China Fastener World Magazine issue No.70

Chinese Benchmark Fastener Enterprise Pioneers Green Manufacturing!

海迅精密科技-中國指標性緊固件企業領航綠色製造！

In as short as 20 years since 2004, Hisener has quickly evolved into a Chinese benchmark enterprise integrating manufacture and trade. It is also one of the largest fastener suppliers in the world. It has achieved a number of milestones year after year, including the following 6 major achievements:

Intelligent and digitalized manufacturing (connecting ERP and WMS)

Optimized production lines and warehousing technology

300% increase in production capacity

Expanded laboratory scale

New product launch: bi-metal screws

Certified to ETA

Year of the Dragon 2024 heralds the rising dragon. Hisener proclaims a high ambition to achieve “green manufacturing”, through which it will make a presence and shine like a soaring dragon in the global market keen to carbon reduction.

Hisener Green Manufacturing Kicks off in 2024

The June 2023 edition of China Fastener World Magazine has already revealed the sign of that ambition. General Manager Simon Liang chose a “polar bear with its arms around an ESG-compliant fastener” for the cover as Hisener’s promotional image and brand-new corporate guideline. “Green and smart manufacturing as well as corporate sustainability stand as an important issue that attracts the world’s attention. The intention is to protect the environment while achieving corporate growth. Global warning endangers the survival of polar bears. Hisener is striving to use its own power to build ESG-compliant fasteners, so that even small screws can play a key role in rescuing polar bears. I chose this image to proclaim our determination to green and smart manufacturing! This year, we are officially putting green manufacturing into practice,” said Simon in a Fastener World interview.

Three ESG Guidelines of Hisener

Simon announced three ESG Guidelines of Hisener in this cover story.

On environment(E), the company’s impact mainly derives from energy consumption, waste emissions and resource utilization. To reduce negative impact on the environment, measures are taken to improve the efficiency of energy use, reduce waste emissions, and promote the use of renewable energy.

On the social(S) front, employees are provided with a safe and healthy work environment to secure their rights and benefits, fostering diversity and inclusiveness. Meanwhile, Hisener puts a focus on social responsibility for the supply chain to ensure suppliers’ compliance to securing labor rights and human rights.

On governance(G), a transparent and regulated corporate governing structure is gradually being established through continuous improvement. Hisener strengthens internal governance and risk management and complies with the law to ensure that corporate ethics and ethical codes of conduct are formulated and enforced.

Four Carbon Reducing Measures

The EU will set out to impose carbon border tax in 2026. Hisener has drawn up the following tangible measures in response to future carbon reduction requirements:

(1) Increasing the use of clean energy. At present, solar power can already meet 30% of Hisener’s electricity consumption, and more renewable energy will be purchased in the future.

(2) Investing more in optimizing product design and craftsmanship to increase energy efficiency.

(3) Reducing energy and material consumption by implementing recycling production methods. Recovering energy from waste, such as filtering waste water and oil and reusing it.

(4) Focusing on green procurement to build a green supply chain. Encouraging suppliers to optimize logistics, reduce packaging and use more environmentally friendly packaging materials.

Hisener’s Vision for Carbon Reduction

Simon thinks that reducing carbon emissions and achieving carbon neutrality is a must for every enterprise. The imposition of carbon tax will accelerate the pace of carbon reduction. “For Hisener, we will establish our own carbon emission verification system as soon as possible, use digital means to complete sustainable carbon verification, and establish a whole process to monitor raw materials and all the way to products through carbon footprints. Meanwhile, we will continue to identify and develop suitable emission reduction technologies to reduce emissions and achieve carbon neutrality,” said Simon.

Provide EU Clients with Carbon Emission Data

Simon added that Hisener has followed CBAM requirements to carry out carbon emission calculation for 2023. The data has been provided to EU clients. The company will calculate quarterly emission according to the requirements and report them in time. EU importers and clients can have peace of mind purchasing products from Hisener.

Hisener is Up for Harvesting Global “Green” Opportunities

Many global major economic indicators suggest that technology and low carbon will be the twin driving forces behind corporate profits and industry growth this year. In recent years, Simon has travelled around the world to promote his new smart factory which launched production more than a year ago. The upgrade to green manufacturing will bolster the new factory to achieve good results in the green manufacturing market.

Based on Small Packaging Service

CHINFAST Expands DIY Fasteners Market in Europe and America

Inorder to further strengthen the link with the demand of first-tier retailers and distributors in Europe and the U.S., CHINFAST, having deeply engaged in the industrial fastener production for nearly 20 years, has been actively expanding its business from the production of advanced multi-purpose screws, timber fixing screws and decking screws made of 10B21 and C1022 to the DIY fasteners packaging service over the past 5 years. In the ever-changing global market, it hopes to create a new milestone for sustainable business development.

Diverse DIY Fasteners Packaging Service

Intelligent ERP Production Management

Unlike typical mass production lines, DIY fasteners packaging are characterized by small quantities and diverse categories, which are more time-consuming and labor-intensive, and therefore must be adjusted in a timely manner according to product attributes and quantities. In view of this, CHINFAST not only provides various tool boxes, plastic boxes/bins, blisters, blister boxes, cardboards, polybags and various color boxes for customers to choose, but also provides 100% customized service according to customers’ requirements.

“Backed by a strong professional team, we have introduced the ERP smart factory management system from production to packaging to ensure the flexibility and traceability.

All products are controlled by the automated warehouse, and the automatic packaging line with more than 10 semi-automatic packaging machines is also directly connected to the stereoscopic warehouse, and the AGV automatic shuttle vehicles are applied to transport the goods directly to each packaging table, which effectively saves the goods delivery time and enhances the packaging efficiency and flexibility,” said CHINFAST.

Professional Packaging Team and Equipments

Create a Smooth One-stop Service

CHINFAST has nearly 60 packaging staff with years of experience to assist customers in designing the optimized packaging methods to achieve twice the result with half the effort. At the same time, it has also worked with the automated packaging equipment factory to successfully develop 4 models (totally 12 sets) of packaging equipment which best fit the characteristics of their products, enabling them to significantly improve the packaging efficiency. From production to packaging, it completely follows the ISO 9001 specification. There are 6 QC employees to conduct strict quality inspection from raw materials to finished products, and all testing data are kept in record to ensure traceability.

“As an emerging DIY fastener factory, although DIY fastener packaging service currently only accounts for 6% of our annual export volume and in 2022 our total sales reached 7,500 containers, we are confident that we can perform better in the next few years,” said CHINFAST.

CE Certified ETA Certification Application in Progress

CHINFAST has been active in increasing its competitive edge in recent years. In addition to getting many screws CE certificates, its wholly-owned Haiyan Yousun Enterprise Co.,Ltd (Factory code:C788) has also successfully obtained the favorable 39.6% tax rate in Europe. In the future, if it successfully obtains the ETA certification, together with DIY fastener packaging service, it is expected to increase its proportion and competitiveness of screws exported to Europe.

“With the challenges of global economic contraction, customer demand weakening, unstable raw materials prices and exchange rates, we will continue to refine our capability, cherish every order, provide the best service, and be more dedicated to the DIY fasteners' field.” said CHINFAST.

Contact: Mr. George Yu

Email: george@chinfast.com

Article by Gang Hao Chang, Vice Editor-in-Chief of Fastener World Copyright owned by Fastener World 著作權所有：惠達雜誌

NEWS China Fastener World Industry

惠達特搜全球新聞

CBSA Initiates Anti-dumping Re-investigation on Certain Carbon Steel Fasteners from China

The Canada Border Services Agency (CBSA) has initiated a re-investigation to update the normal values and export prices of certain carbon steel fasteners originating in or exported from China, and the amounts of subsidy of certain carbon steel fasteners originating in or exported from China.

The products subject to the CITT’s injury order (falling within HS codes 7318110000, 7318120000, 7318140000, 7318150010, 7318150042, 7318150045, 7318150049) are listed as below.

An exporter will be considered co-operative if the requested information is submitted on time and the exporter permits verification of the data. A complete listing of dates of interest is detailed as below.

Where an exporter of subject goods does not provide sufficient information to determine specific normal values or does not permit verification of information submitted, anti-dumping duties will be assessed at the rate of 170% of the export price of the subject goods imported into Canada.

Similarly, in cases where the Government of China or exporters in China fail to provide complete and accurate submissions enabling the determination of specific amounts of subsidy, the amounts of subsidy will be determined in accordance with a ministerial specification pursuant to subsection 30.4(2) of Special Import Measures Act (SIMA).

Exporters that are not the manufacturer of the subject goods (e.g. trading companies, vendors, etc.) will receive normal values and specific amounts of subsidy only to the extent that their suppliers/manufacturers provide sufficient information to the CBSA to permit the determination of normal values, export prices and amounts of subsidy.

Mexico Announces Preliminary Resolution of the AD Investigation on Imports of Threaded Steel Rod Originating in China

On May 24, 2023, Clavos Nacionales Me xico, S.A. de C.V. (“Clavos Mé xico”) and Clavos Nacionales CN, S.A. de C.V. (“Clavos CN”), requested the initiation of the procedure Administrative investigation for unfair international trade practices, in the form of price discrimination, on imports of unhardened low, medium carbon or alloy threaded steel rod, with a diameter equal to or greater than 6.4 mm (0.25 inch), but less than 38.1 mm (1.5 inches) and length equal to or greater than 152.4 mm (6 inches) originating in China, regardless of country of origin.

On June 9, 2023, the “Resolution” accepting the request of the interested party and declaring the initiation of the administrative anti-dumping investigation procedure on imports of threaded steel rods originating in China, regardless of the country of origin, was published in the Official Gazette of the Federation (DOF) (“Initiation Resolution”), in which the period under investigation was set from 1 January to 31 December 2022 and the period for injury analysis from 1 January 2019 to 31 December 2022.

The administrative investigation procedure in the area of unfair international trade practices, in the form of price discrimination, continues, and provisional countervailing duties are imposed on imports of threaded steel rod originating in China, regardless of the country of origin, which are paid under tariff headings 7318.15.99 and 7318.19.99 of the TIGIE, or any other, under the following terms:

a. 8.02% for imports from Jiaxing Chinafar Standard Parts, Co. Ltd.;

b. 17% for imports from Haiyan Wandefu Precision Hardware, Co. Ltd., Lianyungang Xincheng Hardware, Co. Ltd., Jiaxing Longyu Machinery, Co. Ltd., and Zhejiang Junyue Standard Part, Co. Ltd.

c. 48.08% for other exporting companies.

This Resolution shall enter into force on the day following its publication in the Official Gazette.

EU Harbor Carbon Tax

EU planned to include ships traveling to European ports in the ETS program starting January 1, 2024, which is estimated to bring in US$3.6 billion in the form of carbon emission compensation for Europe in 2024. In other words, shipping companies will have to purchase carbon offsets for the emissions produced by ships traveling between two EU ports; for ships traveling between EU and non-EU ports, they will have to bear 50% of the emission fee.

However, seven EU countries, including Spain and Italy, sent a letter to the European Commission calling for a suspension of the program to prevent shipping companies from avoiding European routes and shifting trade to nearby Mediterranean ports such as Tangier in Morocco, or Port Said in Egypt, which are less than 300 nautical miles from the EU coast. According to the latest estimates by Shipping Consultants, assuming a carbon price of € 90 per ton, the ETS cost for a container shipping between Europe and Asia in 2024 is estimated to be as high as €810 thousand.

Despite the high cost of ETS, it is reported that Maersk, the container leader, made a profit of US$30 billion in 2022. The bill generated by ETS is only a drop in the bucket when compared with the revenue of international shipping, so it may not have much impact on the end price. However, some EU countries on the Mediterranean coast, including Portugal, Greece and Cyprus, have publicly said that the ETS program, could shift carbon emissions to other parts of the world, and that companies may take longer routes to avoid stopping at EU ports, and may even increase greenhouse gas emissions as a result.

Companies Development

Chin Well Holdings Reports Earnings Results for Q4 and Full Year Ended June 30, 2023

For the fourth quarter, the company reported sales were MYR 95.61 million compared to MYR 196.87 million a year ago. Net income was MYR 5.08 million compared to MYR 27.61 million a year ago. Basic earnings per share from continuing operations was MYR 0.0177 compared to MYR 0.0964 a year ago.

For the full year, sales were MYR 456.45 million compared to MYR 657.84 million a year ago. Net income was MYR 39.46 million compared to MYR 95.99 million a year ago. Basic earnings per share from continuing operations was MYR 0.1378 compared to MYR 0.335 a year ago.

Yuxing Fastener to be Listed on Beijing Stock Exchange

Yuxing Fastener (Jiaxing) Co., Ltd. of China announced on January 8 that it has planned to be listed on Beijing Stock Exchange. The company has long been committed to the R&D, production and sales of a series of nuts. In addition to providing standard fasteners, it also supplies medium to high level nuts mainly for the wind power, automobile, engineering, machinery and many other downstream industries.

It is known that Yuxing is one of the leading enterprises in the domestic Chinese fastener industry specializing in production of nuts with a wide range of varieties and specifications. It strictly controls the quality of its products and insists on adopting high quality steel and advanced cold forging technology. Its products have passed the ISO:9001 quality management system, CE, and automobile industry quality management system certifications, and it is capable of producing Chinese GB standard, international ISO standard, German DIN standard, U.S. ANSI standard, British BS standard, Italian UNI standards compliant and special nuts.

Tong Ming: Market Began to Stabilize After Q3, 2023

Tong Ming’s revenue last year was still lower than 2022 due to selling prices dragged down by raw material costs. However, the company observed that China’s fastener market demand gradually stabilized since the third quarter of 2023. Under the fierce competition in the whole market, Tong Ming’s market share of fasteners in China has not decreased but increased instead, and Tong Ming continues to play a leading role in the industry.

Tong Ming pointed out that since the second half of 2022, the fastener industry had turned conservative and inventory levels had been high. However, by the third quarter of 2023, inventory adjustments in European, American, Oceanian, and Chinese markets were made, and the overall transaction was more than in the first half of 2023. In the export market, China continues to be suppressed by trade tariffs and affected by the Russia-Ukraine war, so Tong Ming views this market conservatively.

Tong Ming’s consolidated revenue in the first three quarters of 2023 was RMB 10.1 billion, a year-on-year decrease of 13.71%; net profit after tax was RMB 258 million, a year-on-year decrease of 64.51%; EPS was RMB 1.27, lower than RMB 3.6 in the same period last year. The company plans to sustainably increase its production capacity in the next 3 to 5 years, which is expected to be up to 80,000 tons.

Stainless Steel Fasteners Supplier

Tengda Technology Has been Listed on Shenzhen Stock Exchange

On January 19, Shandong Tengda Fasten Tech Co., Ltd. has been officially listed on the Shenzhen Stock Exchange main board, becoming the first enterprise in Shandong Province listed on the Shenzhen Stock Exchange main board after the registration system was adopted.

