Sign In  |  Join Free  |  Contact |  Help
Taiwan Hui Hung Industry Co., Ltd

Home > News > Exibition & Association News > Korea Metal Week 2018 had its Grand Opening in Seoul

Korea Metal Week 2018 had its Grand Opening in Seoul

By CFM , 2018-10-31 12:00:00

Share to:


On October 30th, 2018, Korea Metal Week 2018 had its grand opening at Kintex, the biggest and newest international exhibition center in Seoul. Exhibitors from around the world got together and discussed the development of the industry. ChinaFastener.com (booth number: 3G166) had a close conversation with many buyers and exhibitors and presented our latest issue of ChinaFastener Magazine. This exhibition lasts for 4 days, and it will be closed on November 2nd, 2018.

微信图片_20181030111243.jpg

Korea Metal Week 2018 comprises eleven well-organized fairs integrating all metal production technologies such as Fastener & Wire Korea, Composite Korea, Pump Technology Industry, Laser & Welding Korea, Aluminum Korea, Foundry & Die Casting Korea, Automobile & Machine Parts Korea, Press & Forging Korea, Tube & Pipe Korea, Metal Surface Treatment & Painting Korea, and 3D Technology Korea.

8. 华网记者和采购商.jpg

ChinaFastener.com Boot Number: 3G166

Korea Metal week started in 1989. Today, it is Korea’s most important trade fair for the metal industry. Korea Metal Week 2018 attracted more than 350 exhibitors. There are 68 exhibitors in Fastener & Wire Korea. 18 of them are from mainland China, including Suzhou Washen Import & Export Co. Ltd., BSC Corporation Ltd., Jiashan Jiarui Fastener Co. Ltd. and Shanghai UAZNC Precision Technology Co. Ltd, etc.

1. 江苏华盛.jpg

Suzhou Washen Import & Export Co. Ltd.

2.上海博世诚.jpg

BSC Corporation Ltd.

3.浙江嘉善嘉瑞.jpg

Jiashan Jiarui Fastener Co., Ltd.

4.上海岳展.jpg

Shanghai UAZNC Precision Technology Co. Ltd.

1540969534(1).png

Other Chinese Exhibitiors

Mainland China and Korea have built a close business relationship for many years, and mainland China is the biggest trading partner of Korea. However, Korean government planned to imposed 4.43% - 15.71% anti-dumping duty on zinc-coated low-carbon steel wire against enterprises from mainland China in 2017.

In spite of this, most exhibitors from mainland China stated that mainland China and Korea had great complimentary needs in resources, labor, industrial structure, markets, capital, technology and corporate management. These factors have built a solid foundation for the bilateral FTA in the future. Therefore, what enterprises should do right now is to upgrade their products to make their products more competitive in the international market.

As the world’s 11th largest economy with a trading volume ranked 6th in the world, Korea plays a key role as a test-bed market and bridge to the Asia Pacific region’s major economies. It is estimated that in 2016 there were around 463 fastener manufacturing enterprises with an average output value of 8.8 million US dollars.

Through communication with the buyers on site, ChinaFastener.com learned that the Korean average individual output value decreased in 2018. This was mainly due to the pressure imposed by the US and the increasing output value of overseas manufacturing enterprises. In particular, display device industry was rather depressed.

Walking around, chinafastener.com found that fastener products displayed by Korean exhibitors were mainly automotive fasteners, while products displayed by Chinese exhibitors were mainly construction fasteners, such as gear rack, self-drilling screws and expansion bolt, etc.

产品照.jpg

Fastener Products

Korea Metal week 2019 will be held from June 19th – 21st, 2019. If you are interested in Korean market, this exhibition is worth visiting.

For additional information, please contact ChinaFastener.com at (+86-20)82270680, email editor@chinafastener.com or visit the website at www.chinafastener.com.

微信图片_20181030111317.jpg

Remark on News

Overall Rating2 reviews

  • 2 People
  • 0 People
  • 0 People
  • 0 People
  • 0 People

Evaluate the Details

Comment from on Korea Metal Week 2018 had its Grand Opening in Seoul:

Good.

2018-10-31 03:22:54
Comment from on Korea Metal Week 2018 had its Grand Opening in Seoul:

Good.

2018-10-31 03:09:59
Overall Rating:
Click the stars of the show rated
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