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The 22nd Fastener Trade Show Was Successfully held in Suzhou
As a grand festival for global fastener suppliers and buyers, the 22nd Fastener Trade Show Suzhou opened its doors from 26-28 October 2022 at Suzhou International Expo Center (SIEC), Jiangsu Province, China. The show occupied halls D1 and E1, with a total exhibition area of 12,000 square meters,...Read More -
Big Issue Concerning Every Fastener Enterprise: Does The Fastener Industry Need Intelligentization?
In recent years, with the rapid development of intelligentization in our country, intelligentization has merged almost all industries. From automatic production equipment in the production workshop to intelligent transportation tools, such as outdoor unmanned cars, cargo robots, small unmanned a...Read More -
How Will The Steel Industry Deal With The Current grim Situation In The Second Half Year Of 2022?
Looking back to the first half of 2022, steel prices fall steeply, affected by the epidemic, macroeconomic data fell significantly, downstream demand sluggish. At the same time, Russia-Ukraine conflict and other factors leadto high prices of raw materials, and steel mills and the market profit is...Read More -
The Turnover Of Machine Tool Enterprises InThe First Five Months Drops
The latest data of China Machine Tool Industry Association shows that Shanghai and other places are still in strict control of the epidemic in May and the impact of the epidemic is still srious. From January to May 2022 , the operating income of China machine tool industry association’s ke...Read More -
Fastenal Sales Up 18% in Q2
Industrial and construction supply giant Fastenal on Wednesday reported sharply higher sales in its latest fiscal quarter. But the numbers reportedly fell below what analysts expected for the Winona, Minnesota, distributor. The company reported $1.78 billion in net sales in the latest reporting ...Read More -
IFI Announces New Board Leadership
The Industrial Fasteners Institute (IFI) has elected new leadership for the organization’s board of directors for the 2022-2023 term. Jeff Liter of Wrought Washer Manufacturing, Inc. was selected to lead the board as chairman, along with Gene Simpson of Semblex Corporation as the new vice chairma...Read More -
General Administration Of Customs: China’s Foreign Trade Is Expected To ContinueTo Maintain a Stable Growth
In the first half of this year, the total value of our country’s import and export is 19.8 trillion yuan, increased by 9.4% as compared with the previous year’s figure , of which the export value is 10.14 trillion, increasing 13.2% and the import value is 3.66 trillion, increasing 4.8%. Li...Read More -
China’s FDI inflow up 17.3% in first five months
Employees work on an electronics production line of Siemens in Suzhou, Jiangsu province. [Photo by Hua Xuegen/For China Daily] Foreign direct investment (FDI) into the Chinese mainland, in actual use, expanded 17.3 percent year-on-year to 564.2 billion yuan in the first five months of the year, t...Read More -
Ukraine Crisis Takes a Heavy Toll on Japanese Small and Medium Fastener Companies
Kinsan Fastener News (Japan) reports, the Russia-Ukraine is creating a new economic risk that is pressing against the fastener industry in Japan. The increased price of materials is reflecting in selling price, but the Japanese fastener companies still find themselves unable to keep up with the ...Read More
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