News
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China steel industry continues to progress in development
China’s steel industry has accelerated structural upgrade to pursue greener growth pathways and high-quality development, according to senior officials of the China Iron and Steel Association on Monday. “The industry has made remarkable progress in achieving high-quality developments ...Read more -
China’s foreign trade up 10.7% in Q1
China’s foreign trade in goods reached 9.42 trillion yuan ($1.48 trillion) in the first quarter, up 10.7 percent year-on-year, data from the General Administration of Customs showed on Wednesday. Exports grew by 13.4 percent on a yearly basis to 5.23 trillion yuan while imports increased by...Read more -
Industrial fasteners market to hit $87.3 billion by 2026
The global market for industrial fasteners estimated at U.S.$69.7 billion in the year 2022, is projected to reach a revised size of US$87.3 billion by the year 2026 — growing at a CAGR of 4.2% over the analysis period. This is according to a new study by Global Industry Analysts Inc., a premier m...Read more -
China’s daily crude steel output up in mid-March
China’s major steel mills saw their average daily output of crude steel stand at about 2.05 million tonnes in mid-March, an industrial data showed. The daily output marked an increase of 4.61 percent from that recorded in early March, according to the China Iron and Steel Association. Major...Read more -
China to deepen multilateral, bilateral economic, trade cooperation
China will deepen multilateral and bilateral economic and trade cooperation, according to a government work report submitted Saturday to the national legislature for deliberation. The Regional Comprehensive Economic Partnership (RCEP) has created the largest free trade zone in the world. China wi...Read more -
Fastener Distributor Index Shows Solid Rebound Despite Worse Optimism
Sales saw a considerable jump in February, but continued strains on labor and pricing have distributors still concerned about the next six months. FCH Sourcing Network reported its Fastener Distributor Index (FDI) for the month of February on March 7, showing a considerable rebound one month afte...Read more -
Global aerospace fasteners market to hit $12.80 billion by 2030
A slow rise in air traveling and surge in government expenditure on defense are driving the growth of the global aerospace fasteners market. According to a new report published by Allied Market Research, the global aerospace fasteners market was estimated at $7.42 billion in 2020 and is expected ...Read more -
China’s industrial output up 7.5 pct in first two months
China’s industrial production expanded in the first two months of the year, with the high-tech manufacturing sector posting stellar performance, official data showed Tuesday. China’s value-added industrial output, an important economic indicator, went up 7.5 percent year on year in th...Read more -
8th edition of International Fastener Show Online will be held from March 21 to 25, 2022
8th edition of International Fastener Show Online, organized by www.chinafastener.com, will be held from March 21 to 25, 2022. It is expected that more than 300 exhibitors, 5,000 international buyers and 100,000 visitors will participate in the show. Since August 2020, International Fastener Show...Read more -
[Steel encyclopedia] bring you a comprehensive understanding of steel wire
Wire is the smallest section size of hot rolled steel, generally refers to the diameter of 5-60mm hot rolled round steel or equivalent to the section of the special-shaped steel, because of the coil state delivery, collectively referred to wire or wire rod. Classification of wire 1. According t...Read more -
2022 China Steel Market Outlook and “My Steel” Annual Conference industrial Wire Industry Chain Conference was successfully held
The 2022 China Steel Market Outlook and “My Steel” Annual Meeting was held in Shanghai on February 25-26, 2022, jointly hosted by metallurgical Industry Economic Development Research Center and Shanghai Ganglian e-Commerce Holdings Co.,Ltd. (MySteel Network) with the theme of “S...Read more -
“High-quality development” endows new connotation and stimulates new driving force. Yongnian district standard parts industry transformation and upgrading to achieve quantity reduction...
Editor’s note: since last year, YongNian area district party committee, the district government to fundamentally solve the problem of standard parts industry siege and atmospheric pollution, through the guidance of scientific, standardized management, quality, reducing to promote enterprise...Read more