By CFM| 2014-10-17 00:00:00
By Khunnawat Teeranawattanakun| 2014-10-16 00:00:00
By CFM| 2014-09-19 00:00:00
By CFM| 2014-09-17 00:00:00
By Bianji ,2014-10-17 11:15:59
HANOI, Oct. 16 -- China remained the biggest trade partner of Vietnam in the first nine months of 2014, accounting for some 19.5 percent of Vietnam's total trade turnover. According to statistics of Vietnam Customs on Thursday, during the nine-month period, Vietnam sold over 11.094 billion U.S. dollars worth of goods to China and spent nearly 31.27 billion U.S. dollars for imports from China. Trade revenue between Vietnam and China in January-September stayed at 42.364 billion U.S. dollars, said the customs office. Meanwhile, during the period, Vietnam reported some 217.484 billion U.S. dollars in revenue from foreign trade activities. Specifically, computers, electronic products and components, and crude oil are the two items with highest export turnover to China in nine months, at 1.528 billion U.S. dollars and 1.059 billion U.S. dollars, respectively. Phones, machinery, steel, fabric and computers were among top import items from China, according to the customs office.
By Sérgio Milatias ,2014-10-16 09:53:25
Since August 21 of 2014 all forming tools, hot or cold, classified in NCM 8207.30.00 passed the need to Import Permit prior to shipment, whose concession is held by Decex (the Department of Foreign Trade Operations, Ministry of Development of Brazilian Government). Tools for pressing, stamping or punching are under the validity of this new standard. Will be subject to non-automatic licensing prior to the shipment of goods overseas for verification referred to in item V of article, 16 of Annex I to Decree 7096/2010. In cases of goods shipped prior to the start of the validity of this treatment, the corresponding import licenses may be deferred without restriction boarding - since that it have been registered in Siscomex (the Integrated Foreign Trade System) within 30 days of the date on which the consent of Decex, in the form of paragraphs number 3 and 4 of Article 17 of Decree 23/2011 of ordinance Secex (The Bureau of Foreign Trade). After this period, the removal of the restriction will has been conditioned on submission of the bill of lading for the Bank of Brazil.
By reuters ,2014-10-15 10:03:16
South Africa's competition authorities are investigating price fixing and collusive tendering in the automotive industry, with top Japanese component suppliers Panasonic and Mitsubishi Electric Corp among those being probed. Information received by the Competition Commission suggested collusion among automotive component manufacturers when bidding for tenders to supply parts, such as electric power steering and spark plugs, to car makers. "The commission will prioritise the investigation of cases that involve automotive components that are in vehicles assembled in and supplied to the South Africa market," commissioner Tembinkosi Bonakele said in a statement. Competition authorities said information in their possession pointed to 82 component manufacturers colluding over prices for 121 different automotive parts in the 14 years since 2000. Officials have clamped down hard on collusive activity, fining construction companies millions of dollars recently in a bid to break anti-competitive behaviour in Africa's second largest economy.
By Raul Lee ,2014-10-14 10:44:53
It is reported that US Government will impose anti-dumping duty on imported non-oriented electrical steel (NOES) from Taiwan, China, Germany, Japan, South Korea and Sweden. Taiwan’s China Steel Corp. (CSC), the largest steel maker in Taiwan, and Leicong Industrial will face final ruling by Department of Commerce by November 17th. For now, CSC faces a 27.54% rate while Leicong faces 52.23% rate and countervailing duty of 17.12%. According to the US DOC's statistics, Taiwan's NOES exports to the US fell by near 50% to US$8.14 million in 2013 from US$17.25 million recorded in 2012.
By Alex Tsai ,2014-10-11 10:06:14
It is reported that Morgan Stanley is expected to raise its 2014 forecast of nickel prices by 2% to US$18,044/ton. Meanwhile, the bank will remain its forecast of copper price at US$6,939/ton in 2014. In 2015, the forecast of copper price is expected to drop by 3% to US$7,176/ton. Morgan Stanley also increased the forecast of price for aluminum up by 3% to US$1,893/ton in 2014 and increase further by 8% to US$2,072/ton in 2015.
By Alex Tsai ,2014-10-09 10:39:38
Baosteel Stainless, one of the major stainless steel producers in China announced to lower its domestic prices for 304 grade hot rolled and cold rolled stainless steel coils by RMB300/ton for October. After the adjustment, its prices for 304 grade hot rolled coils with thickness of 3mm are at RMB16,000/ton; those for 304 grade cold rolled coils with thickness of 2mm are at RMB17,300/ton. Meanwhile, the company decided to remain its prices for 430 grade stainless steel coils unchanged.
