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​U.S Manufacturing Production Decreased 0.6% in October 2019-12-02

Industrial production fell 0.8% in October after declining 0.3% in September, according to the latest data from the Federal Reserve. In October, the strike in the motor vehicle industry contributed to a drop of 1.2% for durables. Excluding motor vehicles and parts, the ...

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Fastenal Posts 4.3% October Sales Growth Was 13% in January 2019-11-29

Fastenal, which last week unveiled a preview of its new, large Winona, MN office that's soon to be under construction, shared its 2019 October sales information on Wednesday. And while the numbers show continued growth for the company, it's at a decelerated rate that matc...

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China Steel reduces Q1 2020 domestic prices 2019-11-28

Taiwan's China Steel Corporation announced domestic steel prices for the first quarter 2020 would decrease by an across grades average of 3.03%. Prices for bars and rods will reduce by TWD 1000/tonne.CSC says the global steel market atmosphere has turned from cautious to opti...

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China's crude steel consumption to exceed 900m tons in 2019 2019-11-27

Photo taken on July 22, 2018 shows a production line of H-shaped steel in Qian'an, North China's Hebei province. [Photo/Xinhua]BEIJING - China's apparent consumption of crude steel is expected to surpass 930 million tons by the end of 2019, industry information provid...

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Taiwan industrial production weakens in October 2019-11-26

Taiwan's industrial production index dropped 2.92 percent year on year in October, according to the island's economic affairs authority.The index stands at 113.54 points, dropping for the second consecutive month. The base value of the index was set at 100 based on indust...

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Forging industry hit by production slowdown at India Auto Inc 2019-11-25

The wholesale and retail sales numbers for India Auto Inc for October 2019 and the first seven months of the ongoing fiscal year are out. While retail vehicle sales during the festive season went up by 4 percent, wholesales saw a drop of around 12 percent overall , a challenging ...

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CBSA Announces Conclusion of Re-investigation on Certain Carbon Steel Fasteners from China and Taiwan 2019-11-22

The Canada border Services Agency(CBSA) has concluded a re- investigation to update the normal values and export prices respecting certain carbon steel fasteners originating in or exported from the People's Republic of China(China) and Taiwan and the amounts of subsidy respec...

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The recent CPC resolution and Sino-US relations 2019-11-21

The “Resolution of the Central Committee of the Communist Party of China on Upholding and Improving the Socialist System with Chinese Characteristics and on Modernizing the System and Capacity for the Governance of China” was adopted at the Fourth Plenary Session of the 19th CP...

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INDUSTRIAL FASTENERS MARKET 2019-11-20

The automotive industry is expected to witness enormous growth across the world over the forecast period. This growth is attributed to the increased manufacturing of automobiles since automakers are constantly developing drive-trains and more efficient engines to reduce fuel...

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Poland Ranked the 5th Largest Fastener Market in Europe 2019-11-19

According to the report of Plus Biznesu Daily, the polish fastener market is one of the largest fastener markets in Europe and it is also expected to climb to the 3rd largest in couple of years. There are 120 fastener manufacturers in Poland, whose production value in total reach...

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