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TR Responds to Unprecedented Global Sheet Metal Fastener Demand 2020-07-15
The outbreak of the Covid-19 pandemic created a surge in global demand for medical equipment, with the subsequent knock-on effect of a huge demand for sheet metal fasteners, specifically for those companies producing essential equipment, including ventilators. International speci...
MoreHandan, a fastener market you can't ignore! 2020-07-14
Known as "The fastener Capital of China" in the fastener industry, Handan Yongnian is the largest distribution center for the production and sales of standard parts in China.After years of development, Yongnian industry chain has formed a complete industrial chain from ...
MoreChina's rail freight transport up 3.6% in H1 2020-07-13
A China-Europe freight train pulls out of Alataw Pass in northwest China's Xinjiang Uygur Autonomous Region, April 12, 2020. (Xinhua/Sadat)China's rail freight transport volume, an indicator of broad economic activity, rose 3.6 percent year-on-year in the first half of th...
MoreGerman carmaker Daimler to acquire stake in Chinese battery cell manufacturer Farasis 2020-07-10
Hubertus Troska, Daimler board member for China operations, presents Mercedes-Benz's electric EQC SUV at the Shanghai auto show in 2019. [Photo provided to China Daily]Daimler would expand its partnership with the Chinese battery cell manufacturer Farasis Energy (Ganzhou) and...
MoreVietnam imports less steel in first 6 months 2020-07-09
Vietnam spent more than four billion U.S. dollars importing roughly 6.8 million tons of steel and iron in the first six months of this year, down 16.3 percent in value and 5.4 percent in volume against the same period last year.The major market supplying steel and iron to Vietnam...
MoreS.Korea's imported car sale jumps 41.1 pct in June 2020-07-08
South Korea's imported car sale jumped in double figures last month on a temporary tax cut for vehicle purchase and the rollout of new models, industry data showed last Friday.The number of foreign luxury cars sold here was 27,350 in June, up 41.1 percent from the same month ...
MoreBoost confidence to expand new markets 2020-07-07
Many traditional foreign trade enterprises have accelerated digital transformation, given full play to the traction role of cross-border e-commerce and other new forms and models, and achieved growth against the trend. To cushion the blow of the COVID-19 pandemic, the organizing ...
MoreBulten is awarded a major FSP contract 2020-07-06
Bulten has been awarded an FSP (Full Service Provider) contract for supply of fasteners to a European automotive manufacturer which is also one of its existing customers.The contract is a transfer of an ongoing FSP set up for two assembly plants and the annual order value is of a...
MoreIran offers projects, supports for domestic auto parts producers 2020-07-03
Iran's major carmaker Iran Khodro (IKCO) has introduced 175 projects to engage domestic auto parts producers, Eghtesad Online news website reported on June 28.To this end, Iran's Tejarat Bank has agreed with the IKCO to financially support small and medium-sized domestic ...
MoreMexican auto parts industry could see investments of over 5 billion USD in 2020 2020-07-02
Classic cars are displayed during the inauguration of the 2015 Mexico FIA Motorex, as part of the World Motorsport Week, at Banamex Center in Mexico City, Mexico, on July 8, 2015. (Xinhua/Alejandro Ayala)After an long, arduous road the U.S.-Mexico-Canada trade agreement (USMCA) t...
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