By Fastener+Fixing ,2014-10-17 09:53:39
Atlas Copco North America LLC and Atlas Copco Asia Pacific Pty Ltd have signed an agreement to acquire all entities of self-pierce riveting specialist Henrob, which has main production facilities in the US and UK Announcing the acquisition on 13th August, Atlas Copco said it offers the group an opportunity to expand in a fast-growing market segment, with state of the art technology. Henrob is a pioneer and market leader in self-pierce riveting. The privately owned company had revenues of US$162 million (123 million euros) in the 12 months ending June 2014 and has about 400 employees. The acquisition is subject to regulatory approvals and should close during the third quarter 2014. Atlas Copco says the self-pierce riveting segment is expanding fast due to the growing use of lightweight materials in the automotive and other industries, a trend driven by increasingly stringent emission standards. Automakers are working hard to improve fuel economy, and weight reduction using aluminium is an effective measure in meeting these requirements. "Henrob is a strategic fit in our portfolio of adjacent fastening technologies for the automotive industry," said Mats Rahmstr?m, president of Atlas Copco’s industrial technique business area. "It is a logical addition to our automotive body shop business. Now we can serve customers with three assembly technologies – tightening, adhesives and self-pierce riveting." Henrob already supplies many of the leading automotive manufacturers in Europe and North America but Atlas Copco believes its global footprint will open up possibilities to serve customers in more markets. Henrob will become a business line within the MVI Tools and Assembly Systems division in the industrial technique business area. The Henrob brand will be retained. The industrial technique business area provides industrial power tools, assembly systems, quality assurance products, software and service through a global network, delivering productivity solutions to the automotive and aerospace industries, industrial manufacturing and maintenance, and in-vehicle service. Principal product development and manufacturing units are located in Sweden, France and Japan. Based in Stockholm, Atlas Copco was founded in 1873 and now has a global reach spanning more than 180 countries. It had 2013 revenues of approximately 9.7 billion euros and has more than 40,000 employees.
By ARaymond ,2014-10-14 11:16:54
The ARaymond Network, one of the worldwide leaders in fastening and assembly solutions, is reporting significant improvements in efficiency and customer service levels since relocating to its new headquarters in Grenoble. The Network invested €6 million in the hi-tech offices after experiencing a period of spectacular growth that has seen the organization more than double its turnover in the last five years. As a result it needed more modern, larger offices to provide better service and support to the growing number of its partner companies around the world as well to end users of its automotive fasteners, clips and quick connectors. Around 200 people are now based at the four-storey, 3,000 sq m building, which opened in June 2014. It is the new home for Raygroup, which provides corporate functions such as finance, HR, procurement, logistics, and sales and marketing, and Raynet, which provides IT services. CEO Antoine Raymond said: “We set the architects Patriarche & Co two objectives. The first was to design a building that made it easy for our colleagues to contact, communicate and collaborate with each other. The second was to create an atmosphere where everybody felt relaxed. Both objectives have been achieved. "Previously our departments were based in different offices. Even teams in the same building were separated from each other by long corridors. All this made communication very difficult. "Our new building is very open and transparent. With the large atrium people on different floors can see other. The whole layout of the offices encourages teamworking, which is very important because providing a service to a customer never depends on one person working alone. It is always a team effort. "Colleagues tell me they are very happy to work here. If you provide people with good working conditions, they will be more engaged and motivated. They will deliver a better service to both internal and external customers. "Since moving into our new offices, we have markedly improved our efficiency, achieved consistently higher customer service levels and created more value for the end users of our fastener systems." The headquarters was constructed on the site of the original ARaymond** factory which opened in 1865. It also stands between two of the company’s most historic buildings, one which is the former home of the founder Albert-Pierre Raymond. By 2016, this will be converted into a museum while the other building will become a training centre. All employees were asked to vote on a new name for the headquarters and the most popular choice was ‘The Arch’. "This is a very fitting name for our new headquarters," added Mr Raymond, great-great-grandson of Albert-Pierre Raymond. "Just like an arch supporting a building, our headquarters is supporting the many different entities and enterprises that make up the ARaymond Network." To reduce its carbon footprint, The Arch incorporates a number of innovative eco-friendly features such as rainwater harvesting, an air circulation system (instead of conventional air conditioning) and low-energy lighting. It is currently being assessed for a gold certificate under the international Leadership in Energy and Environmental Design (LEED) green building rating system.
