Daily Fasteners and Fixings News by Bazibaza

Asia Pacific

Taiwan Rich List Clan’s Gem-Year Slides After Family Lowers Stake – Forbes

 Taiwan Rich List Clan's Gem-Year Slides After Family Lowers Stake Shares in fastener maker Gem-Year Industrial fell by 2% as of midday today at the Shanghai Stock Exchange after the Taiwan family that controls the company said it had lowered its ... [Read More]
2014/05/13

Jiaxing Fastener Export Value Increased 2.65% in Q1 | Chinafastener .com

 The Ministry of finance in Zhejiang province reported first quarter sales of $210 million, an increase of 2.65% compare to the same period a year ago. It remarked the first quarter gain over the previous year since early 2012. Fasteners contributed ... [Read More]
2014/05/13

China Steel sets June steel prices | Chinafastener .info

 China Steel Corp (CSC), maintained steel prices from a month ago for June shipments, citing uncertainties in China. Steel prices in China have been creeping down since the end of the Lunar New Year holiday, indicating a lower-than-expected market ... [Read More]
2014/05/09

Nifco seen posting record profit on strong overseas sales- Nikkei Asian Review

 TOKYO -- Nifco Inc. is expected to report an all-time-high operating profit of nearly 16 billion yen ($154 million) for the year ended March 31, a 50% jump on the year and better than earlier projections of 15 billion yen. (...) With fastener ... [Read More]
2014/05/08

US to impose anti-dumping duty on nickel-plated products from Japan | Yieh Corp.

 The US International Trade Commission (ITC) has announced that the imports of diffusion-annealed nickel-plated flat-rolled steel products from Japan have been dumped and are sold in the US at less than fair value. According, the Commerce Depart... [Read More]
2014/05/06

TEX update on negotiations on Japanese wire rods for June shipment | China Fastener .com

 By The TEX Report , 2014-05-05 12:00:00Share to: Negotiations on blast furnace steel wire rods for Asia seem to have passed the peak for June shipment at levelling off of prices from May shipment. Within the month, all negotiations are expected to ... [Read More]
2014/05/05

Mohindra Fasteners net profit declines 3.05% in the March 2014 quarter | Business Standard

 Sales rise 24.04% to Rs 27.86 crore Net profit of Mohindra Fasteners declined 3.05% to Rs 1.59 crore in the quarter ended March 2014 as against Rs 1.64 crore during the previous quarter ended March 2013. Sales rose 24.04% to Rs 27.86 crore in the ... [Read More]
2014/05/04

Free Trade Agreement Between China-Switzerland Offer Great opportunity to Chinese Fastener Industry | Chinafastener .com

 On April 29, China and Switzerland exchanged notes on enforcing the China-Switzerland Free Trade Agreement. According to relevant provisions, the agreement will come into effect officially on July 1, 2014. Once the agreement comes into effect, 99.7% ... [Read More]
2014/05/04

USITC: Threaded Rod From Thailand Does Not Injure U.S. Industry | China Fastener .info

 The United States International Trade Commission (USITC) determined that a U.S. industry is not materially injured or threatened with material injury by steel threaded rod imports from Thailand that the U.S. Department of Commerce has determined are ... [Read More]
2014/04/30

Semblex acquired by Jinhap Company Ltd of Korea | Fastener+Fixing

 On 3rd February South Korea’s Jinhap Company Ltd acquired US fastener manufacturer, Semblex Corporation. (...) via Semblex acquired by Jinhap Company Ltd of Korea. [Read More]
2014/04/30