ASIAN NEWS
2014 Taiwan Fastener Show targets 350 exhibitors Based upon its successes in 2010 and 2012, the 3rd
Taiwan International Fastener Show is
back “bigger and better”, according to TAITRA, Taiwan’s External Trade Development Council, which is organising the event alongside the Taiwan Industrial Fastener Institute.
expects to host more than 350 exhibiting companies, occupying 800 booth spaces. Visitors will see “sizeable booths set up by globally renowned suppliers in Taiwan, including San Shing Fastech Corporation (the largest manufacturer of steel nuts worldwide), Chun Yu Works & Co Ltd (the first and the largest screw manufacturer in Taiwan), and many others.” The show will be staged at the newly opened Exhibition Centre on Kaohsiung’s waterfront and will run back-to-back with the Taipai AMPA automobile parts & electronics show (9th
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manufacturer high quality fastener products. In 2012 Sunnohasi strengthened its operations in southeastern Asia, setting up Bangkok Fastening Technology in Thailand and another subsidiary - Sunnohasi Manufacturing Indonesia.
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CSC bar and rod prices unchanged for June
Taiwan’s China Steel Corporation has left its bar and rod prices unchanged for June delivery. The company announced reductions of an average 2.08% across most other grades.
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n overall pricing CSC noted a recent World Steel Association projection that global steel consumption would increase by only 2.9% in 2013 and said buyers had become more conservative because of over supply
and low demand, resulting in failures for the steel industry in raising its prices. For the second half 2013 CSC anticipates that prices will hit the bottom and bounce supported by rises in raw material costs. CSC commented that Chinese mills were trying to lift their
exports by selling at “considerably low prices”. The Group went onto announce intentions to file an anti-dumping suit in “response to the unfair trade behaviours from Japanese, Korean, Chinese and Indian mills which try to sell these products continuously to Taiwan with extremely low prices”. In Mainland China BaoSteel announced it would hold its steel prices for May, following six months of month on month increases.
Fastener + Fixing Magazine • Issue 81 May 2013 - 12th
Sunnohasi Corp to open Mexican subsidiary
Japanese corporation Sunnohasi has established a subsidiary, Sunnohasi Manufacturing Mexico, which will start operation in January 2014.
astener World Magazine reports that the subsidiary will meet clients’ needs for overseas purchases and assist in building a global operating platform. The company is installing cold forging and heat treatment capacity to
More information is available at
www.fastenertaiwan.com.tw
China fastener output dips
China’s metal fasteners output fell 4.7% to 983,200 tonnes during the first two months of 2013,
ChinaFastener.com reports.
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hejiang continues to be the top producing province, with an output of 306,400 tonnes in the first two months 2012 accounting for 31.7% of total output. Last year the province produced 1.97 million tonnes of metal
fasteners. Other major provinces included Hebei accounting for 17.6% of production in January/February 2013; Sichuan (13.3%) and Shanghai (8.95%). China’s fastener output in 2012 rose to 5.48 million tonnes, a 10.3% increase over 2011. The China Fastener Industry Association reported that full year exports were down 3.6% in volume to 2.49 million tonnes but value increased marginally to US$4.71 billion (3.6 billion euros).
CEO Summit to be held in Jin Mao Tower
The 2013 Global Fastener Industry CEO Summit, running alongside the 2013 Fastener Expo, Shanghai, will be hosted in the Jin Mao Tower, Pudong, organisers announced.
Grand Hyatt Shanghai - offers our guests a comfortable and unforgettable experience. Its grand ballroom provides capacity for up to 1,200 guests, fully meeting our demands. Much more, it enjoys convenient transportation.” The Fastener Expo Shanghai will take place 20th
M – 22nd
June 2013 in halls 2 and 3 of the Shanghai World Expo Exhibition & Convention Center. The CEO Summit takes place on the afternoon of 20th
June. The Summit aims to invite 100 decision-makers of
well-known Chinese fastener enterprises to communicate with 200 overseas industrial counterparts.
r Yang J.F., CEO of
ChinaFastener.com, commented: “After comparing multiple hotels, we finally choose Jin Mao Tower as the venue of the 2013 Global Fastener Industry CEO Summit. Its hotel -
he 2014 Taiwan International Fastener Show will return on 14th - 15th April 2014 at the new Kaohsiung Exhibition Centre and
April 2014) giving visitors the opportunity to attend both events in one sourcing trip.
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