By CFM ,2014-10-17 00:00:00
The 115th China Import and Export Fair (Canton Fair) grandly opened on 15th Oct., 2014 in China Import and Export Fair Complex ( Pazhou, Guangzhou, China). It will last to 4th Nov. The exhibition area covers 1.18 million square meters with 60,222 booths. This year 170 more companies exhibited which made the total number of exhibitors to 24,751. It showed the great influence of this show. CFM witnessed Canton Fair on the First Day and distributed the newly published 16th issue of ChinaFastener Magazine to international buyers on scene. Mr. Fang, the vice-minister of China’s Ministry of Finance, attended the opening ceremony and spoke that the public police had effectively improved the business environment and provided relief to the middle-sized companies and the next step is yet to come. The popularity of Canton Fair showed the steadiness of China’s foreign business . Mr. Liu Jianjun, the spoke man of Canton Fair, said that over 90% of the previous exhibitors choose to participate again which showed great confidence in this event. Though he pointed out that the financial turbulence of the international market and the outburst of Ebola may affect the number of foreign attendees, a steady business amount is expected. SRC Ningbo Ningli Beijing Jinzhaobo Zhejiang Qifeng Handan Ruiqiang Sansega Wuxi Anshida The Hardware show which is closely related to fastener products would be on the first phase of Canton Fair, lasts from 15th Oct. to 19th Oct., 2014. About 50 fastener companies took part in it. www.chinafastener.com noticed that lots of excellent CAS members (what is CAS member?) exhibited, like Ningbo Ningli, Zhejiang Qifeng, SRC, Shanghai Five Minerals, Handan Ruiqiang, Ningbo Zheli, Sansega ,Beijing Jinzhaobo, Wuxi Anshida etc. Among them, Ningbo Ningli and Shanghai Five Minerals had specially decorated booth which attracted lots of international buyers. Most exhibitors told CFM journalists that there weren’t many visitors in the morning but more and more people came in the afternoon. Generally, they were happy about the visitors flow on the first day and ready to see the opportunity. While our visiting, many fastener exhibitors also concerned a lot about the upcoming Fastener Expo Guangzhou in Nov. which also indicated the increasing popularity of this show. “ We found that the quality of ChinaFastener Magazine and your service gets better and better and we are really looking forward to Fastener Expo Guangzhou.” as was told by one of ourCAS members.
By Khunnawat Teeranawattanakun ,2014-10-16 00:00:00
The four powerful shows: "Business Alliance for Supporting Industry," "METALEX Vietnam," "NEPCON Vietnam," and "Industrial Components and Subcontracting Vietnam" have come to a close after 3 successful days of providing the business opportunities to 14,879 attendants at SECC on October 11, 2014. All visitors enjoyed discovering the right technologies they were looking for and networked with the potential business partners while exhibitors were able to generate new sales leads, meet their target customers, and gained new ground to establish their brand awareness. ChinaFastener Magzine, being as one of the most profession fastener media also exhibited in the show and witnessed the splendid event. CFM distributed the latest issue of ChinaFastener Magazine and made propaganda for the powerful CAS members( Certificated Active Suppilers) at scene. Many foreign buyers showed great interest towards CAS members and said that they would make contact later. Booth of CFM (G12) Mr. Duangdej Yuaikwarmdee, Deputy Managing Director and General Manager Vietnam of Reed Tradex Co., Ltd. said that The four powerful shows: “Business Alliance for Supporting Industry,” “METALEX Vietnam,” “NEPCON Vietnam,” and “Industrial Components and Subcontracting Vietnam” have come to a close after 3 successful days of providing the business opportunities to 14,879 delegation are from 29 countries, namely; Australia, Austria, Belgium, Cambodia, China, Czech Republic, France, Germany, Hong Kong, India, Italy, Japan, Korea, Lao, Malaysia, Myanmar, Netherlands, Pakistan, Philippines, Singapore, South Africa, South Korea, Spain, Switzerland, Taiwan, Thailand, United Kingdom, United States and Vietnam. All visitors enjoyed discovering the right technologies they were looking for and networked with the potential business partners while exhibitors were able to generate new sales leads meet their target customers and gained new ground to establish their brand awareness. Knowledge and skills were imparted to active delegates who joined our exclusive activities, including; “Engineer Master Class #3,” was successfully wrapped up with the in-depth knowledge in DFMA skill shared by Assoc. Prof. Dr. Pham Ngoc