of stud welding. These products will be used in many fields like various kinds of steel-concrete buildings, automobile manufacture, electrical appliances, shipbuilding, fastening of glass curtain wall of buildings. Part of them will be exported abroad. Once the project goes into operation and gets benefit, it’s expected that sales income could reach 0.12 billion Yuan and bring revenue 100 million Yuan. The article is from Xingtai Daily. Any copyright is owned by the original author. Please kindly notice us if there is any infringement of copyright.
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.
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 ShanghaiDaily ,2016-09-22 00:00:00
CHINA’S steel industry improved its profitability in the first seven months, due to rising steel prices, an industry insider said on Saturday. Although sales revenues of 373 steel companies fell 11.91 percent to 1.5 trillion yuan (US$225 billion) during the period, their profits hit 16.3 billion yuan, Zhao Pei, secretary general of the Chinese Society for Metals, said at a forum. However, market demand remained tepid, with steel consumption falling 3.6 percent year on year in July, Zhao said. The old growth model of the steel industry could not continue because of the slowing economy and lingering overcapacity, he said, while calling for the sector's transformation and upgrading. As of July, China had achieved 47 percent of its target to cut steel capacity by 45 million tons this year. The article comes from ShanghaiDaily.com. Any copyright is owned by the original author. Please kindly notice us if there is any infrigement 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.
By Fastener and Fixing ,2016-08-03 11:45:19
With a planned annual capacity of around 10,500 tonnes, investment in the new line is expected to result in annual savings of €2 million – providing an estimated payback of just over three years. By extending this part of the manufacturing process Bulten expects to gain both value added and increased competitiveness. The investment will also mean less transportation, which will lead to a significantly reduced impact on the environment. “Now we are taking another step towards becoming the industry’s most cost-efficient producer of fasteners. The investment in a new plating line will improve profitability, reduce working capital and provide greater flexibility and control over the process,” says Tommy Andersson, president and CEO of Bulten. Bulten already carries out surface treatment at some of its other sites and is looking into the possibility to start finishing on more production units. The investment is subject to obtaining the necessary permits.
By Fastener and Fixing ,2016-07-29 11:02:21
On 15th June the European Commission confirmed approval under the EU Merger Regulation for the acquisition of the Engineered Fasteners & Components business (EF&C) unit of ZF TRW Automotive Holdings Corp by Illinois Tool Works Inc. In January ITW announced the agreement to make the acquisition for approximately US$450 million (€407 million). EF&C is a major global supplier of engineered fastening systems and interior technical components to the automotive OEM market. Headquartered in Germany, the company operates 13 manufacturing facilities globally and employs approximately 3,500 people. It generated revenues of approximately US$470 million in 2015. At the time of the announcement Sundaram Nagarajan, ITW executive vice- president, commented: “The Engineered Fasteners & Components business will be a highly complementary addition to ITW’s automotive OEM segment that will broaden our ability to serve our customers and further expand our long-term organic growth potential. In position, we believe there will be significant opportunity to enhance the performance of the business through the application of ITW’s 80/20 business process.”
By CFM ,2016-09-19 00:00:00
The Tenth Handan (Yongnian) Fastener and Equipment Exhibition is being held from September 20th, 2016 to September 23rd 2016 at Logistic Square, China International Fasterner Industry Town, Yongnian County. Handan (Yongnian) is the largest fastener production and distribution base of China. There are more than 6000 manufacturers and more than 10000 stores; moreover, the annual output is 4 million tons, and the annual sales volume is 5000 million dollars. Handan (Yongnian) fastener and equipment exhibition has been held for nine consecutive terms since the first time in 2007. For the exhibition of each time, there are more than 200 fastener and equipment manufacturers and 20000 audiences. Handan (Yongnian) fastener and equipment exhibition has become the largest fastener exhibition in the north region of China.
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
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.
On June 20th, 2016, CNSA(China National Space Administration) holds the 13th edition international seminar of artificial intelligence of space, robots and automation in Beijing. Centering on the subjects of the development and the future of artificial intelligence of space, the officials and scholars of aeronautical and astronautical institute from over 10 countries communicate with each other, including USA, Germany, Japan and Canada, etc. It is known that China’s space robot and artificial intelligence of space develop very fast in recent years, especially a series of achievements are obtained in the fields of space on-orbit service, space assembly and manufacture and the exploration of moon and deep space. Chang’e 3 has successfully sent a Jade Rabbit roaming across the Bay of Rainbows. In the seminar, the Chief Engineer of National Defense and the Secretary of National Space Administration Tian Yulong expresses that it has a wide application prospect of space robots’ space on-orbit service, space probe and deep space probe. The development of technology of space robot will push the sustainable development of China Aerospace move forward and promote the innovation of technology and the completion of the laws and policies.