Founded in December 2015, Tengda is mainly engaged in the R&D, production and sales of stainless steel fasteners, and is one of the leading enterprises in China’s stainless steel fastener industry in terms of production scale. Against the backdrop of a continuously high industry boom, Tengda has ranked top three among its industry peers for three consecutive years in terms of sales revenue, with a clear export advantage.

NAFCO to Build a Malaysian Plant

NAFCO, a leading Taiwan-based manufacturer of fasteners for aerospace and high-end industrial applications, announced on October 27 that it plans to invest in a Malaysian subsidiary in response to the company’s future operational development and planning. The initial investment is expected to be approximately US$5 million and the plant will specialize in the production of automotive and aerospace fasteners.

Founded in 1977, NAFCO currently has two production bases in Taoyuan, Taiwan and Jiangsu, China. The completion of the Malaysian plant will further enhance its production capacity in the automotive and aerospace fastener fields. The company has also obtained international certifications such as IATF 16949:2016, ISO 9001:2015, AS 9100:2016, ISO 17025, Nadcap, ISO 14001, ISO 45001, ISO 14064-1:2018, ISO 27001, etc. The quality of its products has been recognized by many customers around the world.

Sundram Fasteners Limited Enters into MoU with Government of Tamil Nadu for INR 1,411 Crore Investment

Sundram Fasteners Limited, one of the largest suppliers to OEMs and automakers globally, entered into a Memorandum of Understanding (MoU) with the Government of Tamil Nadu for a proposed investment of INR 1,411 crores during the Tamil Nadu Global Investors Meet 2024, Chennai.

The investment is proposed to be made in Sundram Fasteners Limited factories across Tamil Nadu situated at Padi; Mahindra World City, SEZ; Velappanchavadi; Gummidipoondi; Hosur; Aviyur, Madurai and Mittamandagapattu, Villupuram. Among the aforementioned, the investments made in Mahindra World City, SEZ fall under both the Industrial Policy and the EV Policy.

The planned investment spans up to 2027–2028 and will be used for capacity expansion of existing products, including components for electric vehicles. This strategic move solidifies the company’s commitment to the state’s economic development,

generating employment opportunities for over 1,500 individuals in Tamil Nadu.

Ms. Arathi Krishna, Managing Director, Sundram Fasteners Limited said, “We have a supportive government that prioritizes innovation and industrialization, making Tamil Nadu an attractive destination for investors. With this strategic investment, we are proud to expand growth opportunities and reach new milestones. We are grateful to the Government of Tamil Nadu for their unwavering support, which has played a crucial role in our success. As we move forward, we remain committed to producing and delivering highquality products, creating a positive impact on our community, and contributing to the State’s overall economic prosperity.”

Bulten Establishes Operation in India Through Joint Venture Company

Bulten is establishing manufacturing operations in India through a newly formed joint venture company – Bulten Radium Industries Private Ltd. – alongside two partners: Radium Fasteners Private Ltd. (Radium) and ZJK Precision Parts HK (ZJK). The driver is an increased need for domestically produced micro screws among international customers in the electronics sector with production in India.

“Our ambition is to increase sales, primarily of micro screws, to companies in the electronics industry. India is a growing market for this segment, as many international manufacturers of electronics are locating more and more of their Asian production in India. This is the driver behind our new operation in India, and we plan to begin production during the first half of next year,” says Anders Nyström, President and CEO of Bulten. The operation will be based at a new production plant currently being constructed in Jamnagar, in the western Indian state of Gujarat. The aim is to be fully up and running during the second quarter of 2024, and to have about 50 employees. The building will be leased by Bulten Radium Industries Private Ltd. and therefore involves only limited investment costs for Bulten. Bulten has a 51 percent holding in the newly formed joint venture company. ZJK has previously been a partner to Bulten for the manufacture of micro screws in China, and Radium is a newly formed company owned by experienced players in the fastener industry in India. As well as the newly started JV company, Bulten also operates in India through the newly acquired distribution company Exim & Mfr Enterprise.

Optimas Announces Plan to Develop Fastener Manufacturing Facility in Monterrey Mexico to Support Regional Sourcing Strategies

Optimas Solutions, a global industrial manufacturer/distributor and service provider, announced it will open a cold form manufacturing plant in Monterrey, Mexico in the second half of 2024.

The Mexico production center will complement world-class fastener manufacturing facilities in Wood Dale, IL, and Droitwich Spa in the United Kingdom and continue the company’s near-shoring efforts to minimize supply chain risk.

“More than ever, resource availability has given way to accessibility in the form of regionalization,” said Daniel Harms, CEO of Americas. “Our expanding localization strategy enables us to be more agile with our manufacturing and sourcing capabilities for industrial customers and suppliers.”

“We took great care to design our Mexico facility to mirror our capabilities at our manufacturing operations in Wood Dale so they can effectively play off each other,” said Ricardo Alonzo Rodr i guez, vice president and general manager of Optimas in Mexico. “This ensures customers and suppliers have access to the same engineering, tooling, manufacturing and quality processes regardless of where we produce the fasteners.

Optimas Solutions is one of only a few companies with in-house cold forming in the US, UK, and now, MX, which complements global distribution for fasteners and C-Class parts procurement. By working with a fullservice distributor that is also a manufacturer, industrial producers can take advantage of multiple procurement paths and be supported by automated replenishment services, predictive analytics, engineering creativity, a certified quality management system and existing carrier relationships that ensure reliable delivery.

“The ability to dual source adds significant strength to a customer’s procurement strategies because you can combine the breadth and depth of sourcing with the ability to manufacture more complex parts locally,” said Harms. “With fluctuations in demand occurring at an ever-increasing rate, procurement specialists depend on business partners that are flexible to meet production requirements.”

Brighton-Best, Parker Fasteners Announce Strategic Partnership

Brighton-Best International and Parker Fasteners announced the formation of a strategic partnership, starting in 2024. This partnership is likely to revolutionize the fastener industry by having quicker lead times.

Parker Fasteners, a manufacturer with a strong foothold in the U.S. domestic market, has been operational for over a decade and has earned a reputation for being customercentric. Brighton-Best International has been in business for nearly 100 years and is known for nationally high levels of stock.

The agreement will focus on promoting the expansion of BBI’s stainless steel lines. The partnership is expected to support distributor companies to expand their reach and increase their revenue and product offering of stainless steel.

Nord-Lock Group Rewarded at Fastenal’s 2023 Supplier Awards

Nord-Lock® wedge-locking washers have always been an exceptional choice for manufacturers when looking for the safest, most reliable bolt-securing solution. And to ensure that the washers get to those who need them, Nord-Lock has always put a lot of effort into maintaining and streamlining productive, reciprocal collaborations with its partners and distributors.

During the Fastenal’s 2023 Supplier Award, that strive was recognized by honoring the North American team with the prestigious “Supplier of the Year” award.

Based on a thorough scorecard evaluating 25 different metrics, such as order acknowledgment, labeling, and a range of others, Nord-Lock came out on top in a category consisting of 97 suppliers. So, in addition to their superior washers, the award serves to recognize Nord-Lock’s simultaneous market-leading position for providing smooth, customeroriented supply and customer services. A more detailed look at 2023 shows that the Nord-Lock team outperformed the competition in ten of twelve months.

“When you pair a superior product with an incredible team, amazing things happen,” says Shea Usher, Head of Sales North America. “So proud of my team and their accomplishment of being named 2023’s best-in-class supplier at Fastenal’s Supplier Awards”.

The award marks a remarkable milestone in the over 20-year-long partnership between Nord-Lock and Fastenal. With the award, Nord-Lock’s North America division heads into 2024 with an energizing tailwind, inspired to improve on its already market-leading position in everything supply-related while continuing to offer the world’s safest bolting solutions.

TriMas Appoints New General Manager of Its Allfast Fastening Systems Business

TriMas announced the appointment of William “Bill” Carrigan to the position of Allfast Fastening Systems General Manager, effective December 1, 2023. He will report directly to Vitaliy Rusakov, recently hired as President of TriMas Aerospace.

Carrigan has a proven record of success in elevating performance within the aerospace fastener sector. He has held operating positions of increasing responsibility at leading aerospace companies, including Howmet Aerospace, previously a division of Arconic and Alcoa, and Consolidated Aerospace Manufacturing. Throughout his career, Carrigan has consistently driven revenue growth and performance improvement, while committed to operational excellence. He earned a dual undergraduate degree in Operations Management and Management Information Systems from the University of Wisconsin. “With a proven track record in the aerospace fastener industry, Bill brings a breadth of leadership experience and industry expertise, making him a valuable addition to our Allfast team and TriMas Aerospace group,” said Thomas Amato, TriMas President and Chief Executive Officer. Allfast Fastening Systems is a leading global manufacturer of solid and blind rivets, blind bolts, temporary fasteners and installation tools for the aerospace industry with content on substantially all commercial, defense and general aviation platforms in production and in service. TriMas Aerospace, TriMas’ second largest reportable segment, is a leading designer and manufacturer of a diverse range of products, including, but not limited to, highly-engineered fasteners, collars, blind bolts, rivets, ducting and connectors for air management systems, and other highly-engineered machined parts and components, for use in focused markets within the aerospace industry.

Acquisitions

PennEngineering®

Acquires Sherex Fastening Solutions

PennEngineering® announced the acquisition of Sherex® Fastening Solutions, a global leader in the design, manufacturing, and installation of blind rivet nuts and associated fastening solutions. Headquartered in Buffalo, New York, Sherex is a premier technical provider of blind rivet nuts, with strong application expertise, and production capabilities worldwide. Sherex has achieved an impressive growth trajectory and continues to grow through technical solutions selling, providing best total installed cost solutions along with industry leading rivet nut capabilities.

“When combined with our ATLAS® rivet nut brand, the Sherex acquisition positions the company to be the premier provider of rivet nuts worldwide. We are extremely excited to be bringing the expertise of Sherex to the PennEngineering® family,” said Pete George, CEO. “Their entrepreneurial spirit and technical acumen, combined with our ATLAS product line and broader PennEngineering capabilities, will strengthen our ability to quickly deliver innovative, high-quality fastening solutions to our customers around the globe.”

According to Sherex President, Adam Pratt, “teaming up with PennEngineering allows Sherex to provide our customers with additional global manufacturing capability to meet their demands around the world. Our long-standing customer relationships, combined with the reputation and history of PennEngineering will allow us to continue to provide enhanced value to our customers.”

Adam Pratt will assume the role of President of Sherex and ATLAS, reporting to Pete George, CEO of PennEngineering. Alex Hsiao will continue as General Manager, Sherex Taiwan.

Endries Acquires Alliance Nut & Bolt

Alliance was founded in 1978 by Leon and Kevin Oshman. From the beginning, the business set out with a passion and commitment to provide the marketplace with an unparalleled level of customer service. In 1999, Kevin purchased his father’s stock, securing complete ownership, and embarked on a journey of growth. Today, that passion, commitment and drive for growth remains core to Alliance, which operates facilities in Salina, Kansas, and Okarche, Oklahoma.

Alliance Nut & Bolt’s major fulfillment offerings include vendor-managed inventory, dockto-dock managed inventory

and kitting solutions. Rick Ambrosier, a 20-year veteran with the company, will continue in a leadership position as branch manager. Kevin Oshman will remain with the company during a transition period.

Endries is a leading distributor of fasteners and Class-C parts serving industrial original equipment manufacturers and the industrial marketplace worldwide. From its headquarters in Brillion, Wisconsin, and 11 U.S. and international distribution centers, Endries provides over 500,000 SKUs to its customer base.

Endries operates primarily through a vendor-managed inventory model, managing C-part categories for its customers across diverse industrial end markets. Endries partners with customers through robust replenishment systems that provide products and support services, which are critical to maintaining the manufacturing process.

OneMonroe Acquires Electronic Fasteners

Monroe Engineering has recently completed the acquisition of Electronic Fasteners, Inc. (EFI), a wholesale stocking distributor. From now on, Electronic Fasteners will be known as Monroe EFI. According to a press statement, the combined strength of the two companies is expected to lead to better customer service, expanded product offerings, and deeper supplier partnerships.

OneMonroe is an ISO 9001:2015 certified global industrial manufacturing company, offering a broad product line and has a diverse customer base of manufacturers and distributors across several vertical markets.

This means the Electronic Fastener team — now Monroe EFI — has expanded access to thousands of additional vendors and products through the nationwide OneMonroe network. The companies will operate much as before, but with the additional advantage of shared knowledge and products to serve the market better.

compiled by Fastener World

Suzhou Ruibo Machinery & Electronic Co., Ltd. Expands High Quality Stamped Parts & Washers to Japan, U.S. and the World

蘇州瑞博機電 高品質衝壓件與墊片拓銷日本、美國與全球

General Manager Matthew Zhou graduated and nurtured his expertise in stamping dies manufacturing from Harbin Institute of Technology (China). There, he was determined to study and produce highly efficient anti-loosening washers. In 2005, he founded Suzhou Ruibo Machinery & Electronic Co., Ltd. (below referred to as “Ruibo”) which focuses on the high-end market and integrates R&D, design, automated production and sales. The company has successfully supplied high-quality products to the railroads, automobiles, wind energy, photovoltaic, machinery and equipment, elevators, motors, power distribution equipment, electronics and other industries.

Diverse Production and Sales Across Many Places Overseas

Ruibo's product lineup includes DIN25201 wedge lock washers, DIN6796 conical spring lock washers, NFE25511 conical contact lock washers, SN70093 toothed contact lock washers, DIN9250 double side knurl lock washers, and other non-standard stamped parts. These products are mainly available in carbon steel and stainless steel. The carbon steel materials include 65Mn, 51CRV4, SK5, 27MnCrB5, CK60, etc., and stainless steel materials include SUS304 and SUS316L. The main outsourced processes are heat treatment and surface treatment. The types of surface treatment include Dacromet, Zincflake Coated, Geomet, blackening, electro-galvanizing, mechanical zinc plating, etc. They provide clients with professional and personalized service, and also customize stamped parts according to customers' samples or drawings to meet market demands for diverse production.

Over the past 20 years, they have expanded their manufacturing area to 4,500 square meters, accommodating 22 stamping lines, 4 CNC machines, 2 automated packaging machines, 1 eddy current sorting machine, 4 grinding machines, 2 EDM machines, and 3 WEDM machines. With an annual capacity of 2,000 tons , they have become a sizable manufacturer and exporter of lock washers and stamped parts. In addition to satisfying the domestic market, their products are exported to the America, Europe, Southeast Asia, the Middle East, etc., and have been well received by clients.