Tuan, Vice President of HAME. In addition to receiving certificates for their attendance, these participating engineers will now be able to adapt this new knowledge to their working environments to get ready for the upcoming AEC. “Hand Soldering Competition,” finally, the 3rd Hand Soldering Championship in Vietnam is found! The first prize went to Mr. Pham Le Huynh from Artus Vietnam, the first runner-up went to Mr. Dinh Anh Phi from Truong Cao Dang Co Dien Dong Nai Institute and the second prize went to Mr. Vuong Hau Long from Spartronics Vietnam. Congratulations to the champion who will be sponsored by IPC to contend in the World's Hand Soldering Competition in California in 2015. “Koma Taisen World Championship Preliminary in HCMC” this exciting battle were crowded with the visitors who desired to witness the skills and sophisticated technology they can apply to their industry. The winner of this tournament was from Khai Thac Co.,Ltd. and they can go to join “World Championship Sekai Koma Taisen 2015” in Yokohama city, Japan which will be held on 15 February 2015. Exclusive seminar by JETRO, this special seminar was wrapped up with industrialists who have broaden their knowledge on the status of Vietnam’s supporting industries and heat treatment from Mr. Kyoshiro Ichikawa, JETRO Coordinator and Chairman & CEO of I.B.C Vietnam and Mr. Makoto Kondo, Chairman of KD Heat Technology Vietnam. Plus, more and more modern technologies, machinery, suggesting that Vietnamese industries are ready to reach new levels of success and productivity in terms of quality and quantity. We would like to express our gratitude to all attendants, exhibitors, seminar speakers and delegate, press members and supporting organizations for your strong supports and participation that have made these 4 shows a meaningful contribution to the development of Vietnamese industrial community. Mr. Duangdej concluded. Mr. Le Duong Quang, Deputy Minister of Ministry of Industry and Trade said that as Vietnam’s supporting industry will become a major metalworking manufacturing hub in ASEAN, I would like to welcome all the participants to visit METALEX Vietnam and NEPCON Vietnam 2014. These shows are ready to serve the participants with its latest technologies, innovations, know-how and new kind of machinery, so, you will be able to obtain an opportunity to learn and share new experiences in these exhibitions. Mr. Soichi Yoshimura, Executive Vice President of Japan External Trade Organization HQ said that In Japan, it is difficult to buy machine’s accessories, the ratio of Japan economy’s growth is also low so we come to VietNam to expand market Beside, we hope that Japan and Viet Nam’s company can cooperation with each other to promote supporting industry. Mr. Nguyen Tuan, Vice Director of Investment & Trade Promotion Center (ITPC) said that to promote and support the supporting industries in Vietnam, We coordinate with the JETRO HCMC and Reed Tradex to organize “Business Alliance 2014 for Supporting Industry.” This is a good opportunity for the parties to seek new customers, suppliers, and business partners, as well as look for advanced technologies. Mr. Hirokata Yasuzumi, Managing Director of JETRO Ho Chi Minh City said that Vietnam’s metalworking and supporting industries have developed and are growing very fast, attracting foreign companies to invest in the country. Therefore, Vietnamese manufacturers need to upgrade their technology in order to raise the productivity in terms of quality and quantity. This year, we organize “Business Alliance 2014 for Supporting Industry”, which is co-located with “METALEX Vietnam,” “NEPCON Vietnam,” and “Industrial Components & Subcontracting.” This will be the only event where industrialists can upgrade their metalworking and electronics manufacturing with the latest machine tools and solutions as well as enhance their business opportunities by meeting parts buyers from Japan, Thailand, and more. Mr. Atsushi Hisano, Director for Attraction of Foreign Direct Investment in Tokyo, Commerce and Industry Division, Bureau of Industrial and Labor Affairs, Tokyo Metropolitan Government said that Because it is hard for Japanese companies to work alone, Tokyo Motropolitan Government has supported 14 companies so that they can come to Viet Nam to exchange technique and cooperate with Viet Nam company. Viet Nam’s supporting industry is developing more and more so they need modern technique for promoting industry and I think we can help them. Mrs. Pho Nam Phuong, Director of Investment and Trade Promotion Centre said that as JETRO HCMC and ITPC jointly organize “Business Alliance 2014 for Supporting Industry” which is co-located with METALEX Vietnam and NEPCON Vietnam, we hope that Vietnamese and foreign enterprises could get their business developed and expanded from attending these events. I believe that these exhibitions will definitely enhance Vietnam’s supporting industries to upgrade production skill of workforce and quality of materials to compete with global market. Mr. Sotaro Nishikawa, Chief Director of JETRO IBARAKI said that this is my 4th time visiting this show and I can confidently say that the supporting industries in Vietnam are going to be develop more and more in the future. Vietnam will become a potential market to promote the supporting industries. 