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How Covid-19 has impacted Italy 2020-05-06

A deeply-felt personal insight to the impact of the coronavirus pandemic on Italy, its people, businesses and hope from Gian Marco Dalpane, president of UDIB, the Italian association of fastener distributors, and Massimo Grazia, UDIB board member.The Covid-19 pandemic, in Italy, ...

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Carmakers in Europe and the US return to work 2020-04-30

Employees work on an assembly line during a construction completion event of SAIC Volkswagen MEB electric vehicle plant in Shanghai, Nov 8, 2019. [Photo/Agencies]Carmakers in Europe and the US, hard hit by the latest outbreak, are returning to work on a limited basis. Among ...

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High iron ore price abnormal 2020-04-29

Iron ore is moved by a giant crane at a port in Meizhouwan of Quanzhou, Fujian province. [Photo/Xinhua]Decline forecasted due to excessive global output and cheap scrap metalThe start of 2020 saw slumps in steel prices but fluctuations in imported iron ore prices at high levels, ...

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March 2020 crude steel production 2020-04-28

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 147.1 million tonnes (Mt) in March 2020, a 6.0% decrease compared to March 2019. Due to the ongoing difficulties presented by the COVID-19 pandemic, many of this month...

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Import supply chain will face severe challenges 2020-04-27

Among China's overall imports, the top three commodities imported from the US are aircraft, spacecraft and related components (54.4 percent), engines (42 percent), and cotton (33.6 percent). Other imports from the US also accounted for an important proportion, such as optical...

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Stainless Steel Fasteners - Part 2 2020-04-26

Stainless Steel Fasteners - Part 2 Some exhibitors participating in IFS China 2020 can be listed as followed.Zhejiang Quanyou Standard Parts Co., Ltd.Booth No: H2-1312Zhejiang Quanyou Standard Parts Co., Ltd. is well equipped with various multi-station cold heading mach...

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No major exodus of foreign capital expected 2020-04-24

Employees work at the production line of Tianjin FAW Toyota Motor Co Ltd in Tianjin on Feb 18. [Photo/Xinhua]Though the COVID-19 pandemic has had an impact on foreign-funded companies operating in China, the possible withdrawal of some United States and Japanese companies will no...

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Wurth group releases 2019 financial results 2020-04-23

Sales increased by 4.8% to a record  €14.27 billionOperating performance dropt to €750 millionAccording to preliminary annual financial statements, Würth group sales in 2019 were €14.27 billion (€13.62 billion in 2018), up 4.8%. Taking into account the monetary effect of...

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Fastener enterprises how to control product quality strictly? 2020-04-22

Quality is the guarantee of brand image and product reputation. Quality is the decisive factor in the sales of products, without a good product quality can not have a good market.So, how to control product quality?1. Strengthen the leadership of quality management, form a quality...

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Need to seek opportunities for growth outbreak offers 2020-04-21

A technician works at a numerical control equipment plant in Dalian, Northeast China's Liaoning province. [Photo/Xinhua]China's GDP contracted by 6.8 percent year-on-year in the first quarter of this year because the novel coronavirus outbreak seriously disrupted economic...

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