Asia Pacific

Lakshmi Precision Screws approves sale of 49% in LPS Bossard – indiainfoline

Lakshmi Precision Screws Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 25, 2016, has transacted the following: 1. The company approved the sale of the entire stake of 49% of LPS Shares in LPS ... [Read More]
2016/01/27

Zhongjin Guotai allied with Yongnian Government to industrial cluster | China Fastener .com

In recent days, Zhongjin Guotai Holding Group Co., Ltd. negotiated several times with Government of Yongnian County of Handan City in Hebei Province (hereafter referred as Yongnian Government) and finally signed the cooperation agreement, which ... [Read More]
2016/01/27

Chinese fastener exporters moving into diversified markets to avoid trade disputes – Global Times

There has been a longstanding dispute over China's exports of steel and iron fasteners to the EU, with the EU having imposed anti-dumping duties as high as 77.5 percent in recent years. But the WTO ruled against the EU's imposition of such trade ... [Read More]
2016/01/25

China welcomes WTO ruling on fastener imports from EU – Business – Chinadaily.com.cn

China's fastener industry welcomed the World Trade Organization's decision to require the European Union to eliminate inconsistent anti-dumping measures on the basis of the appellate body ruling as soon as possible. The industry's response came ... [Read More]
2016/01/22

China is world’s largest fastener manufacturer – newsunited

A fastener is a hardware device that mechanically joins or affixes two or more objects together. And China is the world's largest manufacturer and one of the world's major exporters, with an annual output of 7.2 million tons in 2014, making up close ... [Read More]
2016/01/22

Acquisition of Fastener Expos in China – News | ITE Group plc

ITE Asia has acquired a 70% stake in the organiser of the Fastener Expo in Shanghai and Guangzhou. Fastener Expo Shanghai is an annual event held at the Shanghai World Expo Exhibition & Convention Center. Fastener Expo Guangzhou, was launched ... [Read More]
2016/01/22

CRRC subordinate won bidding of fasteners for London Underground | China Fastener .com

On January 14, 2016, China CRRC Corporation Limited announced that the overseas branch of its subordinate in Zhuzhou, Delkor Rail Pty Ltd. had successfully signed the contract with Transport for London to supply in a long term of fasteners applied ... [Read More]
2016/01/21

SteelFab 2016 kicks off with 1,000 brands – Khaleej Times

The 12th edition of SteelFab 2016 kicked off on Sunday with around 1,000 brands on display from 43 countries.The show is bigger than last year in terms of size and exhibitors and a significant increase in visitors is also expected this year, ... [Read More]
2016/01/20

WTO faults EU in nuts and bolts dispute with China – focusfen

The World Trade Organization on Monday ruled against the European Union in a dispute that has been raging since 2009 between the bloc and China over import duties on nuts and bolts, AFP reported. The world trade body's fourth and final verdict ... [Read More]
2016/01/20

China gains major win in fastener dispute with EU – China.org.cn

China scored a major victory in its seven-year trade dispute with the European Union on Monday after the World Trade Organization ruled in favor of Chinese fastener makers.The EU decision to impose hefty tariffs on fastener imports from China during ... [Read More]
2016/01/20