20 entrepreneurs from Japan joined my visit today. I hope that this exhibition will be a good opportunity for both sides to collaborate in the long run. Mrs. Malinee Harnboonsong, Director of Thai Trade Center, Department of International Trade Promotion, Ministry of Commerce, Royal Thai Government said that today, 50 companies join in the show and 24 companies are engaging in auto, metal, and others industries. In the future, DITP will support this kind of event to connect 2 countries in order to be supported by many foreign trade activities so that 2 countries can interact together. The show is useful to supporting industries in Vietnam because many Thai companies invest here and look for partners in mechanical industry. This show represents a trade platform with bilateral connections to promote stronger relationship between Vietnam and Thailand. Mr. Suthiket Thatpitakkul, Investment Promotion Officer, Senior Professional Level of BOI Unit for Industrial Linkage Development (BUILD), Thailand Board of Investment (BOI) said that I think Vietnam is one of the attractive countries foreign companies should invest in as Vietnam’s supporting industries are growing continuously. Vietnamese manufacturers need to improve their productivity in terms of quality and quantity in order to acquire new customers. Attending METALEX Vietnam and NEPCON Vietnam will help industrialists to meet with business partners and have a good preparation for the upcoming AEC in 2015. Mr. Viroj Sirithanasart, President of Alliance for Supporting Industry Association said that A.S.I.A looks for foreign business partners in order to enhance the supporting industries. Due to the upcoming AEC, I think Vietnamese parts makers will need to use advanced technologies to produce more complex parts. I hope that I would be able to meet with subcontractors and business partners for future business. Mr. Adam See, President of Association of Electronic Industries in Singapore (AEIS) said that the growth in Vietnam’s electronics and supporting industries will be phenomenon over the next few years. Also, Singaporean companies would like to be part of this driving Vietnam’s electronics industry in terms of investments in machinery. Thus, attending NEPCON Vietnam would support and strength the relationship between Vietnamese and Singaporean electronics industries. NEPCON Vietnam will be a great platform where Vietnamese and the regional electronics manufacturers can source for new technologies to enhance their production. Mr. Faizal Izany Mastor, Trade Commissioner of Malaysia External Trade Development Corporation (MATRADE) said that Exhibitions like METALEX Vietnam and NEPCON Vietnam offer both Malaysian and Vietnamese manufacturers a very good chance to form new business partnerships. They can also search for newest technologies to upgrade their productivity. Ms. Grace Chen, Specialist of Taiwan Association of Machinery Industry (TAMI) said that Recently, Vietnam’s supporting industries are rising continuously, affecting Vietnamese manufacturers to keep themselves updated on the developments at all time and to look for new technologies in order to remain competitiveness. I believe these shows are unique platform for industrialists to source for efficient technologies from leading providers, including Taiwan, to upgrade their production. The next edition of “METALEX Vietnam 2015 (MXV)” Vietnam’s International Exhibition on Machine Tools & Metalworking Solutions for Production Upgrade, will be held again during 8 - 10 October 2015 at Saigon Exhibition & Convention Center (SECC) (Phu My Hung) or TT Trien Lam Saigon, Ho Chi Minh City, Vietnam. For more info : www.metalexvietnam.com
By MDM ,2014-09-05 14:05:28
The Fastenal Company (Nasdaq: FAST), Winona, MN, reported sales for August of $326.9 million, a 9.8 percent increase over the same period a year ago. Daily sales increased 15 percent to an average of $15.6 million. During the month, sales to manufacturing customers grew 14 percent, while sales to nonresidential construction customers grew 9.4 percent. Two new stores opened in the month and employee headcount increased 12.8 percent year-over-year to 18,210.