Contact:

Jack Li

Email: jack@rbo-global.com

Three in One: Quality Control, Smart ERP, Complete Logistics

To strictly control production process and ensure stable product quality, the products are stamped and shaped with high-precision dies, and then heattreated to make mechanical properties compliant to the National, German, and U.S. standards and international standards, and pass ISO 9001:2008 and IATF 16949:2016 certification. Additionally, Ruibo set up an independent lab equipped with transverse vibration testers, computerized tensile testers, projectors, profilers, salt spray testers, Rockwell hardness testers, micro hardness testers, metallurgical microscope and other professional testing equipment. The quality department carries out strict production control in accordance with product standards and specific requirements from customers to ensure that product size, performance and quality meet the requirements before shipment.

Further, Ruibo has established a complete logistics system by introducing ERP many years ago. Using and running ERP allows the company to greatly reduce human errors and extend lead times, and it also fosters standardized warehouse operations to ensure accurate inventory quantities. Matthew observes that although there are still unknown challenges in the market environment this year, fastener demand is increasing year after year, so he has to continue developing new clients and new markets, and simultaneously secure the number of orders placed by existing customers.

With the aforementioned logistics system and improved product quality control, he is able to ensure providing his clients with high value-added products and fast service to help them become more competitive in the market. Looking ahead to 2024, he has a new goal in mind, which is to expand high-quality product sales to Japan and the U.S. and to focus on potential clients in the global market!

Copyright

Jiaxing Haina Fastener Digging “Green” Gold and Right on Track with CBAM 嘉興海納緊固件有限公司

Contact: General Manager, Tony Fang

Email: tony@hainafastener.com

因應CBAM潮流掏「綠」金

Double Ace Cards: Stainless Steel Fasteners & Photovoltaic Accessories

Jiaxing Haina mainly manufactures and sells stainless steel fasteners and photovoltaic parts, aluminum profiles and parts to Europe and South America. Their monthly sales volume is about 600 tons and annual production value has breached RMB 150 million. They also have thousands of tons of stainless steel fasteners in stock, including DIN933, DIN912, DIN934, DIN125, DIN603, DIN975, DIN976, DIN6023, photovoltaic double head bolts and stainless steel rooftop hooks.

Huge Success Last Year with 3 Milestones

2023 for Jiaxing Haina is full of achievements with many critical business goals realized, demonstrating their strength and competitiveness in foreign trade! The first achievement is solid sales growth and considerable income, showing their excellence in customer service and market development, as well as their products’ popularity in the international market. The second is providing high quality products, with continuous R&D to drive product innovation and strengthen their position in the industry. The third pertains to the field of sustainability, where they actively respond to calls for environmental protection and social responsibility. By improving production processes and promoting green supply chain management, they effectively reduce carbon footprint.

quality and performance to meet the market standard.” He is actively focusing on CBAM and carbon reduction and thinks of them as key industry trends. He will develop more efficient, environmentally-friendly, and performance-improved PV products, use more environmentally friendly materials, reduce carbon emissions from manufacturing processes and energy sources, and improve product recyclability. He will also increase market development and plans to promote PV products and provide customized services in Germany, Spain, the Netherlands, Portugal, and other countries that have adopted green energy policies and encouraged solar power generation.

In the PV industry, authoritative certification is the key to ensuring product quality, safety and performance. Jiaxing Haina has acquired IEC, CE, CQC and other certificates, which not only enhances market competitiveness of products, but also strengthens the trust of customers. “We look forward to playing an active role in the global PV industry development and to strengthening exchanges and collaboration with international partners to jointly promote sustainable PV industry development," said Tony. This January, Jiaxing Haina exhibited at Solar Energy Expo (Poland) and displayed the latest solar products and technologies to increase brand influence and promote business expansion into the wider international market.

Actively Engaged in Carbon Reduction to Respond to CBAM Requirements

General Manager, Tony Fang observed that CBAM and the world’s focus on carbon reduction are driving the spread of solar power adoption, providing more market opportunities for the PV (photovoltaic) industry. “Specialized in PV accessories, we see positive influence of this trend on sales," he said.

“With increasing solar power projects, photovoltaic product demand has also increased. We will seize the opportunity to continuously improve product

2024, Aiming for the World!

Jiaxing Haina will embrace new 2024 more actively and build a solid ground for sustainable development through market expansion, product innovation, team formation and environmental protection practices. “We anticipate growing with partners in the new year and providing better products and services to our customers," said Tony in excitement.

Copyright

Ningbo Xinfeng Machinery Industry

Self-drilling Screw with Speed Upgrade, Penetrating Ultra-hard Steel Plates

Xinfeng started with expansion screws and developed into a manufacturing and trading company which includes all kinds of screws, with a focus on hex flange head self-drilling screws strictly complied with AS3566.2 Standard. It was founded in 1995 when the Chinese market was in full swing for infrastructure construction. The founder found in his market research that hex washer head self-drilling screws can be widely used in factory construction, so he purchased his first manual punching machine in 1999 to start manufacturing self-drilling screws, and then his first high-speed self-drilling screw forming machine in 2006. He built a 10,000 m2 factory in 2015, and in 2018 and 2019 respectively purchased his first and second carburizing quenching furnaces to take his annual output above 20,000 tons. At present, his factory is equipped with 100 machines including those for cold heading, self-drilling screw forming, thread rolling, shank slotting, etc., with a monthly capacity of over 600 tons of various screws. The company is now able to provide self-drilling screws with hex washer head, modified truss head, countersunk head and pan head, as well as heavy-duty chipboard screws with round washer head and countersunk head. These products are available in materials such as 1022A-10B21-304-410, and in various colors.

The company also has a laboratory where condensation test chambers (coating bonding), environmental test chambers (environmental simulation), and salt spray test chambers (corrosion simulation) were purchased to quickly simulate environmental changes in real-world applications. Product process monitoring equipment includes tensile testers, hardness testers, microscopes and projectors. Quality control can be carried out according to drawings, and customized production is also available for customers.

Satisfying customer's actual demand is the first priority in Xinfeng's production and operation. Especially with hex washer head screws with EPDM bonded washers, Xinfeng keeps improving production process and attaches great importance to customer's requirements on tapping speed. From formerly penetrating within 11 seconds to now within 4 seconds, continuous pursuit of quality and speed yields a good result. In addition, Xinfeng continuously develops new fasteners by adjusting materials, self-drilling screw forming and heat treatment technique. Months later, the company successfully developed a new self-drilling screw for customers which can penetrate through ultra-hard high-strength steel plates.

Xinfeng exports heavy duty truss head and countersunk head wood construction screws to Europe, and hex washer head screws with EPDM bonded washers to Mexico. Particularly, Xinfeng’s Aluminum-Zinc Coated screws production and sales to Southeast Asia hit a record high. General Manager Xufeng Feng said that the company's aim is to manufacture screws that save efforts for customers, "In the future, we will actively innovate and update our carburizing quenching furnace. At present, we mainly want to develop the Southeast Asian market for our Aluminum-Zinc Coated screws, and we are striving to increase our production and sales capacity by 30% from the base year 2023!”

Contact: Xufeng Feng, General Manager

Email: xufeng@xffastener.com

Craftsmanship for Non-standard Fasteners

Shangjia Hardware Stands Firm on the Global Market

匠心工藝打造非標緊固件 上嘉五金站穩國際市場

Shangjia contact: Mr. Zhu

Email: sjzhz@hyshangjia.com

Haiyan Shangjia Hardware Co., Ltd. officially started its business more than 10 years ago. Originally established as a packaging service provider, Shangjia began to introduce cold forging equipment for gradual transformation as its business operation became more mature and it was optimistic about the prospects of the market development, and formally stepped into the field of professional fastener manufacturing. Unlike other domestic industries specializing in the production of general standard parts, Shangjia focuses on the processing of non-standard bolts/ screws and special parts which are more difficult to process and have more stringent quality requirements. With the support of its processing knowledge and technical expertise accumulated over the years as well as the concerted efforts of its team members and their continuous search for breakthroughs, Shangjia has gradually grown and prospered to its present scale of operation.

Complete OEM+Customized Production Lines to Serve Global Customers

In order to build a professional and highly efficient production line, the 3,600 sq. m factory is equipped with 10 sets of cold forging machines, 8 sets of threading machines, 15 sets of CNC lathes, 6 sets of Swiss-type CNC lathes, 6 sets of tapping machines, 4 sets of optical sorting machines and other professional processing and quality control equipment, and through dozens of professional technicians' control and adjustment operations, the overall capacity of its production lines is maximized. Currently, its monthly production capacity is about 180 tons, enabling it to meet the demands of both domestic and overseas customers

Shangjia's non-standard products are comprehensively used in various applications, with approximately 45% supplied to the automotive industry, 30% supplied to customers in the electric appliance field, and about 25% supplied to the furniture manufacturing industry. In terms of domestic and international sales, about 70% of its products are exported to markets outside of China, with Europe being the largest export destination. In addition to OEM production, it can also provide customized services to customers upon request

“5S” Management to Ensure Strict Quality Control

The well-planned processing of products has been certified to ISO 9001:2015, which guarantees that every product customers receive from Shangjia meets the strict international quality standards. “Providing customers with high quality products is our persistence. We have already passed the ISO9001:2015 certification, and we are planning to apply for the IATF 16949 certification in the future," according to Shangjia.

Shangjia's "5S" management is deeply implemented in the production workshop, parts warehouse, raw material area, finished product area and packaging area. It has fulfilled supplier audit, incoming material inspection, raw material control, product sampling and inspection, and introduced professional Rockwell hardness tester, projectors, tensile strength testers, calipers, salt spray machines, etc., to provide more stringent quality control for customers' valued products.

In response to the demand for non-standard products in the mid-to-high-end market in 2024, Shangjia will continue to deepen its cooperation with customers in advanced markets such as Europe and Japan. On the other hand, Shangjia will also participate in Fastener Fair USA in May, Manufacturing World Tokyo in June, Manufacturing World Osaka in October, and Fastener Fair Italy in October, in the hope of exploring more business opportunities in other markets that have a demand for related products and are suitable for them.

Copyright

Contact: Manager Lisa Liu / Email: tc.lisa@tian-cong.com

Hebei Chaishi New Energy Technology Integrating R&D, Production, Sales, and Distribution

河北柴氏新能源科技有限公司 研發生產、銷售配送 一次到位

Hebei Chaishi New Energy Technology Co., Ltd. ("Chaishi") specializes in the manufacture and export of bolts, nuts, railroad fastening components, selfdrilling screws, threaded rods, washers, and special fasteners for OEM production and customization, and is headquartered in Yongnian District of Handan City, a famous standard parts production base in North China. General Manager Chuan-Qiang Chai inherits the tradition of excellent quality & considerate service of the fastener enterprise founded by his father more than 35 years ago and has led Chaishi to occupy a major share of relevant industries in the Chinese market and export to 35+ countries. Chaishi continues to strengthen the trade cooperation in all continents to provide buyers around the world with high quality fasteners and good service.

Focus on Technological Innovation and Introduction of New Equipment

Understanding the highly competitive and diversified nature of the fastener industry, Chaishi has been committed to upgrading its manufacturing technology since its establishment and has paid particular attention to the improvement of existing equipment and the introduction of new highly-efficient equipment. Following this entrepreneurial spirit and development philosophy, Chaishi has continued to expand its production scale and customer service. At this stage, its factory has reached a size of 5,000 sq. m with 60 employees and dozens of sets of processing equipment. With a monthly production capacity of 3,000 tons, it provides development and manufacturing of various fasteners used for railroads, auto parts, locks, mines, construction, power, transportation, photovoltaic, bearings, cables/wires, and many other industry sectors, such as hex bolts, threaded rods, foundation bolts, stud bolts, square bolts, Allen key bolts, and screws.

"In order to ensure that our customers receive high quality products, we have not only mature production technology, but also comprehensive fastener testing equipment (incl. hardness testers, tensile strength testers, zinc layer thickness testers, spectral testers, weighbridges, environmental equipment and other product testing equipment) and testing personnel. Our geographical advantage also puts us ahead of many of our peers in providing a one-stop service that integrates R&D, production, sales, service and distribution. We even have many engineers and technicians experienced in the design and manufacture of fasteners and can stand on the front line to do the most stringent quality control for our customers' products," said General Manager Chai.

Not Only Standard Parts, But Also Customized Services Have Been Praised by the Industry

Chaishi's products have been certified by ISO9001, ISO14001, ISO45001, and CE and are widely used in photovoltaic, wind power, machinery, railroads, highways, bridges, etc. Its products have not only been sold well in China, but also gained high appraisal and feedback in the important fastener demand markets in Europe, America, the Middle East and Southeast Asia.

“Backed by experienced management/technical/logistics/financial staff, customized technology is also Chaishi's strength," said General Manager Chai. “In the future, we plan to apply for more international certifications for fasteners and participate in the PV project of Power Construction Corporation of China. On top of the existing markets, we will further expand our trade and large-scale cooperation projects in South America, North America, Russia, Central Asia, Australia and Southeast Asia in 2024."

Copyright owned by Fastener World / Article by Gang Hao Chang, Vice Editor-in-Chief

卓邦2024新品拓展緊固件外銷之路

Geobo Expands Fastener Sales with New Product Release in 2024

In 2023, amidst the global economic downturn and deteriorating trade environment, Ningbo Geobo Hardware Co., Ltd. recorded an over 20% growth in annual sales against the trend, which could be attributed to its technological/product/cost advantages accumulated over the years in the industry as well as its excellent sales team.

Targeting the Mid-to-High-End Fastener Market

In 2024, Geobo will continue to focus on developing the mid- to highend fastener market. "Based on analyses and customer feedback from mainstream markets, and taking into account future developments, there will still be a possibility for growth in the number of PV installations,” said Kerry Tu, Geobo General Manager. In the first ten months of 2023, exports of PV products totaled US$42.99 billion. 2023 exports of PV wafers were expected to grow by more than 90% year-on-year; exports of PV cells were expected to grow by more than 70% year-on-year; and exports of PV modules were expected to grow by more than 34% year-on-year, with the global investment in PV expected to reach US$382 billion in 2023. It is expected that by 2030 the renewable energy will account for half of the electricity generation and the global installed capacity of PV will exceed 5,000GW.

On the other hand, Europe's carbon emissions policy will continue to stimulate the use of clean energy in all sectors. Policy promotion and more enterprises and families choosing to use PV will accelerate the rapid popularization of photovoltaic energy, which will further reduce the cost of production of photovoltaic energy, and ultimately reach a mature demand market. Where there is demand, there will be a market, and where there is a market, there will be supply, which will continue to create space for Geobo's development.

Secondly, as China's economic restructuring and upgrading policies continue and have achieved significant results, the upgrade of the global manufacturing has been facilitated. Fasteners, as bread of the industry, has been widely used in every corner of the industry. High-end manufacturing industries need high-end fasteners, while new equipment, energy, construction, and technology will also give rise to a huge demand for fasteners. Finally, as the overcapacity of traditional standard parts becomes a serious issue and the economic downturn led to the decline in global demand that further aggravated the overcapacity, the fierce competition within the industry will continue. However, Geobo will insist on high quality and good service and won’t rely on vicious competition to get a short-term increase in its market share.