Lubo International and Wagener & Simon GmbH & Co KG (WASI) have announced their strategic cooperation in marketing, sales and distribution of Lubo Lubricant – a ‘smart’ lubricant that offers unique benefits for stainless steel screw thread connections. For founder and CEO of Lubo International, Peter de Bruine, this cooperation is a confirmation of the effectiveness and product quality of Lubo. “We have developed Lubo Lubricant to completely eliminate the problem of galling and the need of using mounting paste or other forms of grease. The occurrence of galling or cold welding is a well-known problem in the stainless steel fastener business. “When stainless steel bolts are tightened, pressure between the thread contact surfaces can break down the protective oxide layer, increasing friction and generating sufficient heat to momentarily ‘weld’ the surfaces together,” explains Peter. “A repeated locking and tearing action further increases adhesion, in some cases to the point that the threads seize completely. To avoid seizing, and high cost of repair, all kinds of mounting paste or greases are put on the fasteners.” Peter continues: “Traditionally, purchasers buy lots of these installation pastes but are not aware of the high waste of man hours. End users however are frustrated since they have to grease fasteners, clean tooling and machines, and in the worst case repair galling problems. Moreover, they are limited in the installation speed because the use of power tools causes higher friction and a higher risk of galling.” Lubo Lubricant can be added to bolts in a fixed, dry state whilst having a stainless steel look and feel. At the moment the lubricated bolt is subject to mounting friction, Lubo melts and lubricates the bolt. After cooling down, Lubo will return to its fixed, dry state ready for its next job. “Thanks to Lubo Lubricant’s unique capabilities, galling is completely prevented and users will not have to grease, clean or repair anymore,” states Peter. “On top of that, they can mount at higher speed using power tools. Real life experiences show that these savings of man hours easily subsidise more than half the price of the fasteners.” Due to its innovative capabilities Lubo has been nominated for the prestigious Technishow innovation award 2016 in the Netherlands. The Lubo Lubricant is also FDA compliant, which enables it to be used in the food and pharmaceutical sectors. “The strategic cooperation with WASI underlines the capabilities of Lubo and is a true recognition of all the efforts and hard work of the staff at Lubo International,” concludes Peter. “WASI is a stainless steel expert and a well established global market player. It has carried out multiple tests on Lubo Lubricant and all of them have been positive. Not only do these test show Lubo to be economical and fit for a broad range of applications, they also led to WASI stating that the Lubo Lubricant is THE solution to galling problems.”
Automotive News Europe reports that The US Judicial Branch discloses that two auto parts suppliers, Japan Tokai Kogyo Corporation and Maruyasu Industries, are sued for price monopoly along with 5 executives. It’s been a long time for the anti-monopoly investigation of price monopoly in the field of auto parts internationally. Up to now, over 40 enterprises and 60 people are involved into it. The US Judicial Branch claims that in the indictment of Ohio Federal Grand Jury, Tokai and its sub company in US are sued for cheating in the bid of Honda’s automotive weather-strip and other sealed parts. And the US Judicial Branch reveals in another statement that Akitada Tazumi is also faced with the prosecution who is the Vice President of Tokai. Besides that, the US Judicial Branch points out that Maruyasu Industries and its sub company are sued for cheating in the bid of steel pipe( be used for fuel partition, brake and other auto components by auto manufacturers). Maruyasu and four executives are sue for price monopoly, namely Tadao Hirade, Satoru Murai, Kazunorikobayashi and Yoshiro Shigematsu.
