It is currently reported that Taiwan’s fastener export to the US in July reached 56 thousand tons, the highest record for a single month since the financial crisis. It is optimistically expected that there may be growth in Taiwan’s fastener export to the US in the next 5 consecutive years, which will be also good news to large fastener plants including Chun Yu, Tycoons, and San Shing. One director from China CSC says that the best performer in the global steel market is currently the US due to its economic recovery that effectively creates demand, while the recovery of construction and manufacturing industry also stimulates the continuous orders for fasteners.(…)
via Fastener World Inc. (Fastener Magazine) – Overseas Sales Net.