Daily Fasteners and Fixings News by Bazibaza

Asia Pacific

CSC raises prices by more than 12% | Chinafastener.info

 The firm may see second-quarter iron ore prices increase by between 15 percent and 20 percent quarter-on-quarter, an analyst at JPMorgan said. Recovering growth momentum in the global economy and a quick rise in the prices of raw materials have ... [Read More]
2011/02/28

Haiyan Fastener Exports Jump in January | Chinafastener.info

 According to statistics from China Customs, output and sales for Haiyan county’s export-oriented companies both saw rise in January 2011, with exports for steel or iron products including fasteners and stainless steel pipes up 64.5% to $ 47.22 ... [Read More]
2011/02/28

New TIFI Chairman Boosts Global Image of Taiwan’s Fastener Industry–Output recovers to pre-recessio | CENS.com – The Taiwan Economic News

 New TIFI Chairman Boosts Global Image of Taiwan’s Fastener Industry Output recovers to pre-recession 2011/02/24 TIFI chairman Joe Chen talks about the Fastener Museum. Since fasteners have become essential for many industrial and residential ... [Read More]
2011/02/25

Ruia Group buys German firm Acument | Global Media News

 Posted: Mon Feb 21 2011, 16:40 hrs Kolkata:China Kolkata-based Ruia Group said it has acquired the 134-year old German-based Acument GmbH & Co, that deals in mechanical fastening systems, for an undisclosed amount.The Ruia Group, which ... [Read More]
2011/02/21

Russian Investigation on Fastener Import Completed | Fastener World Inc

 2011/02/17 This investigation was initiated by the Ministry of Industry of the Russian Federation 20 months ago and has been completed recently. Russian Prime Minister Putin signed the document to impose special protective measures on certain ... [Read More]
2011/02/17

French Faurecia to Build 7 New Plants in China | Fastener World Inc

 2011/02/16 It is reported that the 6 largest automotive equipment supplier in the world, Faurecia made an announcement that it would build 7 new plants in China. In 2010, its global total sales growth increased 48% to 13.796 billion euros (net ... [Read More]
2011/02/16

China’s Steelmakers raise March Prices | Chinafastener.info

 China’s Steelmakers raise March Prices Wuhan Steel is first major mill to release March prices * Baosteel also likely to lift prices - analysts * Price increases mainly to pass on higher costs (Adds details, analyst's comment) SHANGH... [Read More]
2011/02/15

China iron ore imports hit record in Jan | Chinafastener.info

 China iron ore imports hit record in Jan China's iron ore imports reached a record 68.97 million tons in January, up 18.8 percent from 58.08 million tons in December, official data from the General Administration of Customs showed on Monday. ... [Read More]
2011/02/15

KTX Derailment Caused by Loose Nut | Chinafastener.info

 A KTX high-speed train derailed on Friday afternoon near Gwangmyeong Station, southwest of Seoul because workers improperly repaired a point along the tracks. The Ministry of Land, Transport and Maritime Affairs is investigating those involved. ... [Read More]
2011/02/15

Japan Fastener Export Update (Jan.—Nov. 2010) | Chinafastener.info

 According to data from Ministry of Finance Japan, Japan fastener export for the first eleven months of 2010 showed recovery with export volume up 42.6% to 293,445 tons, and the total value up 36.0% to 232.1 billion yen, reported the World of ... [Read More]
2011/02/12