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U.S. November Fastener Distributor Index Dips Slightly1135fastener
fastenerR.W. Baird and FCH Sourcing Network released their monthly Fastener Distributor Index (FDI) for November on Thursday, showing a slight decrease over October’s rating. Distributor commentary was mixed this month wit...

U.S. Cutting Tool Consumption Ticks up in October1066fastener
fastenerOctober 2018 U.S. cutting tool consumption totaled $223.46 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies partici...

U.S. Fed raises rates, but signals slower pace of hikes next year921fastener
fastenerU.S. Federal Reserve Chairman Jerome Powell speaks during a press conference in Washington D.C., the United States, on Dec. 19, 2018. The U.S. Federal Reserve on Wednesday raised short-term interest rates by a quarter of...

China Fastener Info Exhibits at Wire India 20181411fastener
fastenerAs the No. 1 trade fair for the wire and cable industry on the Indian subcontinent Wire India 2018 was held at the Bombay Exhibition Centre in Mumbai, India, from 27 to 29 November.the opening ceremony China Fastene...

China's industrial sector maintains stable operation: survey1159fastener
fastenerA worker checks molten steel at an iron and steel plant in Dalian, Northeast China's Liaoning province. [Photo by Liu Debin / For China Daily]China's industrial sector continued stable expansion in October, accor...

USA and China Reach Interim Agreement in G20 Summit on “No Additional Tariffs” for 3 Months1197fastener
In the G20 Summit held in Argentina on 12/02, U.S. President Donald Trump and Chinese President Xi Jinping met each other and reached a preliminary consensus on ‘not imposing additional and new tariffs on certain product...

China's auto sales continue to fall in November1126fastener
Auto sales in China continued to decline last month, industry data showed Tuesday.A total of 2.55 million vehicles were sold in November, down 13.9 percent year on year, according to the China Association of Automobile M...

China's industrial robot output up 8.7 pct in Jan-Oct1161fastener
China's industrial robot output increased 8.7 percent year-on-year in the first 10 months of 2018, slower than the 9.3-percent growth for the January-September period, according to official data.A total of 118,452 un...

Sundram Fasteners Q2 profit up 22% to Rs 1.10 bn, revenue crosses Rs 10 bn1161fastener
The company has crossed the milestone of posting quarterly revenue from operations of Rs 10 billion for the first time.Sundram Fasteners Limited has reported a profit of Rs 1.10 billion during the quarter ended September...

Manufacturing PMI narrows in Nov1272fastener
fastenerAn employee checks gear products at a machinery company in Yantai, Shandong province. CHINA DAILYFresh growth momentum to help nation offset growing downside risks, say analystsThe official manufacturing purchasing manag...

New at wire 2020 in Düsseldorf: Special exhibition areas for Fasteners and Springs1387fastener
fastenerwire 2018 exceeded all records attained so far and this success might still be topped: wire 2020 in Düsseldorf will open up for the first time with Fasteners and Springs forming independent exhibition areas under th...

Despite rising costs, Taiwan's CSC cuts domestic steel prices1338fastener
China Steel Corp said it would continue to stabilize prices and bring flexibility for the industry to react to changing market conditions.China Steel Corp (CSC), Taiwan’s largest steel producer, recently cut domest...

Anixter International Inc. Names New Member to Board of Directors1260fastener
GLENVIEW, IL — Anixter International Inc. announced the appointment of Jamie Henikoff Moffitt to its board of directors.“We look forward to the in-depth knowledge and new perspectives that Jamie will bring to Anixter as ...

U.S., China Agree on Trade War Ceasefire After Trump, Xi Summit1171fastener
fastenerBUENOS AIRES (Reuters) - China and the United States agreed to a ceasefire in their bitter trade war on Saturday after high-stakes talks in Argentina between U.S. President Donald Trump and Chinese President Xi Jinping, ...

Dongtai Huawei to Exhibit at Vietnam International Exhibition on Hardware & Hand Tools 20182080fastener
fastenerDongtai Huawei Standard Component Corporationsincerely invites you to visitVietnam International Exhibition on Hardware & Hand Tools 2018Date: 5-8 December, 2018Venue: Saigon Exhibition & Convention Center, Ho Ch...

Steel Prices Fall after Spiking to Record Highs1380fastener
fastenerTalk about a roller coaster. Chinese steel prices are falling this week after spiking to record highs last week as a series of curbs targeting speculative trading kick in.Starting Tuesday, one of China's biggest comm...

NORMA Group with strong organic sales growth in the first nine months of 20181387fastener
fastener--Sales increase by 7.0 percent to EUR 817.1 million--Strong organic growth of 9.7 percent--Adjusted EBITA margin at 16.0 percent--Group forecast for fiscal year 2018 confirmedMaintal, Germany, November 7, 2018 – N...

Lawson Products Expands in Canada1381fastener
Lawson Products, Inc. a distributor of products and services to the MRO marketplace, announced the opening of a new The Bolt Supply House branch in Vancouver, British Columbia resulting in presence in all four Western Ca...

China to ease tax burdens for private enterprises1371fastener
China will take solid steps to relieve the tax burdens for private enterprises to support better development of private businesses.The burden of taxes and fees on private enterprises will be further eased, according to a...

Wenzhou Fastener Industry Expects to Increase 5% 1408fastener
fastenerThe output value of Wenzhou fastener industry forecasts to increase 5% in the year of 2018 compared with that of last year, and the exports of the first eight months of the this year saw a growth of 36.89% year-on-year.A...

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