On October 7 (local time), the Fastenex was successfully held in Moscow. CFM participated in the exhibition with the latest 43rd issue of China Fastener Magazine (CFM), focusing on showcasing the strength of outstanding Chinese fastener manufacturers to the international market (CFM Booth No.: A2023).

Fastenex was held concurrently with Weldex, featuring a dual-theme integration of "fasteners" and "welding”, bringing together approximately 190 enterprises related to the global industrial chain, among which about 60 were Chinese exhibitors, accounting for nearly one-third of the total. This highlights the attention and determination of China's fastener industry to explore the Russian and Commonwealth of Independent States (CIS) markets. Notably, most of the exhibitors in the fastener exhibition area were from China, while Russian local enterprises dominated the welding exhibition area.

As a professional media and service platform in China's fastener industry, CFM participated deeply in this exhibition. It not only conducted in-depth exchanges with industry peers on-site but also extended a warm invitation to numerous overseas buyers, inviting them to attend the Fastener Expo Shanghai, which will be held from June 24 to 26, 2026.

This initiative aims to build a dedicated and efficient face-to-face negotiation platform for global fastener buyers and Chinese suppliers, further smoothing and consolidating the fastener trade channel between Europe and Asia.

With the steady development of Russia's infrastructure, energy, machinery manufacturing, automotive, and other industries, the demand for various types of fasteners remains stable. Especially against the backdrop of adjustments in Western supply chains, there is a huge supply gap in the market that needs to be filled.

Russia's local fastener production capacity is relatively limited, especially in the fields of high-end, special, and high-value-added products. The market has a high dependence on imported products, particularly cost-effective Chinese products. Relying on its complete product range, stable quality, and competitive prices, Chinese fasteners enjoy broad development space in the local market.

According to data compiled by CFM, in 2024, the value of Chinese fasteners exported to Russia reached USD 567,445,835, a year-on-year increase of 28.6%. Leveraging its advantages in price and quality, China has occupied an important position in the Russian fastener market and has now become one of its largest sources of imports.