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Industry News

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Manufacturing Expo 2019 Ends with Confirmed Record201fastener
fastenerManufacturing Expo 2019 has ended with the confirmed record of attendants. The four-day event ( June 19-22, 2019) held at BITEC, Bangkok, Thailand has attracted totally 95,668 participants. China Fastener Info (CFI)...

German construction industry significantly raises growth forecast for 2019168fastener
Germany's HDB construction industry association has raised its growth forecast for revenues from 6.0 percent to 8.5 percent, the HDB announced on Monday.The construction sector would do "better than expected at ...

European Market Shines under China-US Trade Tension—Industry Tools by Ferroforma Attracts More Than 19,534 professionals159fastener
fastenerLocal time 4-6 June, 2019, Industry Tools by Ferroforma saw its grandly opening at Bilbao Exhibition Center, Spain. China Fastener Info as one of the media partner exhibited with the popular all-English magazine—Ch...

Vietnam Says Some Chinese Exporters Are Using Fake ‘Made-In-Vietnam’ Labels To Avoid US Tariffs333fastener
fastenerSome Chinese exporters are putting fake “Made-in-Vietnam” stickers to try to avoid U.S. tariffs, Vietnam alleged Sunday.Vietnam said in a government statement that it found dozens of cases where Chinese exports, includin...

China to be world's largest aviation market in 3-6 yrs289fastener
fastenerA bird's-eye view of Beijing Daxing International Airport. [Photo/VCG]China will become to the world's largest aviation market in the next three to six years, news website ThePaper reported on Thursday.China'...

India Steel Industry Concerns About Steel Dumping from China and Appeals for Protective Measures from Its Government327fastener
With the increasing trade tension between China and USA, Indian steel industry is now worrying about the situation of the steel oversupply in China, which may be later dumped to other Southeastern Asian countries or dire...

Vietnam's auto sales increase 22 pct in 5 months292fastener
Vietnam's total automobile sales grew 22 percent on-year to 126,646 units in the first five months of this year, the Vietnam Automobile Manufacturers Association said on Thursday.Specifically, sales of passenger cars...

China's excavator sales falling in May277fastener
Sales for China's major excavator producers declined in May, the first drop in 34 months, industry data showed.The country's 25 leading excavator makers sold a total of 18,897 excavators last month, down 2.2 perc...

China leads global electric car market: expert388fastener
China is leading the global electric car market as it sold 1.2 million electric vehicles last year, accounting for 56 percent of total global sales, an industry expert said on Monday.Neil Atkinson, International Energy A...

U.S. Companies' Message to Trump: Don't Expand China Tariffs357fastener
fastenerWhat happens if President Donald Trump carries out his threat to impose tariffs on the remaining $300 billion in Chinese goods that he hasn't already hit with 25 percent import taxes?A New Hampshire fireworks company...

U.S. Cutting Tool Consumption Up 1.3 Percent In April333fastener
fastenerApril 2019 U.S. cutting tool consumption totaled $206.3 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies part...

Japan's Fastener Production Value Hits Record High477fastener
fastenerIn a general assembly held on May 16, The Fasteners Institute of Japan reported Japan's fastener production value of 2018 at a historical record of JPY 916.1 billion, up 2.6% from the previous period.The volume of pr...

Over 600 U.S. firms urge Trump to solve China trade dispute402fastener
fastenerMore than 600 American firms including the world's largest retailer Walmart jointly wrote to Trump administration on Thursday for a prompt settlement on China-U.S. trade disputes, concerning tariffs will hurt U.S. co...

China speeds up clean energy development304fastener
fastenerAn overview of Zhejiang Qiming Electricity Group's offshore wind farm off Zhoushan, Zhejiang province. [Photo by Yao Feng/For China Daily]China has sped up the development of clean energy and stepped up gas explorati...

China's home appliance sector sees steady Q1 growth297fastener
China's home appliance sector saw steady revenue growth in the first quarter (Q1) of this year, official data showed.Total revenue reached 367.74 billion yuan ($53.18 billion) during the Jan-March period, up 7.4 perc...

Contract Signing between Reed Tradex Vietnam and JETRO Hanoi for Vietnam-Japan Supporting Industries Exhibition (SIE 2019) and Vietnam Manufacturing Expo (VME 2019)328fastener
fastenerHanoi, 30 May 2019 - Reed Tradex, ASEAN's leading exhibition organizer, together with Japan External Trade Organization (JETRO) in Hanoi have organized Contract Signing Ceremony for Vietnam – Japan Supporting I...

How Trump Tariffs on China and Mexico Could Hurt U.S. Economy394fastener
fastenerTen billion here, ten billion there: President Donald Trump's escalating tariffs on imports to the United States have begun to amount to serious money—and potentially to imperil one of the most resilient econom...

Dongtai Huawei Launches Aluminum Double Hex Head Bolts and Stainless Steel Pre-Embedded Sleeve Bolts421fastener
fastenerSince its establishment, Dongtai Huawei Standard Component Corporation has been committed to providing customers with one-stop supply service of stainless steel fasteners. As a technology-oriented company, it provides va...

Rising costs, intensifying global trade tensions to cripple aviation industry's profit in 2019438fastener
fastenerA Bombardier Global 7500 aircraft on display at the Asian Business Aviation Conference & Exhibition in Shanghai. [Photo by Gao Erqiang/China Daily] Rising costs coupled with intensifying global trade tensions have pa...

Bolts Shortage in Japan Benefits the Korean Fastener Maker KPF393fastener
Despite a few Osaka fastener manufacturers reaching a monthly capacity of 10,000 tons of bolts, 83% of Japanese construction companies are still in a shortage of high-strength bolts which is rendering capital city develo...

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