Optimistic About Benefits of "One Belt, One Road” and Releasing Several New Products

Geobo has continued to develop new and popular products in the market. In addition to launching the photovoltaic series, Geobo has also developed a variety of non-standard stainless steel bolts, screws and stamped parts.

The newly released concrete bolts include: regular new type and bi-metal concrete bolts series, DIN6885 flat key stainless steel 316 titanium special material series. In H1 2024, it also plans to launch the combined series in steel boxes. In the end of 2023, it set up a new packaging workshop and is ready to invest more resources to develop endretail customers (mainly in Australia and Europe) who have high requirements on quality/lead time/packaging.

With the in-depth implementation of China's "One Belt, One Road", China has signed 230+ "One Belt, One Road" cooperation agreements with 150+ countries and 30+ int’l organizations. On November 29, 2023, China also signed the same agreements with 22 Arabian countries and the Arab League. From 2013 to 2022, the total import & export volume between China and the signatory countries reached USD 19.1 trillion, with an average annual growth rate of 6.4%; the two-way investment with the signatory countries exceeded USD 380 billion in total. The active participation of relevant countries has accelerated the regional economic integration and the depth of the development of the int’l trade in a comprehensive manner. Many countries offer China visa exemption or simplify immigration procedures, making cross-border trade more convenient and efficient. The volume of bilateral trade is growing rapidly.

"This is a major trend that brings us new opportunities to strengthen trade with the ‘One Belt, One Road’ countries and expand our business. Despite the challenges and uncertainties of the int’l situation, Geobo will definitely continue to grow in 2024 and will work hard with the industry to consolidate our current presence and embrace the upcoming future," said General Manager Tu.

DIN6885 flat key stainless steel 316 titanium special material series

Regular new type and bi-metal concrete bolts series

Combined series in steel boxes

Ningbo World Broad Hardware & Electrical 27,000m2 Production Line Launches Production This Year 寧波世裕五金電器有限公司

2.7萬平方米緊固件產線今年投產

World Broad integrates R&D, design, production and sales. It processes, manufactures and sells high-end construction anchors, non-standard and customized fasteners, high-strength bolts, automotive bolts, railway bolts, ship bolts, etc., providing clients with specialized and customized production (OEM / ODM). With more than 20 years of experience, it helps clients solve all sorts of fastener problems and succeeds in pushing sales into North America, Europe, Australia, Southeast Asia and other places. Now it works with clients from the top 500 enterprises as well as industry leaders.

Continuously Increasing Capacity

Since its founding, World Broad has been expanding production lines and introducing automated fastener manufacturing equipment. Right now it has advanced cold forging machines, threading machines, high-speed automated punching machines, CNC machines, automated assembling machines, etc. The annual capacity has reached over 5,000 tons.

In addition to offering large capacity, the company can provide customized packaging, including bulk, small box, plastic box, bag, and blister packaging to meet various packaging needs from clients (including supermarkets).

Multi-certified Quality System

To World Broad, production technique and craftsmanship embody the promise and guarantee to customers, and they are supported by a solid quality inspection system. The company has

an independent lab and inspection personnel who oversee from first-sample inspection to incoming materials, in-process inspection and final inspection in order to fully control product quality and achieve quality stability at ppm 1.33. The complete inspection equipment includes metallurgical analyzers, Vickers and Rockwell hardness testers, projectors, salt spray testers, tensile testing machines, concrete tensile machines, plating thickness gauges, which are continuously being updated.

This quality system passes ISO 9001, CE, ETA, ICC, ABS, UL and many standards every year. World Broad says to stick to the mission statement of “high standards, sophistication, and zero defection” and prioritize on quality to build an enterprise having core competitiveness and core values. The manufacturing site is managed based on 5S management and runs along the 6S guideline.

World Broad’s Development Goal

The company launches a new 27,000m2 area which is set to increase capacity and production lines by 100%. It also invests in more inspection and test equipment as well as highly skilled employees to manufacture and sell high-end and high quality products to the world, aiming to make its World Broad® brand known to the world!

Contact: Lujun Fang, General Manager

Email: lujunf@shiyu-anchor.com

Aspiring to

be a

Leading Construction Anchors Manufacturer, Xintai Hardware GM Ying Jian-Jun: "Win Int’l Recognition with High Quality Anchors"

以成為建築錨栓領跑者為職志 鑫泰五金應建軍總經理: 「用高品質錨栓贏得國際認可」 Copyright

Xintai contact: Manager Yang, Xu

Email: sales01@xtanchor.com

Yuyao Xintai Hardware Co., Ltd. with a production base of about 9,000 sq. m near Hangzhou Bay supplies a wide range of high quality anchors and high strength fasteners to the global market. Over the past 20 years, it has continued to achieve excellent sales results in all major fastener markets by virtue of its stable and excellent product quality and perfect technical support to satisfy the needs of various industrial users. In addition to the strong operation, technology and business support team's close synergy to make great contributions, General Manager Ying Jian-Jun is even a quite important helmsman to lead the company to move forward.

Replicating Precision Engineering Concepts to Fastener Manufacturing

GM Ying studied at Harbin Engineering University, and after graduation, he joined a shipbuilding company to work as a designer. During that time, he deeply realized that even a smallest screw can play a key role in the overall project, so it is important to specialize in the quality of each screw. In addition, 20 years ago, China's local anchor industry was not yet matured and international recognition was not yet high, which made GM Ying determine to establish Xintai and introduce the concept of precision engineering. "In the early days, China's local anchor industry was mainly dominated by Taiwan-invested enterprises, which had already gained the recognition of more international anchor brands than the local enterprises in China. Under this background, I set up my own factory, hoping to take the lead in making the quality of anchors better and win the recognition from the international market," said GM Ying.

Expanding the Customer Base and Transforming into a Manufacturing & Trading Company

Even though GM Ying has a strong background in engineering design, he encountered lots of difficulties in communicating and cooperating with some customers and expanding his business at the beginning because of the high competition in the international fastener market when the company was just founded and the fact that he was still trying to figure out how fastener trade with customers was working. Nevertheless, he seized the opportunities to learn from his classmates in the field of foreign trade and searched for information to familiarize himself with the products, and then set up a trading company 5 years after the establishment of Xintai, successfully transforming it into an enterprise that can do both manufacturing and trading. "With the growing volume of business, I gradually felt overwhelmed as the head of the company who was also in charge of purchasing and sales, so I chose to set up a trading company to communicate more directly with customers, and the number of foreign customers grew rapidly after that. Before that, our customers were mainly foreign trading companies," said GM Ying.

Establishment of Hardware & Software and Planning of Internal & External Training

In order to make Xintai more competitive externally, GM Ying also focuses on personnel and product quality. In terms of personnel, there are internal and external training systems, and in the future, it plans to set up an internal training instructor group to conduct a more regular and comprehensive training mechanism. As for the products, they are strictly controlled by a independent lab and follow the requirements of the quality management system. It also plans to increase the number of quality control and laboratory staff to strengthen the quality control process, as well as to apply for the ETA certification for main products, and to invest in the R&D of new products. "Responding to the current situation, we are seeking for changes and development. We hope to provide the safest construction anchors for the world and aim to become a century-old enterprise with sustainable development,” said GM Ying.

Not Just Good But Better!

GRAND METAL Meets Fastening Requirements with Craftsmanship

"Not only meeting standards, but also excellence" is the deep impression that Dongguan Grand Metal Company Limited, China's leading supplier of self-clinching fasteners, nuts, screws and studs, has left in its customers’ minds for over 2 decades. With the accumulation of mature OEM production and rich customer service experience, Grand Metal not only specializes in OEM production of standard products, but also possesses strong in-house R&D capabilities for standard parts. In the field of self-clinching parts development it has been in the forefront of the industry for years and its sale this year has even grown significantly by more than 20%.

In order to let each customer find the most suitable fastening solution, Grand Metal employs German consultants to assist in refining welding performance and optimizing product design, and also classifies the product specifications for various applications with different sheet metal thicknesses according to the industry and int’l standards. With the spirit of no compromise on details and extreme performance like a top "craftsman", Grand Metal always provides products exceeding customers' expectations and requirements in terms of application and performance.

"We have 4 workshops handling nuts, screws, machining and assembly. Our products include M3-M16 metric items and a growing range of imperial products, mainly supplied to sheet metal stamping customers, trade & distribution companies and global markets. Currently, our capacity is up to 5 million self-clinching parts a day," said General Manager Jason Zhu of Grand Metal.

Although the quality of its products is already in compliance with IATF 16949, Grand Metal continues to make breakthroughs in automotive applications (e.g. surface treatment like GEOMET321, Zinc-Nickel alloys, etc.). Its staff has also attended Product Safety and Compliance Representative (PSCR) courses and successfully obtained certificates issued by SGS, fully demonstrating their commitment to providing high quality products to customers.

In order to cope with future new trade regulations, Zhu revealed that the company is also planning to set up a joint venture in Malaysia in 2024, hoping to provide better services to global customers. He added, “Developing more markets and establishing partnerships are our plans for 2024. We hope to achieve a more balanced layout in different markets and realize a growth target of more than 10%.”

Financial Reports of Fastener Companies

The below tables list the companies whose financial year ends at the end of December, except for Torq's which ends at the end of October.

U.S.A

扣件大廠財報

Alcoa's 2023 net sales were USD 10,551 million, down 15.2% from USD 12,451 million in 2022. The company ended the year with a loss of USD 651 million in net income in 2023, compared to a loss of USD 123 million in 2022. Total assets decreased to USD 14,158 in 2023 from USD 14,756 million in 2022.

Fastenal's 2023 net sales were USD 7,346.7 million, up 5.2% from USD 6,980.6 million in 2022. Net income was USD 1,155.0 million in 2023, up 6.2% from USD 1,086.9 million in 2022. Total assets decreased to USD 4,462.9 in 2023 from USD 4,548.6 million in 2022.

Nucor's 2023 net sales were USD 34,713.501 million, down 16.3% from USD 41,512.467 million in 2022. Net income was USD 4,524.801 million in 2023, down 40.5% from USD 7,607.337 million in 2022. Total assets increased to USD 35,340.499 in 2023 from USD 32,479.210 million in 2022.

Europe

Bossard’s

net sales grossed

down

decreased by a margin between 6 to 17 percent. Sales in Asia resulted in the largest loss for the group.

Sales across all

Japan

Torq's 2023 revenue increased 6.2% to 21,757 million yens in 2023 from 20,477 million yens in 2022. Net profit increased 58.8% to 845 million yens in 2023 from 532 million yens in 2022. Total assets increased to 32,689 million yens in 2023 from 31,120 million yens in 2022. The company forecasts revenue to grow 5.7% in FY2024.

Fastener Innovation Alley

扣件新品大道

Compiled by Fastener World

Oxidation Colored Stainless Steel Screws

Japanese Ikeda Metal Industrial has developed stainless steel screws colored blue, yellow or red by oxidation coloring treatment. These screws are designed to help operators detect foreign substance contamination at the food production site at an early stage and to prevent shipment in a contaminated state. Stainless steel screws are commonly used in the assembly of food manufacturing machinery because of their corrosion resistance, but they can be difficult to locate if they become loose and fall off and get mixed with milk, mayonnaise or other white colored foods. In fact, there have been cases where packaging has been mixed with screws and shipped unknowingly.

To solve this problem, Ikeda Metal Industrial designed a special surface treatment called "stainless steel oxidation coloring" for coloring stainless steel screws to comply with the Food Sanitation Law. By easily identifying the color of the screws, even if it is mixed with food, it is possible to detect foreign substance contamination at an early stage and prevent shipment in a mixed state.

Acutrak 3 Headless Compression Screw System

Acumed, a medical device company, announced the release of its next generation Acutrak 3 Headless Screw System. Since 1994, this first-of-a-kind screw has been trusted by surgeons over 5 million times, successfully benefitting patients worldwide.

Acutrak compression headless screws embody simplicity, versatility, and ease of use for fracture fixation. Building on Acutrak 2's proven track record, Acutrak 3 advances prior design features with an industryleading novel thread pitch design to elevate surgical performance to new standards.

The launch of Acutrak 3 now includes a new 2.0 mm diameter Nano screw, and extensions to the current portfolio of Micro, Mini, and Standard screws. These additional size offerings will allow for further surgical options among Acutrak's approved indications.

Fasteners for Sheds and Small Buildings

Sheds and small buildings are a fast-growing segment that creates high demand for a variety of different fasteners. SPAX has various styles and types of fasteners which make them an attractive partner for any builder of these structures.

SPAX offers PowerLags® from ¼” to ½” in diameter up to 12” lengths in certain diameters and a #14 x 6¼” truss rafter screw perfect for fastening small truss systems inside of a shed.

SPAX also offers a multi-material screw in both a flat countersunk head as well as a low-profile wafer head, offered in both interior and exterior coatings. With a large range of diameters and lengths offered, SPAX has great solutions for framing, subfloor, decorative attachments, composite flooring, and many other applications. SPAX also offers most of their products in bulk options which makes it attractive for customers producing these structures in high volume.

Welded Bolts Not Requiring Heat Treatment

Welded bolts for high-strength steel plates have been in high demand. High-strength materials require the use of high-strength welded bolts, so conventional welded bolts are made of heat-treated high-strength steel. The manufacturing of welded screws calls for high carbon content in the material to increase bolt strength. However, the high carbon content results in poor weldability and sometimes reduces weld strength.

On the contrary, Japanese Yamashina's welded bolts are made of metal materials that do not require heat treatment, which saves heat treatment costs and improves quality. Due to the use of high strength materials, machinability is less desirable and advanced technology is required for its manufacture. Yamashina overcame this problem and began selling its welded bolts.

The characteristics of this product are as follows:

● Using high tensile strength materials

High-strength materials with a tensile strength of about 800 MPa. No need to harden the bolts by heat treatment.

● Achieving high-strength welding

Low carbon content in the material carbon makes for good weldability and enables safe and high-strength welding. To use Yamashina's welded bolts, weld it to a steel plate and stand it up.

Auto-Torq Axle Fastener

Auto-Torq Axle Fastener by Stemco is designed to streamline wheel end installation by eliminating the need for complex processes and specialty tools. With no need for washers, clips, snap rings, screws, or keepers, Auto-Torq makes installation simple and efficient, the company says. Plus, by applying the optimum clamp load on the bearings every time, bearing wear is minimized, resulting in the longest bearing service life.

Auto-Torq offers an all-in-one solution that is compatible with any industry hub manufacturer.

