Daily Fasteners and Fixings News by Bazibaza

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Fastenal Q3 Earnings Beat (NASDAQ: FAST) – 24/7 Wall St.

 When Fastenal Co. (NASDAQ: FAST) reported its third-quarter financial results before the markets opened on Friday, the industrial supplier said that it had $0.37 in earnings per share (EPS) and $1.38 billion in revenue. The consensus estimates had ... [Read More]
2019/10/11

Edman: 3D Printing Becoming ‘Handful of Dollars, Overnight and In-House’ | Global Fastener News

 Fastener prototypes, testing, shape and tightening tolerances are among current uses, Edman told told a 2019 International Fastener Expo conference.(...) via https://www.globalfastenernews.com/edman-3d-printing-becoming-handful-of-dollars-overnig... [Read More]
2019/10/07

Manufacturing Day: Sustainability & Government Support Important to Majority of U.S. Residents | Global Fastener News

 A strong majority of U.S. residents support sustainability and government assistance in manufacturing, while 48% think increasing tariffs on imported foreign goods and services is too disruptive for the U.S. economy.(...) via Manufacturing Day: ... [Read More]
2019/10/04

Large Demand for Wheel Screws in China at a RMB1.5 Billion Market Scale | Fastener World Inc.

 According to statistics, the fastener market scale in China is to reach RMB 138 billion for the whole 2019, in which the automotive fasteners will share around 23% and wheel screws will reach a total market value of RMB1.5 billion.(...) via Large ... [Read More]
2019/09/27

Taiwan’s Fastener Export in H1 2019 Declines in Volume | Chinafastenerinfo

 In the first half of 2019, Taiwan exported 8.03 million tons of fasteners to the world, down 3.18% from the same period last year.(...) via Taiwan’s Fastener Export in H1 2019 Declines in Volume. [Read More]
2019/09/12

EU-Vietnam FTA May Accelerate Foreign Enterprise’ Moving Out of China | Fastener World Inc.

 The EU signed a free trade agreement (FTA) with Vietnam on June 30th. According to the Agreement, 99% of goods traded between the EU and Vietnam will be tariff-free when it comes into effect after the regulatory approval procedures are completed in ... [Read More]
2019/09/03

China’s Fastener Export Drops in H1 2019 | Fastener World Inc.

 China’s fastener export in the first half of 2019 reached 2,094,346 tons, down 2.4% from the same period last year and the average export price per KG was US$ 1.91, up 2.34% from the same period last year.(...) via China’s Fastener Export Drops ... [Read More]
2019/09/03

Tariffs Achieve Mixed Results For U.S. Fastener Industry | Global Fastener News

 Numerous domestic fastener manufacturers are promoting their U.S. operations in advertising, but there are varying responses to whether or how much the tariffs are boosting domestic sales.(...) via Tariffs Achieve Mixed Results For U.S. Fastener ... [Read More]
2019/09/02

USTR to Increase Tariffs on Chinese Goods by 5% More | Fastener World Inc.

 The trade war between USA and China has escalated again. According to the press release of U.S. Trade Representative (USTR), “In response to China’s decision, and in order to achieve the objectives of the China Section 301 investigation, ... [Read More]
2019/09/02

The 2019 List of Top Fasteners Distributors | MDM

 This sector list is not ranked due to the fragmented nature of its markets, and a lack of product category-specific data to accurately provide meaningful comparisons. In spite of a long history of consolidation, this sector since the 1980s has ... [Read More]
2019/08/27