Worldwide Fastener News, Week August 20-26 2012, Bazibaza

• China Steel Set To Cut Domestic Prices By 5 Percent | China Fastener .info
  China Steel Corp (CSC), the nation’s only integrated steelmaker, yesterday said it would lower its domestic steel prices for October and November contracts by an average of NT$1,142 (US$38.11) per tonne, or 5.11 percent, following a 5.01 percent cut for next month’s shipments. The latest price adjustment is the company’s second-largest price decline this year, compared […]
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• Taiwan’s Wire Rod Transaction Prices Drop Substantial | Yieh Corp Steel Market News
  The transaction prices of wire rod have fallen by NT$3,000~NT$4,000/ton and the sales volumes have also dropped by 30%~40% in the Taiwanese domestic market over the past three months due to weak demand. In fact, the Taiwanese wire rod market was good early this year as the downstream screw industry had better performance in overseas market. However, […]
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• New Best Wire Industrial Sees Pessimistic Outlook For Q3 Sales Profits |Yieh Corp Steel Market News
  New Best Wire Industrial, one of major wire product manufacturers in Taiwan has seen pessimistic outlook for its sales profits in this third quarter. If China Steel Corp. (CSC) continues to reduce prices for October and November, New Best Wire Industrial may list more loss on its inventories in this third quarter, according to the firm. It’s […]
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• US Mills Increase Wire Rod Prices For September Shipment L Steelguru
  Driven by soaring price on scrap, the American based companies, including Nucor, Gerdau Long Steel North America have increased their wire rod prices by USD 80 per short ton respectively for September 2012. Also, Keystone boosted its price by USD 70 per short ton. (…) via US mills increase wire rod prices for September shipment – […]
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• China’s Steel Output Slows, Prices Drop | China Fastener .info
  BEIJING — China’s steel output growth slowed in July and prices of steel products have continued to drop, according to data from the National Development and Reform Commission. Crude steel production gained 4.2 percent year-on-year in July, but the rate was 11.3 percentage points lower than the growth recorded during the same period last year, the […]
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Material Prices index from several Official Sources : Dowjones, Wire price DSV (July 2012), Kitco, Yieh corp…

New Products and Services

• Eliminate The Cause Of Threaded Fastener Failure | Design World Online
  By Doug Lescarbeau, Loctite Brand Anaerobic Technology Director, Henkel Corporation With more than 300 billion fasteners used in the U.S. every year, it is critical that they never fail in service. The latest threadlocking adhesives defy the root causes of fastener failure and are designed to ensure that threaded fasteners remain secure and sealed for their […]
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• Apple Screwing With IPhone 5 Fasteners? | Global Fastener News – USA
  Media Spotlight — “One of the more significant changes that could be coming to the next generation iPhone is a completely redesigned screw,” reports Bob Bhatnagar of iphonefaq.org. A photo featured on BGR “shows a rendering of what is claimed to be an iPhone 5 assembly screw” with no known tools capable of turning the part […]
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Company Purchase & Investment

• Bak Fin Acquired By Titgemeyer | Insider News Midlands
  Birmingham-based manufacturer Baker & Finnemore has been snapped up by German company Titgemeyer, which has a base in Tipton. The transaction services team in the Birmingham office of accountancy firm and business adviser BDO provided financial and taxation due diligence services for the acquisition. Titgemeyer Group develops, designs and manufactures fastening technology and commercial vehicle components. The acquisition […]
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• Senco Buys Danish Fastener Business | Business Courier
  Senco Brands has acquired Expandet A/S, a family-run manufacturer of fasteners used in professional and do-it-yourself building applications throughout Europe, the Middle East and Africa. Terms were not disclosed. Founded in 1955 by the Mortensen family, the business is based in Graested, Denmark. The Expandet business will report to Peter van der Wel, president of Senco Brands […]
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• Anixter Announces Construction Of New Corporate Facility In Glenview, IL — GLENVIEW, Ill., Aug. 20, 2012 /PRNewswire
  GLENVIEW, Ill., Aug. 20, 2012 /PRNewswire/ – Anixter, a leading global distributor of communication and security products, electrical and electronic wire & cable, fasteners and other small parts, announced that it is constructing a new LEED®-certified (Leadership in Energy and Environmental Design) building as part of its corporate headquarters campus in the Chicago suburb of Glenview. The annex […]
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Market infos and Statistics