Japan's First Colored Titanium Blind Rivets

To meet the increasingly diverse and complex needs of the industry, Nissen Rivet in Japan has for the first time achieved 100% localized manufacture of titanium blind rivets using advanced processing technology. In addition to improving efficiency and productivity, the applications of the blind rivets as an environmentally friendly fastening technology are expanding. The company also offers colored titanium blind rivets (using anodized coating).

The most important characteristic of titanium is its high corrosion resistance. It is ideal for use in corrosive environments.

The weight is about 60% of stainless steel and iron. Ideal for weight reduction, e.g. for car and motorcycle silencers and truck bodies.

Titanium hardly ages over time and is highly recyclable. It also has nontoxic and anti-bacterial properties that make it a human-friendly material compared to other metals.

ICC Insert Nut

Japanese Iwata Bolt headquartered in Tokyo has recently added a new product “ICC Insert Nut” into its wide range of fastener portfolio, which, according to the company, can solve various plating problems.

This new product currently available in the size range of M3-M8 and with improved plating feasibility and silver clearance can create a closed-end by crimping the lid and eliminate common issues such as plating deposition. It can be applied to transportation, electronics and many other industries. With the application of this product, the overall length can be trimmed and the corrosion resistance, quality and reliability can be greatly improved.

Iwata Bolt under the leadership of President Kiyotaka and Iwata has been celebrating its 74th anniversary in 2023 and continues to strive for maintaining sustainability and achieving further growth.

Tamper-proof Recess Inner

Recess Inner ® rolled out by AzumaNeji from Japan is a tamper-proof part that restrains unauthorized removal of bolts by loading it into the recesses of a bolt. It was developed to improve safety by reducing the risk of destruction or disassembly to machines and systems. In addition, it also prevents dust from entering the hexagonal hole.

Three types (BARNACLE, FLAT, and PLASTIC) with different characteristics are available in this lineup. The stainless steel "BARNACLE" and steel (stainless steel color plated) "FLAT" types can be removed with a special tool, while the "PLASTIC" type leaves traces when removed. The "Barnacle" is made of stainless steel and has high corrosion resistance, while the "Flat" is suitable for use where design is prioritized. Plastic "PLASTIC" is available in two colors, white and black. The white type is mainly for indoor use or machine tools, while the black type is mainly for outdoor use.

It provides safety and security in a variety of locations and applications, including equipment and facilities in places where unspecified numbers of people come and go (park playground equipment, window grids, license plates, etc.), dusty locations in factories and outdoors, and parts of machines and equipment that should not be removed without authorization (mold positioning parts, core parts of precision machines, etc.).

High Performance AI Sorting Machine

MISTOL® AI, a high-performance inspection and sorting machine equipped with AI, has been developed by Nitto Seiko to enable inspections similar to human visual inspections and inspections of parts that have been considered difficult in the past. MISTOL ® AI streamlines the image setting process, which used to be difficult, and makes it possible to configure settings without being restrained to the skill level of the operator. This product reduces work hours required for setting.

Conventional machines use a "rule-based" method, in which inspections are performed based on rules set by human operators. However, the system was not accurate enough to recognize slight changes in the captured image due to unevenness or micro-defects on the surface of the target. In addition, many quantitative settings had to be made for each inspected item on the captured image, which required time and skill to set up. MISTOL® AI learns and judges captured images on its own, making it possible to handle inspections that have been difficult with conventional methods, with simple settings and operations.

Asfa® WP Waterproof Screw

Nitto Seiko Corporation has released Asfa® WP, a new concept O-ring embedded screw that offers high axial force performance and waterproof performance. Its unique structure factors in product misalignment and stable carrying during the assembly process. This product, which has a different shape from general waterproof screws and offers various advantages in addition to waterproof performance, is patent pending.

Because of the structure that incorporates an O-ring in the lower shaft portion of the screw neck, general waterproof screws require counterboring the fastened object and the contact area with the screw head is small, making it impossible to fasten with high axial force. The most important thing in fastening screws is to secure axial force. The flat washer on the underside of Asfa®WP provides a larger contact area with the fastener than an O-ring does, which reduces surface sinking of the fastener and enables fastening with higher axial force. In addition, since no counterboring is required for the fastener, it contributes to the customer's total cost reduction.

When we use general waterproof screws with embedded O-rings, if fasteners misalign, the O-ring is not compressed, resulting in loss of waterproof performance. With "Asfa®WP," the O-ring is positioned on the periphery of the head, which allows the O-ring to be compressed evenly and provides stable waterproof performance.

GREEN Transformation,

Chinese Fasteners’ New V-turn Point in Competition with the World 社論：綠色轉型，中國緊固件與世界的新決戰點

Strong Market Demand Despite a Plunge in Fastener Export Value

From 2019 to 2022, China's fastener export value to the world continued upward. It peaked in 2022 breaching the USD 10 billion mark. The growth margin from 2019 to 2022 alone was high at 74%, indicating a large global demand for Chinese fasteners. However, unresolved inventory destocking issues in many countries caused the export value to plunge 43% in 2023 to the USD 6 billion mark, rolling back to a level slightly below 2019’s

China's Fastener Export Value to the World

The top five export destinations for Chinese fasteners in 2022 were the U.S. (USD1.66 billion), Germany (USD608 million), South Korea (USD577 million), Vietnam (USD481 million), Russia (USD479 million). In 2023, the top 5 changed to Russia (USD417 million), Germany (USD414 million), South Korea (USD372

million), Japan (USD325 million), and India (USD311 million). In contrast, Russia jumped from the fifth to the first place, while the US was no longer in the top five. It is worth noting that Germany has been the second largest export destination for Chinese fasteners over the past two years, despite the EU's ongoing anti-dumping duties on Chinese fasteners. This shows that Germany as the head of the EU is still an indispensable and important trading partner for Chinese fastener companies.

CBAM to be Amended Before Formal Implementation; China Plays One of the Key Roles

Since the announcement of CBAM, there has been a wave of resistance across the world. CBAM is almost a full-range and structural impact on a country's industry and economy that can be described as "astronomical" in terms of its scale. China could face a rise of 4% to 6% in the export cost of Chinese steel products due to CBAM. China Iron and Steel Association (CISA) called CBAM a new trade barrier to Chinese exports: “If other countries adopt reciprocal and similar trade protection measures to protect their interests, it will lead to higher trade costs and an increased risk of

trade friction. We hope the EU will take into account the cost and operational challenges for downstream steel consumers resulting from changes in the import structure."

China proposed multilateral discussions at the WTO's Committee on Trade and Environment (CTE), and pointed out loopholes in CBAM including mirroring of emission reduction under EU ETS in the emission reduction of another country, the lack of global carbon intensity standards and disagreements over carbon pricing mechanisms between different jurisdictions. China expressed its stance against any form of trade or technical barriers in the name of climate change.

Specifically regarding carbon pricing, a Chinese climate policy official said that it is currently not possible to require China to set the same carbon price as EU’s, because both parties set the price according to different development conditions, as well as emission targets which will take time to achieve. In 2023, the carbon prices in China hovered around RMB 55 per ton of CO2, compared to an average price of around €80 per ton in the EU carbon market. National Center for Climate Change Strategy and International Cooperation (NCSC, China) said that carbon price is determined by many factors, including emission reduction cost and labor costs. “The gap between China's and EU's per capita income and carbon price reflects China's acceptability of emission reduction costs and China's reasonable carbon price,” said NCSC.

In response to the comments from China, Gerassimos Thomas, Director General for Taxation and Customs Union Affairs of the European Commission, contributed an opinion piece to South China Morning Post in Hong Kong on November 15, 2023. He welcomed China's proposal to set up a high-level dialogue between China and the EU on CBAM, and acknowledged that it is important to do so in the fullest transparency when designing the mechanism. He mentioned his active and transparent outreach to Chinese authorities and businesses, including to EU businesses active in China, to better understand China’s carbon pricing reporting system and methodologies so EU can most effectively take them into consideration after the end of the CBAM transitional period.

could also result in increased imports from countries looking for alternate markets, resulting in dumping into South Africa and other developing countries. This phenomenon reflects the necessity for CBAM to be amended more and delicately within the next two years. From Gerassimos Thomas’ response, it can be observed that China may have a critical influence in the CBAM adjustment process.

“GREEN” Economy Holds Sway; Low-carbon-emitting Companies will Get Ahead of the Game

Regardless of any amendments made to the aforementioned CBAM, the EU has taken the first shot and is not going to turn back. Chinese fastener companies will be closely monitored by CBAM and they have to find a way out of the new carbon cost dilemma. In recent years, China's iron and steel industry has been in full swing to reduce emissions. 89 enterprises have completed a makeover toward ultra-low emission. Raw material makers ae taking the lead in digging for "green" gold, and sooner or later, fasteners with close ties to European trading partners will need to take the lead in an upgrade to green manufacturing. In fact, the press in many countries have predicted that carbon border tax mechanism will spread out across the world. The EU is just the first shot. Therefore, not only the fastener companies with a focus on Europe, but also the companies that export to the global market will not get away from the era of carbon border tax mechanism.

In recent years, Fastener World has picked up the trend of carbon reduction during interviews with Chinese fastener business owners. In this issue's cover story, Hisener Industrial announced 2024 as its starting year of green manufacturing, released three ESG guidelines and four major carbon-reduction measures, and has provided carbon emissions data to EU clients. In addition, Jiaxing Haina Fastener, specialized in photovoltaic accessories, is also eyeing the “green” business opportunity and will develop more efficient, environmentally friendly and performance-enhanced photovoltaic products in the future, becoming a key player in supporting the development of global renewable energy market. Those who grasp the “green” gold will be the leaders.

Apart from Chinese companies, European and American companies have already taken a few steps ahead of the competition. In this issue, we have included our exclusive article "Global Fastener Leaders, Their Carbon Reduction Volume and Progress" to help you know yourself and your competitors. We have also included “Less Reading Time! Compact Version of CBAM Regulation” to give you a quick understanding of the main CBAM structure.

An in-depth investigation by Fastener World led to knowing that China is not alone in expressing dissent. India fired equivalently strong with straightforward critical comments, and a local press suggested that the government should strategically resist CBAM to ensure that the duty levied on Indian companies is returned to India. Furthermore, South Korea and Thailand are concerned that confidential information may be unnecessarily exposed to EU importers that are business competitors of the foreign reporting declarant. South Africa is concerned that CBAM will not only affect the competitiveness of South Africa’s exports to the EU but Copyright

As said in the beginning of this article, the global demand for China's fasteners is huge. If the industry can achieve the transformation to low-carbon emission, it will become a critical chance for Chinese fastener global export to achieve a V-turn.

2023 Fastener Trade Statistics of China and Most Demanded Fastener Categories

2023中國緊固件貿易及最多需求品項分析

Introduction

China is a major player in the global fastener market. The country is known for both producing and exporting a significant portion of the world's fasteners. Chinese fastener manufacturers cater to various industries, including automotive, construction, electronics, and machinery. The demand for Chinese fasteners has been on the rise due to the country's robust manufacturing capabilities. As of my last knowledge update in January 2023, China has been a leading exporter of fasteners globally. The trade statistics fluctuate based on global demand, economic conditions, and other factors. HS code 7318 is the most demand of China fastener category.

The Overall Trend of Imported Fasteners

The overall trend in fastener imports to China appears positive, with fluctuations in specific categories. The detail of each HS Code is mentioned in the following tables. The table numbers are in “Thousand US Dollars” and for the year 2023.

731815 (Threaded screws and bolts, of iron or steel, whether or not with their nuts and washers)

• It demonstrates a fluctuating pattern but maintains a steady import volume.

• It experienced a peak in September.

• Import values ranged from US$86.8 million to US$101.2 million.

• It represents a monthly fluctuation of approximately 1.8%.

• It shows a slight upward trend, indicating increased imports.

• A peak is observed in Sep.

• Import values ranged from US$34.6 million to US$40.2 million.

• It represents a monthly fluctuation of approximately 1.9%.

• It shows a fluctuating pattern with a notable increase in July.

• Import volumes stabilized in the latter part of the observed period.

• Import values ranged from US$6.5 million to US$9.1 million.

• It represents a monthly fluctuation of approximately 4.3%.

731821 (Spring washers and other lock washers, of iron or steel)

• It indicates a consistent increase in imports throughout the observed period.

• The growth trend is prominent, with a noticeable rise from January to September.

• Import values ranged from US$17.5 million to US$21.9 million.

• It represents a monthly fluctuation of approximately 2.9%.

• It indicates an overall increasing trend, with notable peaks in April, June and September.

• Import volumes showed positive growth.

• Import values ranged from US$4.1 million to US$6.0 million.

• It represents a monthly fluctuation of approximately 5.7%.

731819 (Threaded articles, of iron or steel)

• It exhibits fluctuations, with a peak in March and a subsequent decline.

• Import volumes stabilized with slight variations in the following months.

• Import values ranged from US$15.5 million to US$18.9 million.

• It represents a monthly fluctuation of approximately 2.2%.

• It demonstrates a fluctuating trend but maintains an overall stable import volume.

• Import numbers varied without a clear upward or downward trajectory.

• Import values ranged from US$5.4 million to US$6.8 million.

• It represents a monthly fluctuation of approximately -1.5%.

731823 (Rivets of iron or steel, excl. tubular rivets)

• It displays a generally stable trend with minor fluctuations.

• Import volumes remained consistent, suggesting a steady demand for these items.

• Import values ranged from US$8.9 million to US$9.9 million.

• It represents a monthly fluctuation of approximately 0.2%.

731814 (Self-tapping screws, of iron or steel, excl. wood screws)

• It shows a fluctuating pattern with a peak in May, followed by a decline.

• Import volumes remained stable in the latter part of the observed period.

• Import values ranged from US$2.98 million to US$3.98 million.

• It represents a monthly fluctuation of approximately 2.0%.

731813 (Screw hooks and screw rings, of iron or steel)

• It exhibits fluctuations with no clear upward or downward trend.

• Import volumes varied without a consistent pattern.

• Import values ranged from US$0.25 million to US$0.518 million.

• It represents a monthly fluctuation of approximately 6.4%.

731816 (Nuts of iron or steel)

731822 (Washers of iron or steel, excl. spring washers and other lock washers)

731824 (Cotters and cotter pins, of iron or steel)

731829 (Non-threaded articles, of iron or steel)

731811 (Coach screws of iron or steel)

• It shows a stable pattern with minimal fluctuations in import volumes.

• Numbers remained relatively consistent.

• Import values ranged from US$0.12 million to US$0.19 million.

• It represents a monthly fluctuation of approximately 6.3%.

731812 (Wood screws of iron or steel, excl. coach screws)

• It indicates fluctuations, with a notable peak in April.

• Import volumes decreased in the subsequent months.

• Import values ranged from US$0.017 million to $0.09 million.

