China

China Trade Truce Keeps U.S. Tariffs At 25% For Fasteners And 15% For Nuts | Global Fastener News

Fasteners are not on the $200 billion list of goods China promised to purchase, leaving the fastener industry to deal with 25% tariffs on bolts, screws and other fasteners (HTS subheadings 7318.11.00 to 7318.29.00) manufactured in China, as well as ... [Read More]
2020/01/16

EQT Greater China II sells PSM International

The EQT Greater China II fund (“EQT Greater China” or “EQT”) announced that it has signed an agreement to sell its entire stake in PSM International (“PSM” or “the Company”), a multinational leading fastener manufacturer, to Bulten ... [Read More]
2020/01/10

China’s fastener firms, ‘the rice of industry’, grapple with the nuts and bolts of a slowing economy | South China Morning Post

Handan city produces more than half of the nuts, bolts and screws used in China’s construction and manufacturing industry Fastener manufacturers are seeking to expand foreign sales to make up for weaker domestic demand as China’s economic ... [Read More]
2019/12/31

Sika acquires Chinese sealants manufacturer | Fastener + Fixing Magazine

Sika has agreed to acquire Crevo-Hengxin, a Chinese manufacturer of silicone sealants and adhesives used in both industry and construction applications.(...) via Sika acquires Chinese sealants manufacturer | Fastener + Fixing Magazine. [Read More]
2019/12/27

EU launches anti-dumping investigation into pins and staples from China | Fastener + Fixing Magazine

The European Commission has initiated an anti-dumping investigation concerning imports of pins and staples, originating in the People’s Republic of China.(...) via EU launches anti-dumping investigation into pins and staples from China | Fastener ... [Read More]
2019/12/19

Bulten – Bulten inaugurates new factory in Tianjin and strengthens its platform in China

Bulten has inaugurated its new factory in Tianjin for production of high quality fasteners to the automotive industry in China. With the establishment of the new business, Bulten has strengthened its position as an international supplier of fastener ... [Read More]
2019/11/27

Yieh Corp | Canada released final sunset review regarding carbon steel fasteners from Taiwan & China

The Canada Border Services Agency (CBSA) had released the sunset review result on November 14th regarding imported carbon steel fasteners from Taiwan and China on exported price against nominal price.(...) via Yieh Corp Steel News. [Read More]
2019/11/25

Bufab opens new sourcing office in Ningbo, China | Torque-Expo

Bufab has significantly enlarged its investment in China in terms of sourcing, with the opening of a Sourcing Office – Bufab Supplier Chain Management (Ningbo) Co Ltd – earlier this month (5 November 2019).(...) via Bufab opens new sourcing ... [Read More]
2019/11/19

CBSA Announces Conclusion of Re-investigation on Certain Carbon Steel Fasteners from China and Taiwan | Fastener World Inc.

The Canada Border Services Agency (CBSA) has concluded a re-investigation to update the normal values and export prices respecting certain carbon steel fasteners originating in or exported from the People’s Republic of China (China) and Taiwan, ... [Read More]
2019/11/18

Canada Commences Expiry Review Of Carbon Steel Fasteners From China/Taiwan – International Law – Canada

On October 29, 2019, the Canada Border Services Agency announced the start of the expiry review (Canada's sunset review process) of the antidumping and countervailing duty order against carbon steel fasteners from China (AD/CVD) and Taiwan (only ... [Read More]
2019/11/12