• Taiwan’s Screw Exports Slide In June | Yieh Corp Steel Market News
  According to statistics, Taiwan’s screw exports totaled 114,113 tons in June, falling by 6.4% year on year and decreasing by 9.18% from a month earlier. Also, the average export prices of screw were at US$2.716/kg, down slightly from May and declining by 3.71% year on year. In June, the export values generated by screws amounted to US$309.880 […]
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• Taiwan’s Screw Exports Prices Fall For Consecutive Five Months | Yieh Corp Steel Market News
  It’s reported that Taiwan’s screw export prices have fallen for consecutive five months due to weak market demand. In fact, the Taiwanese screw makers’ received order volumes increased in the first four months of this year. However, as CSC cut its list prices of steel wire and bar for January and February, the screw export prices […]
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Trade Show – Fair

• Fastener Fair Brazil Dates Shift By A Day | Fastener+Fixing
  Fastener Fair Brazil 2012 will now take place on Wednesday 21st and Thursday 22nd November at the Expo Center Norte, São Paulo, opening a day later than previously advertised. Show manager, Candyce Costa, from organisers Mack Brooks Exhibitions, explains: “A new São Paulo public holiday has recently been announced for Tuesday 20th November. Although the […]
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• Aug 26 Is Discount Deadline For Las Vegas Show – NFDA – National Fastener Distribution Association
  Advance registration for the National Industrial Fastener & Mill Supply Expo, October 10-12, 2012 at the Sands Expo & Convention Center in Las Vegas, Nevada USA has reached 1,091 persons, informs Erin Thomas, registration manager. “More than 325 of our pre-registered attendees are distributors, sales reps and other interested buyers, and we expect this number […]
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Media – Blog – Audio – Video

• Fastenerblog.net: Guest Blog: Direct Sales/Rep Sales
  Posted by Traveling Salesman at 8/25/2012 10:07 PM As I prepare for the upcoming Las Vegas Fastener Show, it occurred to me it has been almost exactly one year since I started up my rep agency. Really, the better description would be re-starting my rep agency. I started up my own agency in 1995 after working […]
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• Newly Published 12th Issue Of ChinaFastener Magazine Is Available Now | China Fastener .com
  By CFM, www.chinafastener.com 2012-8-24 11:29:38 After three months’ dedicated preparation, ChinaFastener Magazine (CFM) finally meets its 12th issue as scheduled on Aug. 24th, 2012. CFM, the professional fastener publication in mainland China, was founded in 2007 and published by www.chinafastener.com. It is a bilingual (English-Chinese) and semiannual edition, periodically published in every February and August. New Highlights […]
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• Episode #50 – The New 35 (103:16) | Fully Threaded Radio
  Episode #50 – The New 35 (103:16) Download the MP3 Date: August 23, 2012 By: Fully Threaded Description: From Sparta to Los Angeles, the world depends on industrial fasteners. Industry legend, Mr. Ron Sackheim, carries the torch for the fastener industry, and shares his thoughts after a lifetime in the business during an encore conversation with hosts Brian Musker […]
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• Newsletter August 23, 2012 – Volume 7 Issue 8 | GlobalSpec: Fastening, Joining & Assembly
  Fastener Standards — Get the List American National Standards Institute, Inc. Rely on ANSI for the critical standards you need whether you make fasteners, test fasteners, inspect, procure, or use them. Review a specially prepared, complimentary list of relevant fastener standards from U.S. and international standards organizations including, AIAG ISO, BSI, DIN, ASME, ASTM, SAE, and IFI, […]
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All Companies Infos

• Alcoa Inc. : Alcoa On Mars | 4-Traders
• Tops For Fasteners! | GWR Fasteners
• Field Fastener Makes INC 500|5000 For 2nd Consecutive Year | News | Industrial Distribution
• Rostfreie Verbindungen Hat In Dieser Vielfalt Nur Wagener & Simon Im Programm | Remscheid General-Anzeiger
• Articlesontap .com Announces Partnership With AllPointsFasteners .com To Provide Content Consulting | PR Web
• Security Fasteners And Tamper Resistant Screws Added To AFT Fasteners’ Distribution List | PR Web
• William C. Schwartz Industry Innovation Awards: Six Central Florida Companies Selected As Winners Of The 2012 Schwartz Innovation Awards | Orlando Sentinel

Free Press Review by Bazibaza Fastener Directories

Week in Review :

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Enjoy the reading, enjoy your Week

Daniel Rivalin

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