By Ken Liu ,2014-08-01 09:47:55
The Foxconn Technology Group of Taiwan will reportedly use self-made “Foxbot” to assemble Apple's iPhone 6, which will be the world's first smartphones to be assembled by robots. According to online media 9to5 Mac, Foxconn, Taiwan's No.1 ITC subcontractor by revenue, is preparing to automate assembly with robots, with the iPhone 6 to be the first to roll off the lines. Each of the 10,000 Foxconn robots for the assembly lines costs US$20,000-25,000 and can assemble 300,000 smartphones on average. Media reported Hon Hai chairman Terry Gou as saying that the robots are in the final testing stages and won't be for sale to outsiders due to insufficient volume for internal use, on which Foxconn has declined to comment. Industry executives feel such robotic automation is the group's first step to boost production efficiency and its next step is to further enhance competitiveness by linking the robots to the Internet of Things to enable inter-communication. They said the group's factory in the Henan Province capital of Zhengzhou, China, will be the group's first plant to deploy robotic production for it has assembled iPhones mostly at this location. They also noted that such automation shows the group's breakthrough in robotic manufacturing after Gou pledged in 2011 to build an army of one million robots in three years, with Gou saying the group will add 30,000 robots annually. Industry executives sayid Foxconn's robots will play only an auxiliary role initially, mainly to install screws on housings, assemble exterior parts and polishing, and that the group's robots have achieved technical breakthrough in boosting defect-free assembling. After allying with Softbank of Japan to invest in robotic manufacturing, Foxconn plans to partner with American enterprises on such technology and Google is reported to be a partner. The group will later use robots in healthcare and household applications. Driven by the news on the latest Foxconn-Apple deal and more new Apple products to be launched in H2, 2014, industry executives estimate Foxconn's earnings-per-share at NT$8.97 for 2014 (up 9.4% YoY), NT$10 for 2015 and NT$10.54 for 2016. (KL)
After a short break from 2014 Fastener Expo Shanghai, the representative of ChinaFastener Magazine exhibited in the 18th M-Tech Tokyo during 25-27 June. Japanese companies account for nearly 90% of the 900 exhibitors. 18 exhibitors of fasteners came from Korea and 17 from China mainland. Most of Chinese exhibitors came together with translators since about 95% of the visitors are Japanese. CFM's Booth E32-16 Some of the Chinese exhibitors also went to Fastener Expo Shanghai 2014 as well as CFM representative, like ChinaFar, Jiaxing Zhengying, Ningbo Jinding, Eagle Metalware ,Jiaxing Zhapu, Jiashan Yongxin etc. Jiaxing Zhengying Jiaxing Chinafar Eagle Metalware The 18th Mechanical Components & Materials Technology Expo (M-Tech), 5th Medical Device Development & Manufacturing Expo (MEDIX), 25th Design Engineering & Manufacturing Solutions Expo (DMS), 22nd 3D & Virtual Reality Expo (IVR) was held during the same period. Satisfaction was found on everybody’s smiling face Representative of Korea Group Taiwan Group CFM representative recommended appropriate suppliers and was astonished by the creative decoration of exhibitors at scene. It is said that, the fastener industry is relatively stable and closed in Japan. Fastener companies tend to buy steel , cold header ,heat treatment facilities and other related materials at home. During CFM’s short interview with Chinese exhibitors, some of them also said that :” In fact, the main reason for us to come to the show is that we really want to know the development of fastener industry in Japan and see what we can learn from them.”
