ASIAN NEWS TFTA announces 2013 show in Tainan
The Taiwan Fastener Trading Association has announced plans to stage an International Fastener Show at the Commercial Exhibition Centre, Tainan in April 2013.
organisers confirmed plans to stage the show again in 2014 at the new Kaohsiung Exhibition and Conference Centre, which will be constructed as part of a renovation plan for part of the city’s harbour. According to TFTA the Commercial Exhibition Centre in Tainan is currently the biggest venue in southern Taiwan and will
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fastener industry professionals attending the presentation. The audience heard presentations from Chun Zu research and development personnel and watched demonstrations of the new models. President Bruce Sun was present at the event and said: “Chun
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Zu’s passion to continue developing new models is aroused by the long term support from customers as well as the corporate missions of customers’ satisfaction, multilateral cooperation, and innovation.” He added: “Lowering costs to make production smooth and add more value to products has been an important key. In the future, Chun Zu will focus more on R&D for developing
Fastener + Fixing Magazine • Issue 75 May 2012
accommodate 1,200 nine square metre booths in three exhibition halls. TFTA is targeting 820 booths accommodating around 400 exhibitors. The exhibit profile will be fastener products, machinery and other related equipment, cold or hot forging component parts, CNC machines, hardware and hand tools presented in four zones. TFTA anticipates attracting more than 6,000 national and international buyers and says: “The CEOs we warmly welcome from international trading companies will host several seminars.” TFTA plans to invite visiting groups through American and European trading associations and international fastener institutes. It will also offer accommodation and other facilities for high volume international buyers. The show is scheduled for three days, Thursday 11th
April - Saturday 13th April 2013. China Steel holds June prices
Taiwan’s China Steel Corporation confirmed that in the face of an uncertain global economic outlook it had decided to keep domestic contract steel prices unchanged for June.
aiwan’s largest steelmaker said June prices for all product grades, including wire rod, would remain the same as April and May, to help domestic downstream customers maintain international competitiveness. China Steel said there were still uncertainties hanging over the global economy and that the steel market needed more support for a healthy demand.
The company said that a production increase in China, despite weakening market demand, could cap the recent rebound
in global steel prices. The company noted that major mills in the US and Europe had held prices for this quarter. The steel market in mainland China was suffering from over supply and slowing demand. Analysts predicted that planned increases in the electricity costs in Taiwan would erode China Steel profits.
New Chun Zu machine catches customers’ eyes
Chun Zu Machinery Industry Co Ltd demonstrated a range of new machines at its Kaohsiung headquarters, Fastener World Magazine reports.
he new CBF-64S screw formers and SNF-105 nut formers are equipped with control interfaces for easy operation. Together with their technical attributes the style of the new machines also drew the attention of
new models with features of fast production, material saving, precision, and efficiency.” Sun also noted that the features of the new CBF-64S had
attracted orders from buyers in Eastern Europe. The machine was debuted at wire 2012, Düsseldorf. The main market for the SNF-105 nut former would be in emerging countries. In 2011 Chun Zu achieved record sales from both Taiwanese
and Chinese factories. Sales from Taiwan reached NTD1.018 billion and the Shanghai factory achieved sales of NTD0.9 billion (Combined sales were equivalent to more than 52 million euros). Bruce Sun expressed a more conservative outlook for 2012
estimating that it would drop by some points. He saw more positives in the US and emerging markets, feeling that the European debt crisis would result in reduced demand. Original report Fastener World Magazine
FTA says: “Taiwan has the advantages and abilities to attract international buyers and even become a global fastener purchasing centre. Therefore, an international exhibition in Taiwan is absolutely becoming the trend.” In March this year the Taiwan Industrial Fasteners Institute, in conjunction with government overseas trade development organisation TAITRA, staged the second International Fastener Show at the Kaohsiung Arena. At the opening ceremony the
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