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VIETNAM IMPOSES ANTI-DUMPING DUTY ON COATED STEEL IMPORTS 2020-01-03
Vietnam has imposed an anti-dumping duty on the import of some coated steel products from South Korea and China upon complaints by its domestic producers that unfair pricing by overseas competitors has caused them to close production lines.Vietnam Ministry of Industry and Trade w...
MoreThe China-US trade dispute Season One over! Facing challenges and opportunities? 2020-01-02
The fastener industry under both challenges and opportunities The decline in economic data of automobile, traditional energy and chemical industry, agricultural machinery, household appliances and electrical machinery in 2019 has affected our fastener industry to some e...
MoreThe China-US trade dispute Season One over! Impact? 2019-12-31
The impact of a trade war on manufacturingThere is a close relationship between trade wars and manufacturing. When it comes to manufacturing, China is an industrial superpower that straddles the lower, middle, even high tiers.China's demand for Fasteners has g...
MoreSteel industry entering fresh phase of slower output, higher quality focus 2019-12-30
China's steel industry is entering a new development phase of slower output growth but higher quality, industry experts said.Latest data from the Ministry of Industry and Information Technology showed China's crude steel output reached 904 million metric tons over the Jan...
MoreChina's decision to lower import tariffs to expand opening-up 2019-12-27
On December 16th morning, the Customs Tariff Commission of the State Council (CTCSC) announced that China will lower or remove import duties on a number of items, commencing in 2020, in a bid to expand imports. The new tariff rates will apply to over 850 items as of January ...
MoreGood news! 320+ equipment companies will join IFS China in June 2019-12-26
Cold Header, Rubbing Machine, Wire Drawing Machine, Tapping Machine...No matter how big or small fastener manufacturer is, or what industry it is engaged in, equipment is extremely important for the production of fasteners!Follow IFS China to check participatied equipme...
MoreChina secures steady industrial, IT growth for 2019 2019-12-25
China is expected to see steady growth of its industrial and information technology sectors this year, according to a meeting by the Ministry of Industry and Information Technology (MIIT).The country's total value-added of the industrial enterprises above designated size migh...
MoreWhat's the Impact on the fastener industry? 2019-12-24
The China-US phase one trade deal, reached on the basis of equality and mutual respect is undoubtedly good news for the manufacturing industry. However, now that a "phase one deal" has been secured, the trade war is finally given a platform of stability as the...
MoreWorld crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) 2019-12-23
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 147.8 million tonnes (Mt) in November 2019, a 1.0% decrease compared to November 2018.China’s crude steel production for November 2019 was 80.3 Mt, an increase of 4.0% com...
MoreThe China-US trade dispute Season One over! What's the Impact on the fastener industry? 2019-12-23
December 13: The China and the United States reached an agreement on the text of their phase-one trade deal.December 15: Tariffs on some imports from the United States are temporarily suspended, the Customs Tariff Commission of the State Council issued a...
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