During 3-5 June the 15th Hardware + Tools Middle East grandly opened in Dubai International Convention and Exhibition Centre (DICEC), Dubai, United Arab Emirates, showcasing the Product Groups of TOOLS, HARDWARE, CONSTRUCTION & BUILDING MATERIALS, and MACHINERY. CFM's booth No (HT711) Being as the most delicate hardware fair in the region, Hardware + Tools Middle East 2014 has attracted 230 exhibitors from 13 different countries, including China ,India, France, Germany, Italy, Poland etc. Among them, most of the exhibitors came from China. Chinese exhibitors counted 155 and 9 came from Chinese Taipei. About 17 Chinese fastener companies took part in this big event, such as Dongtai QB, Yuyao Mingfeng, Ningbo Sijin, Jiashan Yongxin, Haiyan Sansega, Haiyan Ronghua, Shanghai Anzi, Wuxi Hezi, Haiyan Brother United, Haiyan Hongcheng etc. Shanghai Anzi Haiyan Ronghua Ningbo Sijin Yuyao Mingfeng Jiashan Yongxin Haiyan Sansega Wuxi Hezi Haiyan Brother United Haiyan Hongcheng As the affection of many of EU’s anti-dumping duties, Chinese fastener companies are eager to open new market. It is reported that Dubai had imported 72,583 tons of fasteners from China in 2013, which counted 26% of the total import amount. The export value of fasteners imported from China is 113.2 million dollars. During the last 10 years, the population and number of tourists surged in a great deal. CFM journalist noticed that there are at least 10 five star hotels which are in preparation. Furthermore, the government investment on hardware and architectural projects will possibly exceed 200 billion dollars in 2015, like the expansion of AUH, Dubai Rail Project, City of Arabia in the biggest theme park Dubai Land etc. All that indicate the great potential of fastener market in the Middle East. Suppliers scanning CFM magazine CFM journalist recommending CAS members to buyers As the professional media in fastener industry, ChinaFastener Magazine (Booth No.HT711) took part in the trade show to recommend excellent fastener suppliers to the international buyers. The 15th issue of ChinaFastener Magazine was warmly welcome by the overseas buyers. CFM journalist also made reference of suppliers to them based on their specific needs. They expressed great interest in Chinese companies
The second Indo Fastener show was successfully held on 14th May this year. It will last for three days. Being as one of the major media partner of the show, CFM exhibited and learnt about the current market situation of Indonesia. According to the official statistic, there are 26 fastener companies from mainland China exhibited in the show, taking a large proportion among all together 49 exhibitors. 15 Taiwan companies exhibited the show. Several famous firms were very popular at the scene, like Special Rivets, Changshu 5 Rich Hardware, Shanghai Rivet, Shanghai Jingyang, Ningbo Sijin, 3 Star Rivet, Zhejiang Taisheng etc. CFM's booth G20 SRC Changshu 5 Rich Hardware Shanghai Rivet Shanghai Jingyang 3 Star Rivet Zhejiang Taisheng During the same period, the 7th Indonesia International Automotive (Components, Spare Parts, Tools and Accessories Exhibition ) is held concurrently. And one exhibitor came from mainland China among 44 firms. About 2170 visitor came to the show on the first day. Handan Ruiqiang, S&D Fasteners, Foshan Kuiloon also witnessed the show. Most of the buyers came with specific buying requirements and had business contact with Chinese supplier before. ChinaFastener Magazine recommended CAS members according to the their need at the scene. （What is CAS member? Click Here) Jiangsu Zhenya Ningbo Maowang Some exhibitors told CFM journalist that though the visitors were not as many as they’ve imagined, but the buyers are very professional and determined. They believed this to be a good chance to develop business relationship after the show. Affected by the continuously execution of anti-dumping duties in European markets, many fastener companies now intend to increase their market share in Southeast Asian. Thanks to the free trade agreement between China and Southeast Asian Union, both side can enjoy zero tariff. In 2013, Indonesia imported $66 million fasteners from China. As is noticed by CFM journalist, many street reconstruction has been taken in Indonesia which indicated huge need for constructional fasteners. It will also bring a great deal of promotion to auto fastener industry, too. It is believed that Indonesia may offer huge business prospects.
On Apr 14-15, China Fastener Magazine participated in Taiwan International Fastener Show 2014 as to promote business for Chinese fastener companies and get the lastest fastener news. The show was held every two years in Kaohsiung Exhibition Center, KEC, this is CFM's second attendence. Held right in the middle of Taiwan’s largest and most dynamic industry cluster, the scale and the number of participants of the show had doubled compared to 2012. There are about 330 companies and thousands of attendees from Germany, France, America, Japan, Great Britain, Austrilia etc, all together 20 foreign countries. China Fastener Magazine distributed the 15 issue to many international buyers, like THEO FOERCH, Reisser, Wurth, Domax, Al Wehdah Star, and gave recommendation about the famous Chinese suppliers to them. The opening ceremony of the show and Kaohsiung Exhibition Center was hosted by the vice president Wu Don-Yih, together with the mayor of Kaohisung city Chen Chu and many other honored guests. It took 3 billion TWD to build Kaohsiung Exhibition Center ,pointed out by Chang chia-juch, minister of economic affairs. CFM with profession fastener buyer Autolink All the exhibitors are local companies ,most famous cooperations had planned their booth with delicate taste, such as Chun Zu, SAN SHING FASTECH, CHITE,TYCONE. The leading steelmaker Sinosteel also exhibited in the show which indicates the close cooperation of the industrial chain. Puma FX San Yong Electric Heat TALKYU