• It represents a monthly fluctuation of approximately 9.8%.

The Overall Trend of Exported Fasteners

The overall trend in fastener exports from China shows variations in different categories but presents a general stability in total export values.

Category-wise Analysis:

731815 (Threaded screws and bolts, of iron or steel, whether or not with their nuts and washers)

731819 (Threaded articles, of iron or steel)

• It demonstrates fluctuations with a peak in March, followed by a decline and subsequent stabilization.

• Export values ranged from US$213.6 million to US$441.2 million.

• It represents a monthly fluctuation of approximately 4.4%.

731816 (Nuts of iron or steel)

• It shows a peak in March, followed by a slight decline, and stabilized in the subsequent months.

• Export values ranged from US$79.1 million to US$179.3 million.

• It represents a monthly fluctuation of approximately 5.7%.

• It indicates fluctuations with a peak in March, followed by a gradual decline.

• Export values ranged from US$46.1 million to US$106.2 million.

• It represents a monthly fluctuation of approximately 6.3%.

731814 (Self-tapping screws, of iron or steel, excl. wood screws)

• It shows a peak in March, followed by fluctuations and stabilization in the latter months.

• Export values ranged from US$41.2 million to US$96.2 million.

• It represents a monthly fluctuation of approximately 6.3%.

731822 (Washers of iron or steel, excl. spring washers and other lock washers)

• It exhibits fluctuations with a peak in March, followed by stability in export values.

• Export values ranged from US$29 million to US$62.1 million.

• It represents a monthly fluctuation of approximately 4.5%.

731824 (Cotters and cotter pins, of iron or steel)

• It shows fluctuations with a peak in March, followed by a gradual decline.

• Export values ranged from US$22.6 million to US$37.7 million.

• It represents a monthly fluctuation of approximately 0.4%.

731829 (Non-threaded articles, of iron or steel)

• It indicates fluctuations with a peak in January and stabilization in export values.

• Export values ranged from US$12.4 million to US$23.67 million.

• It represents a monthly fluctuation of approximately 3.3%.

731823 (Rivets of iron or steel, excl. tubular rivets)

• It exhibits fluctuations with a peak in September, followed by a gradual decline.

• Export values ranged from US$7.1 million to US$13.6 million.

• It represents a monthly fluctuation of approximately 5.9%.

731812 (Wood screws of iron or steel, excl. coach screws)

• It exhibits fluctuations with a peak in April, followed by stabilization.

• Export values ranged from US$1.6 million to US$4.4 million.

• It represents a monthly fluctuation of approximately 7.9%.

731811 (Coach screws of iron or steel)

• It shows fluctuations with a peak in January, followed by a gradual decline.

• Export values ranged from US$7.1 million to US$15.5 million.

• It represents a monthly fluctuation of approximately 4.2%.

731821 (Spring washers and other lock washers, of iron or steel)

• It shows fluctuations with a peak in April, followed by stabilization.

• Export values ranged from US$1.8 million to US$3.5 million.

• It represents a monthly fluctuation of approximately 4.1%.

Conclusion

Anticipating the near future of China's fastener trade involves considering stable demand, influenced by global economic conditions and trade policies. Industry-specific factors, including technological advancements and sustainability trends, will play a crucial role. A resilient supply chain and adaptability to external dynamics will be essential for the industry's sustainable growth. Continuous monitoring of these factors will guide strategic decisions in the evolving fastener trade landscape in China. The analysis of fastener import and export trends for the first nine months of 2023 provides valuable insights into the dynamics of the global market.

• It indicates fluctuations with a peak in April, followed by a gradual decline.

• Export values ranged from US$3.6 million to US$9.1 million.

• It represents a monthly fluctuation of approximately 6.4%.

731813 (Screw hooks and screw rings, of iron or steel)

Import Trends: The overall positive trend in fastener imports, with various categories experiencing fluctuations, indicates a stable demand.

Export Trends: The export trends reveal a notable peak in March across multiple fastener categories, possibly influenced by seasonal or market-specific factors.

2023 Production and Sales of Top 10 Chinese Car Manufacturers

Introduction

Formerly perceived as underdogs, the premier Chinese automotive brands have orchestrated a vehicular revolution, turning China into an automotive haven. This dynamic nation has swiftly navigated international roads, showcasing some of the globe's most groundbreaking vehicles, adorned with contemporary aesthetics and state-of-the-art technology. Picture built-in AI, autonomous driving capabilities, and ergonomically superior interiors that could make even luxury brands envious. Presently, the domestic Chinese car market stands as the largest globally, boasting an impressive sales of 26.9 million units in 2022. This figure nearly doubles that of the second-largest market, the United States, in which 14.2 million units were sold. However, the true marvel lies in the global reach of these Chinese automotive giants. While domestic production and sales have maintained robust figures over the years, exports experienced a staggering 55% surge, reaching 3.4 million vehicles in 2022. This newfound acclaim has kindled a fresh flame in the worldwide automotive arena. The ongoing high-performance odyssey is hurtling towards the future, ushering in a wave of electronic technology. Notably, when considering plug-in hybrids, BYD has outpaced Tesla as the preeminent electric car manufacturer globally, boasting 1.86 million units, equivalent to an impressive 18.4% market share. Are you prepared for an automotive paradigm shift centred around sustainable technology? The top Chinese car brands are revved up and poised to surge ahead.

Key Insights

Passenger Car Dominance: Passenger cars continue to dominate the market, representing 86.4% of total sales. The robust growth in sedan/hatchback, MPV, and SUV segments contributes to this dominance.

Top 10 Car Manufacturers in China

SUVs Surge: The SUV segment exhibited impressive performance with a 16.6% YoY growth, solidifying its position as the leading vehicle type in terms of both unit sales and market share.

Commercial Vehicles Thrive: Commercial vehicles experienced exceptional growth, recording a substantial 21.8% YoY increase. This surge contributed significantly to the overall market dynamics.

Challenges in Mini Van Segment: The Mini Van segment faced challenges with a -17% YoY growth, indicating shifts in consumer preferences or market dynamics specific to this category.

The Production Sector

Key Insights

Steady Growth in Passenger Car Segment: The passenger car segment maintained steady growth, with a total unit production of 23.441 million units, representing 86.5% of the overall market. Sedan/hatchback, SUV, and MPV segments contributed to this positive trajectory.

Strong Performance in SUV Production: SUV production continued to surge, capturing a significant 44% market share and demonstrating a robust 14.8% YoY growth. This segment's popularity reflects consumer preferences for versatile and spacious vehicles.

Commercial Vehicles Flourish: The commercial vehicle sector experienced remarkable growth, recording a substantial 25.4% YoY increase. This surge contributed significantly to the overall market dynamics, highlighting the importance of commercial vehicles in the Chinese automotive landscape.

Challenges in Mini Van Production: The Mini Van segment faced challenges with a -17.4% YoY growth, indicating shifts in production dynamics or market preferences specific to this category.

1- SAIC: SAIC Motor is a prominent name that consistently appears on any compilation of top Chinese car manufacturers. It not only secures its position among the top 10 Chinese car brands but also ranks within the 10 largest car brands globally in terms of revenue. This automotive giant produces a noteworthy 5.3 million units annually, and produced over 1 million New Energy Vehicles (NEVs) in 2022.

2- Dongfeng: Best known for its affordable lineup, Dongfeng offers a variety of passenger and commercial vehicles produced under its namesake brand as well as subsidiary and collaborative companies. Each ride brings value and performance by riding a straight path without cutting corners. Their annual sals for 2022 were 3.83 million units.

3- FAW Group: With a legacy dating back to the era of blackand-white television, this Chinese automotive manufacturer has been crafting vehicles since 1953, introducing China's first domestically produced car. Despite its longstanding history, the company remains highly competitive in the contemporary automotive landscape. Positioned for the future, it drives innovation through a comprehensive five-point plan, emphasizing next-gen electrification and an enhanced driver experience. In 2022, the company achieved noteworthy sales, reaching a total of 3.5 million units, affirming its continued relevance and success in the ever-evolving automotive market.

4- GAC: Steeped in a state-owned legacy, this automotive entity, GAC, infuses each vehicle it produces with a vision that surpasses geographical and cultural boundaries. Operating under diverse labels such as Trumpchi and Aion, GAC offers an extensive range of sedans and crossover SUVs. Aion, the premium label under GAC, takes the forefront in spearheading new energy vehicle production, while GAC Bus emerges as a significant player in the commercial sector. Notably, in 2022, GAC achieved sales of 2.43 million units, signaling its growing influence as a formidable contender in the automotive landscape.

5- Changan Auto: Originating as a military supply shop in 1862, Changan Auto has undergone a transformative journey to become a dominant force on the fast lanes of the 21st century. Making a pivotal shift into automotive manufacturing in 1959, this Chinese powerhouse now commands the roads by producing an impressive 2.35 million vehicles in 2022.

6- BYD Auto: This dynamic brand foresaw the electrified road ahead long before others glimpsed the light. Its parent company initiated the production of rechargeable batteries in 1995, paving the way for BYD Auto to outpace the competition with groundbreaking cars and cutting-edge technology. In 2022, their sales reached a substantial 1.88 million units.

7- Chery: Emerging as yet another standout among the premier Chinese car brands, Chery is leaving its mark beyond the borders of its homeland. Demonstrating a commitment to international collaboration, Chery drives the success lap by providing knock-down kits to specific export markets. These kits are skillfully assembled in local facilities, showcasing Chery's strategic approach to global expansion. Notably, in 2022, the brand achieved sales of 1.48 million units, underlining its growing influence on the international automotive stage.

8- Geely Auto: Positioned as a vibrant and well-received Chinese automotive brand, Geely Auto places its emphasis on crafting sleek and luxurious models. The brand boasts annual sales that surpass an impressive 1.43 million units, with new energy and electric vehicles accounting for 23% of its total. Serving as the flagship entity within the extensive international conglomerate Geely Holdings, this brand offers a diverse array of options, presenting consumers with more than a dozen compelling choices.

9- Great Wall Motor: Bearing a name synonymous with one of China's most iconic landmarks, Great Wall Motor is engineered to withstand the trials of time. This Chinese automotive company has propelled itself into the spotlight by extending its reach globally, functioning as an international supplier with approximately 25% of its sales transcending China's borders. While not necessarily adorned with the world's highest price tags, the vehicles from Great Wall Motor enjoy immense popularity for their accessibility and widespread appeal. Their sales were 1.06 million units in 2022

10- Baic Group: Navigating the highways since 1958, BAIC has been a prominent presence in the automotive landscape, renowned for crafting impressive executive cars and contributing to the legacy of some of China's finest classic automobiles. Over the years, this automotive giant has transformed into a comprehensive Chinese auto manufacturer, diversifying its portfolio to encompass a wide array of products ranging from passenger cars to commercial vehicles. Their sales were 947 thousand units in 2022.

The Future of Chinese Car Industry

Navigating through the concluding stretches of the first eleven months of 2023, the robust production figures and market dynamics illuminate the remarkable resilience and adaptability inherent in the Chinese automotive sector. The consistent growth witnessed in both passenger and commercial vehicle segments firmly establishes China as a pivotal force within the global automotive market. The final month of 2023 stood as a crucial juncture, influenced by factors such as year-end promotions, economic conditions, and evolving consumer preferences. This period is poised to play a defining role in shaping the overall annual production performance, offering a glimpse into the industry's trajectory. The data echoes a narrative of a dynamic and evolving automotive landscape, setting the stage for sustained growth and innovation in the foreseeable future. As the Chinese automotive sector continues to assert its significance on the global stage, the industry stands as a beacon of positivity, anticipating and fostering developments that will shape the road ahead.

China's automobile production and sales each surpasses 30 million units in 2023. These new developments have demonstrated the strong resilience, potential, and vitality of China's auto industry after facing multiple challenges. They have also highlighted the advantages of China's large-scale market to the world.

China’s Steel Wire Rod Export at New Record High?

Could be a Hidden Pitfall

China's steel industry has seen tremendous volatility over the past three years, with domestic demand declining at a compound annual growth rate (CAGR) of minus 1.3% year-on-year after peaking in 2020. In terms of steel export, although it hit a seven-year high of 90.26 million tons in 2023, up 36.2% over 2022, about 80% of China's steel companies suffered losses in the same year, indicating that although China's steel poured in the global market, those companies didn’ t benefit significantly.

Fluctuation of Chinese Steel Wire Rods

The fluctuation of steel also affects wire rods. How is this reflected in wire rod production volume, export volume, export value and export unit price? This article analyzes the statistics for the past six years, including the whole time line in and out of the pandemic, and gives our readers a glimpse of the fluctuation of Chinese steel wire rods.

Production Generally on the Decline

Steel wire rods fluctuate in line with steel. China's three major industries — real estate, infrastructure and manufacturing — have all been facing shrinking demand in recent years, with domestic steel demand peaking at 925 million tons in 2020 and then declining year-on-year. Domestic production of steel wire rod (Figure 1) also peaked at 165 million tons in 2020, and then fell 42% to 96.24 million tons in the next year, nearly halved. It rebounded 46% to 141 million tons in 2022 but didn’t make it back to the peak volume, and then immediately fell in 2023. The trend line (dotted line) is generally still pointing down.

As observed in Figure 1, although steel wire rod production rebounded after the end of the pandemic, it will take some time to get back in its heyday, given the shrinking demand from the three aforementioned industries and the challenge of a downward trend in China's macro-economy.

Export at 6 Year High

Wire rod export volume (Figure 2) did not fluctuate much during the pandemic from 2018 to 2022, averaging 2.05 million tons, suggesting that China's wire rod export to the world remained stable during the pandemic. However, it is worth noting that the export grew 8.8% in 2023, reaching a new high in the past six years. This indicates the world has higher demand for price-competitive Chinese wire rods after the pandemic ended, which is in line with the fact that Chinese steel export reached at a seven-year high in 2023.

Export Value Halved After the End of the Pandemic

The change in export value (Figure 3) is divided into three phases. In the first phase, from before the pandemic to the beginning of the outbreak (2018 to 2020), the export value of wire rod remained stable at an average of US$25.5 million, and here we can already see a slight increase. In the second phase from 2020 to 2022 when the pandemic was prevalent, export took a double jump, by 67% to US$46.1 million and by 31% to a peak of US$60.5 million. In the third phase, from 2023 onwards, export value dropped 47% to around US$32 million, almost halved, suggesting that China's wire rod export soared during the pandemic, but it lost significant profit margins after the pandemic ended, but in the long run, it just returned to the normal price level recorded in the first phase.

Export Unit Price Down Significantly After the End of the Pandemic

The export value also fluctuated similarly with the export unit price. The unit price (Figure 4) increase surged to a new high in the second phase, with a significant price increase of 64.9%, but then began to plummet by half, and even showed a negative growth, down 51% in the third phase. There was significant pressure of price cut after the end of the pandemic.

