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China Fastener Market is facing chances and challenges 2019-11-09
The World’s GDP was $87.5 trillion in 2018, and global industrial GDP accounted for 25 percent of the total, indicating that the fastener market is still growing and will continue to grow in 2019. In 2008, the total value of China's foreign trade reached a new high of over 3...
MoreMajor economies reap benefits of complementary trade, cooperation 2019-11-08
China and Brazil - two champions of economic globalization - will create jobs, two-way trade and investment opportunities in the next stage of their partnership boosted by the development of political ties and the Belt and Road Initiative, said officials and experts.Trade between...
MoreVietnam's automobile import surges 50.9 pct in 9 months 2019-11-06
Vietnam spent nearly 5.5 billion U.S. dollars into importing completely-built automobiles and components for assembly in the first nine months of this year, posting a year-on-year rise of 50.9 percent.Specifically, the country imported 108,929 completely-built automobiles worth r...
MoreChina's steel production expands steadily in Jan-Sept 2019-11-05
China's steel output posted steady growth in the first three quarters amid increasing market demand while the steel enterprises saw shrinking profit due to rising cost, according to an industry association.Crude steel output totaled 748 million tons in the first nine months, ...
MoreJapan's fastener Export to China Drops (From Jan to July 2019) 2019-11-04
Japan's fastener export to China is decreasing the Japanese steel bolt export value to China during Jan. and July 2019 landed at JPY 17.2 billion, down 13% from the same period last year; the export volume was 24.9 thousand tons, down 19% from the same period last year. In th...
MoreExperts urge action to boost steel industry 2019-11-01
More measures are expected to be put in place to battle China's sluggish steel and iron market as major producers experience a slump in profits, industry officials and experts said."Steel and iron producers should step up efforts in expanding markets, optimizing business...
MoreWurth Industry North America Acquires Fasco Fasteners 2019-10-31
Wurth Industry of North America(WINA)announced that it has acquired Fasco Fastener, a strong brand and 40 year distributor of stainless steel, silicon bronze and brass fasteners to the wholesale, OEM and large retailer trade. The purchase will better serve the needs of wurth...
MoreFastener Sales from China to Europe grow 12. 8% This July 2019-10-30
This June China's fastener sales to Europe slipped to 67, 487 tons and the sales this July bounced back to 70, 420 tons, up 4.3% from June(and up 12.8% from the same period last year). However, the export price of Chinas fasteners to the EU continued to drop and the cumulativ...
MoreIFS China_Overseas Promotion Swept the world In October 2019-10-29
Last month, IFS China participated in The Fastener Expo in Birmingham, U.K, International Fastener Expo in Las Vegas, USA and IIHT-Hand Tools & Fastener Expo in Mumbai, Indian. IFS China members expanded their promotion efforts again. So, what did IFS China members ...
MoreSino-US economic ties set to improve 2019-10-28
Economic cooperation between China and the United States is expected to strengthen and help contain prolonged trade tension as cooperation is in line with the interests of both sides and China keeps advancing high-level opening-up efforts, experts said.Huo Jianguo, former preside...
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