With the global economy recovering, Taiwanese fastener manufacturers, including Tong Ming Enterprise Co., Ltd. and Chun Yu Works & Co., Ltd., are expecting rosier performance this year than last year, when Taiwan’s fastener exports hit a record high, according to institutional investors.
According to the latest statistics compiled by Steelnet, a market information website for steel and related industries in the Greater China region, Taiwan’s fastener exports reached 1.459 million tonnes in 2013 to beat a record high of 1.422 million tonnes set in 2011, mostly driven by such high-margin sellers as stainless steel fasteners and automotive fasteners. (…)
