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Racing into an 80 Years Milestone- SACMA Impresses the Industry with“High Speed" in Monza 2019-12-06
On October the 8th, 2019, the world's leading and Italy headquartered fastener manufacturing machinery producer SACMA LIMBIATE S.p.A., organized a grand event in one of the world's oldest racing track in Monza (Italy) in celebration of the significant 80th anniversary mil...
MoreBrazilian president denies US accusation of devaluing currency 2019-12-05
Brazil's President Jair Bolsonaro and US President Donald Trump shake hands during a bilateral meeting at the G20 leaders summit in Osaka, Japan, June 28, 2019. [Photo/Agencies]RIO DE JANEIRO -- Brazil's President Jair Bolsonaro on Wednesday denied his administration has ...
MoreUS reimposes steel and aluminum tariffs on Brazil, Argentina 2019-12-04
An Alcoa aluminum plant in Alcoa, Tennessee, US is seen in this April 8, 2014 file photo. [Photo/Agencies]WASHINGTON -- US President Donald Trump announced Monday that the United States will restore the tariffs on steel and aluminum imported from Brazil and Argentina "effect...
MoreCarlo Salvi celebrates its 80th anniversary 2019-12-03
Carlo Salvi, a benchmark for cold forming headers – producing fasteners for the aeronautic, automotive and electronic sectors, celebrated its 80th anniversary in September. An occasion to remember the great story of the company from Lecco, Carlo Salvi SpA decided to sh...
MoreU.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 ...
MoreFastenal 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...
MoreChina 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...
MoreChina'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...
MoreTaiwan 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...
MoreForging 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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