The third Taiwan International Fastener Show (TIFS), to be held April 14-15, 2014 in the newly constructed Kaohsiung Exhibition Center, is expected to further buoy Taiwan’s fastener suppliers, after the sector’s annual exports hit a record high in volume last year.
Despite average prices drifting down due largely to a sluggish steel market, Taiwan’s fastener exports totaled some 1.43 million tonnes last year to beat an all-time high of 1.42 million tonnes seen a year ago, with export value reaching about US$3.8 billion, according to statistics released by Steelnet, a steel market information website for Greater China. (…)