The National Industrial Fastener and Mill Supply Expo (NIFMSE) announced the arrival of its new, user-friendly web site, www.fastenershows.com. The new site provides extensive content and round-the- clock access to industry professionals who want to either sign up to exhibit at the show or attend as a buyer. Thesite will also serve as a hub for industry professionals who seek the latest news andhappenings in the fastener industry. Acquired by Emerald Expositions last year, NIFMSE is now backed by a powerhouse in the trade show world and with its resources NIFMSE can now offer its participants a contemporary website with features such as travel accommodations (including discounted hotel rates, directions and transportation instructions), conference schedules, floor map,press registration, up-to- date vendor list, speaker sign- up sheet, mobile app download information, social media portals, show overview and FAQ pages, as well as easy and convenient attendee and exhibitor registration options. “The potential to reinvigorate our industry is right at our fingertips, and that’s exactly what we are doing with the launch of the new website,” said Linh Vu, marketing director. “We’re pumping life back into what has been a tired scene for quite some time. People are now able to engage with the show in a way they have never before been able to, and that’s what makes this so exciting!”
Introduction BRICA: Belt & Road Industrial Commercial Alliance CFIE: China Federation of Industry and Economics CPPCC: Chinese People’s Political Consultative Conference On June 16th, The Founding Conference of BRICA is held in Diaoyutai State Guesthouse in Beijing, which is launched by CFIE. The conference is directed federally by Chenyuan, the Vice President of The 12th CPPCC and Gu Xiulian, who is the Vice Chairman of the 10th Standing Committee of the National People’s Congress and the Honorary Chairman of CFIE. The 22 founder member leaders of the alliance from 20 countries co-chair the conference, including Li Yizhong, who is the Deputy Director of the 12th CPPCC and Economic Committee and the President of CFIE. Li Yizhong points out that the establishment of BRICA is at exactly the right time. As the new power for promoting the implement of Belt & Road, BRICA will be in its position to take advantages of horizontal cooperation, collaborative innovation, intellect support, information connection, resource complementarities and fund leading to enhance the communication and mutual learning of different cultures and to boost the cooperation and prosperity of international economy. Li Yizhong, Deputy Director of the 12th CPPCC and Economic Committee and the President of CFIE Lu Yaohua, the Vice Exc-President of CFIE Xiongmeng, the Vice Exc-President and Secretary of CFIE Li Yizhong highlights that it not only needs a new growth impetus for the development of global economy but it also needs collaborative development of multi-level, multi-channel and multi-aspect. The collaborative developments aim to promote the industry cooperation and the liberalization and convenience of trade and investment, which paves a new model and route for the international business cooperation and development under the new situation. BRICA catches the opportunity of Belt & Road and it is an important measure of multilateral cooperation. The conference releases Declaration of Belt & Road Industrial Commercial Alliance in Beijing, announces the organization of BRICA and the establishment of Alliance of Global Investment and Buyout fund, holds the online ceremony of BRICA Cloud Platform-Baiyu Lianda, activates the Think Tank Construction of B&R industrial cooperation. As an alliance branch in China, the establishment of China Board of Directors of BRICA is announced, which is to be in charge of the development, management and service of the members in China region. Up to now, totally 41 units join China Board of Directors. President of Iran - China Chamber of Commerce and Industry President of Iran Investment Committee At present, totally 22 business association and organizations from 20 countries and regions join BRICA as the members, including Russia, Brazil, Czech, Egypt, Georgia, German, France, India, Iran, Kazakhstan, Latvia, Lithuania, Mongolia, Netherlands, Pakistan, Romania, Turkey, Ukraine, China and Hong Kong.
ARMA CLAMPS & CLIPS, a growing Turkish manufacturer of clamps, clips and special fasteners, has started manufacturing at its new production facility in Hadimköy, Istanbul. Founded in 1980, ARMA CLAMPS & CLIPS produces automotive and home appliance fasteners at its 1,500m² site in the Ikitelli Organized Industrial Zone. To meet growing demand the company established a new 7,000m² facility in Hadimköy, which is 25km away from its current facility and 30km away from Ataturk International Airport. ARMA CLAMPS & CLIPS manufactures pipe and hose clamps, rubber lined clamps, exhaust clamps, metal clips, metal brackets, metal components and caged nuts. The company points out that it is a solution partner for every stage of process from part design to delivery. In parallel, it can respond quickly to special customer needs with a strong R&D team, mass production technology and tooling department in-house. ARMA CLAMPS & CLIPS exports to more than 20 countries all over the world. Products are used for automotive, home appliance, agriculture, marine, construction, machinery, fluid systems, hydraulic and pneumatic systems, petrochemicals, air conditioning, as well as generator and radiator industry applications.