Domestic Demand Cools, Export Demand Increases

Maintaining Profit Margins will be a Priority

As seen from the above data, China is facing the challenge of downturn in three major industries and the domestic macro-economy, and the domestic production of steel wire rod is slowing down. On the contrary, export demand is at a record high. 2024 is a critical time to expand overseas market share. However, since both export value and unit price have been halved since last year, there is a hidden pitfall with profit margin. Profit margin is what relevant industry players need to keep stable.

Fig 1. Chinese Steel Wire Rod Production Volume in the Past 6 Years (10,000 Tons)

Fig. 2. Chinese Steel Wire Rod Export Volume in the Past 6 Years (10,000 Tons)

Fig. 3. Chinese Steel Wire Rod Export Value in the Past 6 Years (USD 100 Million)

Fig. 4. Chinese Steel Wire Rod Export Unit Price Change in the Past 6 Years (%)

2023 Import and Export Statistics of Fastener Subcategories in China

中國緊固件品項進出口統計

Japan 462,669,415

As one of the key demand and supply players in the global fastener industry, China's annual fastener exports and imports are significant. Although 2023 is a down year for the global fastener industry, according to the latest data released by China's General Administration of Customs (http://stats.customs.gov.cn/), China's exports of fasteners (HS code 7318) in 2023 still amounted to US$6.28 billion, with Russia, Germany, S. Korea, Japan and India being the main export trading partners and its imports amounted to US$1.79 billion, with Germany, Japan, the United States, Taiwan, and Italy being the major sources of imports. It is estimated that in the second half of 2024, after the global economy gradually warms up, there will be another wave of significant adjustments and changes in the import and export data.

Due to the wide variety of fastener products, the focus of each customer base and demand of the industry sectors will appear some differences, so if the fasteners are divided into subcategories, one can find that the top trading partners of certain subcategories still appear some slight differences.

The following is to help readers realize the top 5 import/export data of HS codes 731811(threaded screws), 731812(other wood screws), 731813(screw hooks and screw rings), 731814(self-tapping screws), 731815(other screws and bolts), 731816(nuts), 731819 (other iron & steel threaded articles), 731821(spring washers and other lock washers), 731822(other washers), 731823(rivets), 731824(pins & cotter pins), and 731829(other iron & steel non-threaded articles) for them to evaluate product demand hotspots and future key markets for development.

Exports of Fastener Subcategories

In descending order of value, the top three fastener subcategories exported by China were 731815 Other Screws and Bolts (about US$2.75 billion), 731816 Nuts (about US$1.41 billion), and 731819 Other Iron & Steel Threaded Articles (about US$0.86 billion).

Imports of Fastener Subcategories

In descending order of value, the top three fastener subcategories imported by China were 731815 Other Screws and Bolts (about US$860 million), 731816 Nuts (about US$330 million) and 731822 Other Washers (about US$160 million).

It can be observed from the above data that many countries in Europe, the United States, Japan, South Korea and Southeast Asia still have a great demand for Chinese fasteners, and on the other hand, the local market in China also continues to import a considerable amount of fasteners from other countries to meet the needs of its domestic industries. Although China's economic growth and development prospects are still facing great challenges, making the overall supply and demand performance of Chinese fasteners much weaker than that of the prepandemic situation. However, if importers/exporters can actively identify the key demand products in different markets around the world from these statistics and explore more possible new markets to make up for the lost orders in certain countries/regions, I believe that the performance of China's fastener market will still be worthwhile to be expected in 2024.

Introduction

In the dynamic landscape of the global steel industry, the pricing dynamics of fastener wire, a fundamental component in construction and manufacturing, have witnessed notable fluctuations in recent years. As we delve into the intricate web of factors influencing the price movements of fastener wire produced by major Chinese steel plants, we embark on a journey to unravel the complexities that underlie the pricing strategies in this critical sector.

China, renowned as a global steel powerhouse, plays a pivotal role in shaping the trajectory of the steel industry. With a robust manufacturing infrastructure and a substantial share of the global steel market, the country's decisions and market movements reverberate globally. Fastener wire, being an indispensable element in numerous industries, particularly for the production of fasteners, reflects the intricate dance between various elements, both domestic and international, that contribute to its price dynamics.

Factors Influencing Fastener Wire Prices

Raw Material Costs:

At the heart of fastener wire pricing lies the cost of raw materials, with steel being the primary and indispensable component. For major Chinese steel plants, the critical dependence on iron ore for steel production creates a direct and immediate link between the fluctuations in iron ore prices and the overall production cost of

Analyzing Fastener Wire Price Fluctuations of Major Chinese Steel Plants in Recent Years

近年中國主要鋼廠扣件線材價格 波動分析

Fastener World / Article by Shervin Shahidi Hamedani

fastener wire. The recent data, indicating an Iron Ore Spot Price of 137.05 USD/MT in Dec 2023, reflects a notable increase from the previous month's value of 131.07 USD/ MT and a significant surge from the figure recorded one year ago at 111.84 USD/MT. This change represents a 4.56% month-on-month increase and an impressive 22.54% growth from the same period last year.

Understanding the trends in raw material costs, especially the current upward trajectory in iron ore prices, becomes paramount for predicting and analysing pricing shifts in the fastener wire market. The dynamic nature of iron ore prices directly impacts the cost structure of steel production, subsequently influencing the pricing strategies adopted by major Chinese steel plants. As these plants navigate the changing landscape of raw material costs, stakeholders in the fastener wire market must stay vigilant to anticipate and respond to potential shifts in pricing dynamics. The recent increase in iron ore prices adds a layer of complexity to the fastener wire market, underscoring the need for a nuanced approach in forecasting and adapting to the evolving cost structures within the steel industry.

Global Demand for Steel:

China, as a global steel powerhouse, holds a pivotal position, intimately linked to the evolving landscape of the global construction market. The recent data, indicating that the global construction market reached a substantial value of approximately USD 13.57 trillion in 2023 ,

highlights the immense scale and significance of this sector. Projections suggest that this market is poised for substantial growth, with an estimated compound annual growth rate (CAGR) of 6.5% anticipated between 2024 and 2032. This trajectory is expected to propel the global construction market to a remarkable value of around USD 23.92 trillion by 2032.

In this context, China's steel industry is set to play a crucial role, as its fortunes are intricately woven into the fabric of global demand dynamics. The undulating patterns in the demand for steel, primarily propelled by the ebb and flow of construction and manufacturing activities on a global scale, wield significant influence over fastener wire prices. A surge in worldwide construction projects or heightened manufacturing activities can swiftly trigger a surge in the demand for steel, thereby exerting a direct impact on the pricing strategies adopted for fastener wire.

As we navigate the forecasted growth in the global construction market, the symbiotic relationship between China's steel industry and the overarching demand for steel underscores the importance of vigilance and adaptability within the fastener wire market. The anticipated expansion in construction activities worldwide not only signifies an increased appetite for steel but also implies a potential amplification of demand for fastener wire. Stakeholders in the steel and fastener wire sectors should closely monitor these global trends, positioning themselves strategically to respond to the surge in demand effectively. The projections for the global construction market provide valuable insights into the trajectory of China's steel industry and its consequential impact on the pricing strategies of fastener wire in the coming years.

Trade Policies, Export Dynamics, and Economic Conditions in the Chinese Steel Market:

The global steel industry, including major Chinese plants, faces unprecedented challenges driven by the COVID-19 pandemic and Russia's aggression against Ukraine. The pandemic initially disrupted steel supply chains, causing over 9% decline in global steel exports in 2020. Despite a rapid rebound in global steel trade in 2021, lingering disruptions continue to create destabilizing effects along global supply chains, impacting industries worldwide.

In the context of the Chinese steel market, the conflict between Russia and Ukraine introduces additional complexities. As traditional steel suppliers, Russia and Ukraine, face disruptions due to the ongoing war, the Chinese steel industry grapples with potential repercussions. The shortage of steel commodities, a direct outcome of this conflict, plays a pivotal role in shaping the pricing dynamics of fastener wire, inherently connected to the broader Chinese steel market.

Simultaneously, sanctions against Russia compound these challenges, impacting global steel producers and prompting economies, including China, reliant on Russian steel, to explore alternative sources. The shifting trade dynamics and the adoption of trade restrictive measures globally, such as export duties and tariff adjustments, become crucial factors influencing the Chinese steel market and subsequently affecting pricing strategies for fastener wire. China's commitment to eliminating import tariffs on coal and the imposition of export duties by China and India on steel and raw materials add layers of complexity to international supplies, contributing to the evolving pricing dynamics of fastener wire within the Chinese steel market.

In this dynamic landscape, stakeholders in the fastener wire market, particularly major Chinese steel plants, must remain vigilant. The intricate interplay of geopolitical events, trade policies, and supply chain disruptions directly influences the pricing strategies for fastener wire. Simultaneously, the economic health of China and its trading partners plays a pivotal role in shaping the demand for fastener wire. Economic downturns can result in reduced construction and manufacturing activities, leading to a decline in demand and subsequent adjustments in fastener wire prices. Monitoring these economic indicators and trends is essential for gauging the potential impact on the fastener wire market and making informed decisions in this challenging environment.

Technological Innovations:

In the realm of analyzing fastener wire price fluctuations within major Chinese steel plants in recent years, technological advancements emerge as a pivotal factor. The constant evolution of steel production technologies directly impacts manufacturing processes, thereby influencing the cost dynamics for steel plants. This, in turn, has a direct bearing on the pricing strategies adopted for fastener wire – an integral component of the steel industry.

Understanding the technological landscape becomes a key determinant in predicting and comprehending the trajectory of fastener wire prices. Continuous innovations in technology not only enhance the efficiency of manufacturing processes but also potentially result in cost savings for steel plants. Major Chinese steel plants, as significant players in the industry, need to be attuned to these technological shifts to navigate the nuanced landscape of fastener wire pricing.

By actively engaging with and adopting the latest technological advancements, Chinese steel plants can strategically position themselves to optimize their operational efficiency and, consequently, their pricing strategies for fastener wire. This intersection between technology and pricing dynamics underscores the importance of a thorough analysis of technological advancements in the ongoing exploration of fastener wire price fluctuations within the context of major Chinese steel plants in recent years.

Analytical Tools and Data Sources

The report of China Iron & Steel Association (CISA) in October 2023 highlights ongoing challenges in China's steel industry. Despite a 1.7% year-on-year increase in crude steel output during the first three quarters of the year, apparent consumption decreased by 1.5%. This data underscores the intensified imbalance between supply and demand, impacting short-term stability in steel prices. The report emphasizes the need to closely monitor production volumes, market trends, and pricing dynamics, especially concerning fastener wire.

The challenges outlined in the CISA report, particularly the relentless decline in the country's property sector and uncertainties in the global economy, underscore the importance of analyzing the financial health of major steel manufacturers. The accumulation of steel inventories, as mentioned in the report, puts additional pressure on the domestic steel market. Financial documents from significant steel producers reveal

how these challenges influence profitability, operating costs, and overall financial health, directly impacting pricing decisions for fastener wire.

The struggles in steel-consuming industries and the drag on steel consumption due to the decline in the country's property sector necessitate a deep dive into market research studies. These studies offer granular data on market trends, consumer behavior, and competitive landscapes, providing critical insights into how these factors impact the dynamics of the fastener wire market. Notably, the report mentions that Chinese steel producers face pressure to reduce production costs, a factor directly relevant to the pricing of fastener wire.

Conclusion

In conclusion, the data provided in the CISA report offers a more specific and data-driven analysis of the challenges facing the Chinese steel industry, with a direct impact on the fastener wire market. Fluctuations in steel prices are closely tied to the intensified imbalance between supply and demand, as evidenced by the changes in crude steel output and apparent consumption. The accumulation of steel inventories further emphasizes the pressure on the domestic steel market, directly impacting pricing strategies for fastener wire. Financial

statements and market research studies become critical tools for stakeholders navigating these challenges, especially concerning the need to reduce production costs and their direct implications on the pricing dynamics of fastener wire in the dynamic and challenging market.

Sources:

- Reports by SteelMint Bureau

- Iron Ore Prices Published by YCharts

- Global Construction Market Outlook by Expert Market Research

- Steel trade and trade policy developments by OECD

International Fastener Expo 2023 U.S. Fastener Market Resilience Under Global Challenges

2023美國拉斯維加斯螺絲暨機械設備展 體現全球局勢挑戰下美國緊固件市場「韌力」

Over 50% Increase in Number of Exhibitors

More than 700 exhibitors including more than 100 first-time exhibitors, a 55.5% increase over the previous show's record of 450 exhibitors. This is a new history made in the IFE show spanning from October 9 to 11 last year. According to a survey by Mordor Intelligence, the North American industrial fasteners market value would reach US$20.05 billion in 2023 and will reach US$23.53 billion in 2028, with a CAGR of 3.25%, which is an indicator that the U.S. fastener market has not lost its touch in attracting business opportunities.

Last year's keynote speeches focused on the resilience and adaptability of the U.S. fastener industry in the face of rapid change, as well as nearshore and onshore sourcing strategies for OEMs and distributors, cloud-based digital technology, 3D computing and AI technology ready for distributors, and succession in the fastener industry. The U.S. fastener industry is also facing the challenge of technological transformation.

Visitors from Many Countries

In addition to local U.S. distributors and buyers, there were also buyers from India, Singapore, Indonesia, Germany and Saudi Arabia. Among them, Fastener World saw quite a many exhibitors from India, from which we can tell that uprise of "Indian Manufacturing" has prompted Indian exhibitors to seize the opportunity of striking deals with U.S. exhibitors.

Taiwanese Exhibitor Tripled in Number

This show made a great success in 2023. There were up to 90 Taiwanese exhibitors who applied for booths through Fastener World to grab the lion’s share of the U.S. market. That’s triple the number of around 30 exhibitors recorded in the previous show. The 90 exhibitors took up a large chunk of the venue. Some Taiwanese exhibitors said it was tremendously helpful to meet with buyers from many countries at the U.S. venue. Many buyers found their needs by viewing the suppliers’ ads in Fastener World magazines and then approached their booths to purchase products. A post-show survey conducted by Fastener World revealed that most of these exhibitors would exhibit again in 2024.

The organizer has announced that the next show will be held on September 9-11, 2024, at Mandalay Bay Convention Center (Halls B&C) in Las Vegas, USA, and that is now open for registration. For registration, contact the show’s organizer for more information.

SSF Industrial 固特

Guangqingchang 廣慶昌

Jinzhaobo 金兆博

Hisener 海迅

Kinfast 海德

Huashen Yulu 華申羽路

World Broad 世裕

Jiaxing Sulater 薩雷特

Yuyao Akf 奧可飛

Goodway 固威

Fastener Poland 2023 Photovoltaic and Other Energy Industries in the Spotlight

2023波蘭螺絲展 光電等能源產業成為關注焦點

This fastener fair which took place in Poland's second largest city, Krakow, on October 18-19, 2023, reached its 6th edition and brought together 148 exhibitors from Turkey, Italy, Czech Republic, Spain, China, Switzerland, Sweden, UK, USA, Taiwan, and Poland.