2014 Five Region Fastener Association Conference was successfully held on 13 Apr in KECC Taiwan .Five Region Fastener Association Conference is a yearly event held by the regions of Mainland China, Hong Kong, Taiwan, South Korea and Japan. It was Taiwan Industrial Fastener Institute's turn to hold it this year. There are about 200 attendees in the conference. Among them, 27 of them came from South Korea, 36 from Japan, 52 from mainland China, 52 from Taiwan China, 36 from HK China. ChinaFastener.com witnessed the big event as one of the most influential media in the industry, providing technical support for the conference. 2014 Five Region Fastener Association Conference was officially opened at 2 o’clock in the afternoon. Concentrating on the development of fastener industry in the past one year, the representatives of five regions made an industrial report respectively. They were Mr. Thompson T.H.Chang, president of Taiwan Industrial Fastener Institute;Mr. Feng Jinyao, chairman of China Fastener Industry Association; Mr. Lin Zhi Ming, chairman of Hongkong Screw & Fastener Council; Mr. Yu Zhenshan, president of Korea Federation of Fasteners Industry Cooperatives; and Mr. Katsuyoshi Okawa, chairman of the Fasteners Institute of Japan. The holding of Five Region Fastener Association Conference not only strengthen the friendship and communication among five regions, but also provide a platform for entrepreneurs to learn the latest development of fastener industries in five regions and plan the next step to develop enterprises. After the cheerful intermission, Mr. Thompson T.H.Chang gave speech on the theme of " Yesterday, Today and Tomorrow of Taiwan Fastener Industry" and showed great confidence in future development. With the announcement that the next year’s Five Region Fastener Association Conference will be held in Hongkong by Hongkong Screw & Fastener Council, 2014 Five Region Fastener Association Conference came to an end.
Considered as the leading trade fairs throughout the world, Wire Düsseldorf was grandly opened on 7th Apr 2014 in the trade hub of Düsseldorf, Germany. Being as one of the most influential media in fastener industry, ChinaFastener Magazine had a successful kick-off on the exhibition by distributing the newly published 15th issue magazine and recommending quality suppliers to the visitors. CFM exhibits in the 2014 Wire Düsseldorf "Visitors pouring in at all three entrances and bustle and bustle in 15 exhibition balls; the first impression doesn’t lie. Wire and Tube 2014 can look back on a very successful first day," Friedricb-Georg Kebrer, Director of wire and tube 2014, is obviously happy about the first day of the events. "Overall we expect more than 70,000 visitors from all over the world, who want to experience five days of innovations in the fields." The space area has a 4% increase to 50,500 square meters. According to the data offered by VDMA（German Engineering FederationIn) on the show, the output value of mechinical equipment worldwidely in 2013 is 2,225 biliion euros, slightly declined from 2,230 billion euros in 2012. German ranked as the third biggest mechinical equipment manufacturer and accounted for 11% share of the output value，says 2,460 billion euros. China topped among all the other countries with the output value of 7660 billion euros, which took 34% of the world's whole output value. America's output value reached 3,260 billion euros, ranking second on the list. And Japan ranked forth as its output value was 1,930 billion euros. CFM was also infected by the hot scene and had pleasant talking with many professional buyers .Most of them find ChinaFastener Magazine to be very beneficial for them to learn the latest market trend of Chinese fastener industry. And the column of Buyer's Guide ,which include nearly 500 excellent fastener suppliers’ information, facilitates buyer’s purchasing in a great deal. CFM with BRANKAMP CFM noticed that the big shots in the industry are gathered in this splendid event, such as Shanghai Fast-Fix, SRC Metal, Lianyungang Xingyi, Jiangsu Washen, Jingjiang Hengfeng, Shanghai Rivet, Jiaxing Allywin, Jiaxing Chinafar, Ningbo Jingle, Zhejiang New Oriental, Wenzhou Kaixu, Wenzhou Jinsheng. And 3View, Brankamp, Accuvision, Carlo Salvi, Chun Zu, CPM, Sacma, Jern Yao, Nakashimada, National Machinery, Nedschroef, Sakamura Machine, Sala, Simufact, Videx and so on also said that they would participate in 2014 Fastener Expo Shanghai. Since the economic crisis, wire and cable machinery industry has been experiencing a significant uprising in orders and sales. Despite current regional risks and uncertainties, the outlook for global growth, as predicted by economic experts at 3.4 percent GDP for the year 2014, is supported by the global economic recovery.