Poland is one of the world's top 10 markets for photovoltaics, so one of the main focuses of the 6th edition was the product display by manufacturers and suppliers of connectors and racks for photovoltaic, energy and electrical engineering, attracting buyers of photovoltaic, hydroelectric, wind and geothermal energy, EPC (Engineering, Procurement, Construction) contractors, as well as suppliers of network infrastructure and integrated renewable energy solutions.

Additionally, the organizer held the "Ecology and Economy in the Fastener Industry - Challenges and Opportunities" conference during the fair, where the topics in discussion included the assumed impact of CBAM regulations on imports from outside the EU, green revolution, circular building, and carbon reduction in car manufacturing plants.

In the course of distributing magazines and recommending fastener suppliers on-site, Fastener World met visitors from the Netherlands, Ukraine, Slovakia, Poland, among other countries. The exhibitors told Fastener World that more visitors attanded in this edition over the previous year; therefore they thought the fastener market in Poland was gradually warming up. The future business opportunities are not to be missed.

The organizer has announced that the next show will be held on September 25-26, 2024. Contact the organizer for more information or follow the updates on Fastener World website at www.fastener-world.com.

Grand Metal 昕藝

Fasteners World Middle East 2024 Swarming Visitors with Inquiries Demonstrate Strong Purchasing Potential

2024中東沙迦緊固件展

在地買家洽詢踴躍

展現強大購買潛力

Fasteners World Middle East, a professional international exhibition for the fasteners, hardware, industrial components and related raw materials/metal processing technology industries, was held at the Expo Centre Sharjah in UAE from January 8 to 11 this year, which is also a thematic sub-show of the well-known SteelFab.

The 4-day exhibition attracted many key industry players and potential buyers from the local and neighboring Middle East countries to observe the latest developments and innovations in the industry. Supported by the local government's policy of encouraging the metal fabrication industry to undergo digital transformation to enhance market competitiveness and gain more opportunities for development, the exhibition featured not only fasteners & metal-related processing technologies, but also other welding/cutting, power tools, machine tools, pipes & tubes, stainless steel products, as well as AI and robotics.

Hundreds of exhibitors from the UAE and other countries participated in the event, looking forward to deepening industry interactions and exchanges through the annual Middle East exhibition platform, and more importantly, promoting their brands to enhance their image and accelerating their steps to look for companies they can further establish business cooperation with in the future expansion of the Middle East market. Exhibitors from Germany, India and the UK, the largest overseas exhibitors groups this year, were also seen setting up their own national pavilions to showcase latest products, technologies and peripheral services.

According to the observation of Fastener World's on-site staff, most of the local Middle East buyers who had a large demand for fasteners during the show were general metal manufacturers, large-scale project builders (e.g., steel mills or power plants), and telecommunication transmission parts manufacturers. Many traders also came to our booth to ask for the latest publications and suppliers info, mainly inquiring about standard fasteners for various applications, while the demand for special fasteners was relatively low.

A few local buyers told Fastener World's on-site staff that “price, quality and flexible payment methods” were their key concerns when conducting pre-purchase evaluations. They also hoped to find Taiwanese fastener suppliers that can offer high cost–performance ratio of products through Fastener World’s multiple suppliers info platforms, including printed/digital publications, online buying and selling systems, and comprehensive supplier databases.

As the UAE is one of the most important import markets for fasteners in the Middle East, and a key gateway for many overseas fastener suppliers to enter the Middle East fastener supply chain, the on-site presence of Fastener World staff will help fastener suppliers interested in expanding their business in the Middle East or the neighboring emerging markets to build up more cooperation with the local buyers.

CBAM has entered the pilot phase since last October. The affected business owners has been required to prepare carbon emission data for Q4 2023 calculating from October 1, 2023 onwards. This transition period doesn’t require the owners to pay for the amount of carbon emission exceeding the quota. The first year of the pilot phase allows the owners to use in their submitted data the default value or verification regulations applicable to the manufacturing countries. CBAM will come into force in 2026, and from then on, products exceeding EU’s carbon emission threshold and entering the EU market will be subject to a carbon tax.

According to the Commission, EU importers of affected products must submit data on the greenhouse gases generated from the entire manufacturing process. The first report has been submitted by January 31 this year on a quarterly submission basis. On October 1, 2023, an online registration platform which EU set up for the transition period went live, through which the importers could make calculations and write emission reports. The Commission continues to provide detailed guidelines, instructions, and online training resources.

Taiwan exports up to 75% of its fastener production and in 2022 it translated to NTD 200 billion export value, of which 25% was exported to Europe. Taiwan Ministry of Economic Affairs (MOEA) estimates as many as 3,500 manufacturers and traders in Taiwan to take the impact of CBAM, and one of the potentially affected groups is the fastener industry having a total of about 1,860 fastener companies. Fastener owners prioritizing their export target to Europe will bear the brunt. The American and European fastener owners along with a few in Japan have gone ahead collecting data and

Fastener World Exclusive!

Global Fastener Leaders, Their Carbon Reduction Volume and Progress

惠達獨家！世界緊固件龍頭企業減碳量 與進度總盤點

implementing measures for carbon reduction. So, how much have they deducted from their carbon emission? What measures have they taken that have been verified to be of reference to us? What are their carbon reduction targets? Referencing their experience, this article aims to help readers get into the basics of carbon emission data and encourage business owners to think up ways to reduce carbon emission.

• This article will narrow down to two topics carbon emission statistics and carbon reduction measures.

For the former topic, I will select American, European, Japanese and Indian listed companies with weight in the fastener industry, and extract carbon emission data from their ESG reports into separate tables to help readers understand their respective carbon emission volume and target setting. These tables include Scope 1 (direct emission from a company’s own manufacturing process, facilities and use of transportation vehicles), Scope 2 (indirect emission from a company's purchased energy sources), Scope 3 (all indirect emission from a company throughout the external supply chain, including the emission from business trips and within product lifecycles), as well as the sum of carbon emission.

For the latter topic, I will lay out their respective carbon reduction measures. The common ones include producing green power, planting trees, installing solar panels, and I will not repeat those here. Rather, ways that are unique to their characteristics will be picked up for readers to brainstorm and encourage discussion for more creative solutions.

USA

Ground-breaking! Fastener Distribution Provider The Fastenal Way:

• Using geographic information systems (GIS) to map out the most efficient truck routes. Analyzing departure and arrival schedules to minimize delays caused by traffic in metro areas.

• Optimizing load configuration to minimize non-utilized capacity.

• Back-hauling freight from suppliers and also customers through third-party logistics service to minimize one-way or “deadhead” loads.

• Using telematics to monitor speed and, in turn, improve fuel efficiency as well as safety.

• Operating a RAM half-ton pickup that was fully converted from an internal combustion engine to electric power. Continuing to test and convert vehicles.

• High-density automated storage and retrieval systems (ASRS) equipped with conveyors and robotic cranes to increase throughput while optimizing space in distribution centers.

• Rolling out “sharing space” . Using available space within the customer’ s facilities to provide dedicated staff and inventory for their operations. Consuming minimal additional energy and producing fewer additional emissions.

• Discontinuing the use of plastic shopping bags in public branches. Offering reusable tote bags or paper bags as alternatives.

Fastenal Emission

Unit: Metric Ton CO2e 2021 2022 2022/2021 Change (%) Target

Scope 2 51,117 50,182 -1.8

Scope 1 132,030 137,410 +4.0 Scope 2 carbon intensity down 5% by 2025. Net zero emission by 2050.

Sum 183,147 187,592 +2.4

Creative R&D capability!

World’s 3rd Largest Aluminum Manufacturer

The Alcoa Way:

• Rolling out ELYSIS™ to eliminate GHGs generated in the traditional smelting process and emit pure oxygen. Available from 2024 with commercial metal available approximately two years later.

• Rolling out EcoLum™ aluminum, including wire rods, non-alloy high purity aluminum and P1020 aluminum. Three times lower carbon intensity than the industry average.

• Rolling out the world's one and only EcoSource™ Aluminum oxide with carbon intensity below the global industry average.

• Rolling out EcoDura™ aluminum containing 50% recycled materials.

• Currently, there is no technology available to process post-consumer scrap into a quality comparable with primary aluminum. To address this gap, Alcoa is developing ASTRAEA™ to extract aluminum from non-ferrous metal alloys and turn millions of tons of scrap waste into high purity aluminum, which can be applied to the EV, aerospace and defense industries.

Precision Engineering Product (Fasteners and Parts) Manufacturer

The TriMas Way:

• Natural gas is the preferred fuel source and is used wherever practical.

• Low-NOx combustion technology is considered when acquiring new equipment. TriMas Aerospace facilities use regenerative thermal oxidation technology to reduce VOC emissions from its surface coating operations by more than 95%.

• Replacing existing lighting with LED lighting.

• Converting TriMas Packaging injection molding machines to a “zero waste” process, in which the excess plastic from the mold runner is returned to the material feed system.

• Using 3-D printing to produce applicable tooling components rather than the conventional machining method, eliminating the waste removed from the feedstock.

• Converting to reusable containers for transporting products to customers rather than single-use cardboard boxes.

• Reducing energy consumption by establishing machine idling and leak tracking programs and processes. Lowering temperatures of certain processes.

• Training employees on energy-saving behaviors and sharing best practices across the organization.

Industrial

Product (Fasteners Included) Distributor

The MSC Way:

• In the past six years, MSC saved 700,000 hours of machine hours, equivalent to more than 100 million kilowatt hours.

• Helping customers reduce consumption by approximately 1.8 million product units and reduced packaging waste by more than 300 million cubic inches of waste, equivalent of filling nine blimps.

• Recycling 3,320 pounds of corrugated cardboard, paper, plastic, glass, e-waste, scrap, metal and pallets, as well as more than 76,000 pounds of computers, printers, fax machines and phones.

• Rolling out vending recycling program. Refurbishing and shipping 587 vending units.

Further Reading: Dive into MSC's ESG Council Formed in 2021

• The council is led by Steering Sponsors, Executive Vice President & Chief Financial Officer, and General Counsel & Corporate Secretary.

• The council is composed of six overseeing multiple project teams, additional business executives and a variety of subject matter experts.

• Each captain is a leader with functional expertise and influence within the organization who has been selected to lead ESG actors within their designated workstreams.

• This guiding body is deliberately cross-functional to avoid sibs and ensure enterprisewide collaboration and alignment.

MRO Product (Including Fasteners) Provider

The Grainger Way:

• Rolling out KeepStock® inventory-management solutions to help customers use inventory analysis and SKU and cost reduction to minimize excess inventory, number of orders and transportation needed while optimizing space usage, reducing environmental footprint.

Building Material, Anchor and Fastener Manufacturer

The Simpson Manufacturing Way:

• Rolling out solutions that help improve the resilience of homes and buildings to disasters. Products include structural connectors, anchors and fasteners to keep structures safe and strong, ensuring structures remain intact and usable after certain disasters and mitigating economic, environmental and community impact.

• The H1A Hurricane Tie provides a connection between the rafter and the wall that helps the structure resist wind and seismic forces.

Visionary!

Steel Product and Fastener Manufacturer

The Nucor Way:

• Investing in a start-up company – NuScale Power – which is working to develop the next generation of nuclear power –small modular nuclear reactors.

• Investing in Electra to develop a process to produce carbon-free iron.

1 and 2 emission down 35% by 2030 (compared to 2015).

Europe

Fastener, Logistics, Assembly Service Provider

The Bossard Way:

• Increasing the recycled content of cardboard to at least 86 percent across all sizes and the content of regranulated raw materials to almost 100 percent for the new flat bags. More than 1.1 tons of CO2 can be saved per year. This switch was even cost-neutral.

• Considering changes in stretch films and filling paper to be able to reduce even more carbon emission.

Innovative with R&D Capability!

Fastener and Parts Trader

The Würth Way:

• Developing 3D printing filaments made of recyclable carbon fibers or plastic to transform the recycled material obtained as waste from the customer into functional 3D printing filaments ready for market. Developing a successful circular economy model in the field of additive manufacturing.

• Implementing “material passport” to ensure that product data management remains transparent. This passport contains important information about the material with regard to social and technical compliance, such as the material composition or compliance with environmental regulations. To create a material passport, it is necessary to disclose the product components and their material properties up and down the supply chain. The material properties can be verified using indicators such as origin, toxicity of constituents, and share of recycled materials.

Industrial Fastener Manufacturer and Distributor

The Trifast Way:

• Working with leading automotive manufacturers in developing new products that are lighter, critically safe, and environmentally friendly.

• Using Footprint Manager, a software by Carbon Trust.

• Prioritizing the use of manufacturing processes creating low waste, which include cold forming. Recovering, filtering and reusing lubricants extensively within the manufacturing processes. Where possible, reusing bins, spools and packaging.

• Supplying fastenings in reusable plastic totes to many customers to reduce waste generation.

• Introducing the supplier sustainable sourcing & procurement charter and further developing the quality and sustainability agreement. Requesting that all potential key suppliers complete a supplier sustainability questionnaire to ensure that their ESG practices meet the expected standards.

Mechanical Fasteners and Precision Parts Manufacturer

The SFS Way:

• Tool handles made of renewable raw materials: SFS worked with material suppliers and plastic injection molders to find ways of replacing the ABS plastic in tool handles with biopolymers.

Industry Focus

Mechanical Connector Manufacturer

The Norma Way:

• Developing new products such as quick connectors and thermal management systems to tackle the challenges faced by clients such as weight reduction and lack of space, contributing to e-mobility.

Rail Fastening Component Manufacturer

The Vossloh Way:

• Vossloh Fastening Systems operates with 25 percent greater energy efficiency than before by modernizing the washing plant for rail clamps with smaller and lower-temperature baths.

• Providing financial support for employees to purchase an e-bike for their commute to work.

• Offering Cellentic components and rail fastening systems with a high plastic content that dampens structure-borne noise.

India

Automotive Part and Fastener Manufacturer

The Sundram Fasteners Way:

• Improving furnace loading rate. An auto loading cell was fixed in the furnace. The cell automatically opens the door and delivers products to the line. From an output of 50%, the furnace output was raised above 60%.

• Introduction of battery-operated forklift instead of diesel forklift.

• Conversion of LPG fired sintering and continuous annealing furnaces to electrical heated furnaces.

Japan

• Installing programmable temperature controllers in pit annealing furnaces.

• Increasing waste heat recovery and utilization rate in furnaces.

• Replacing GI roof sheets with transparent Polycarbonate sheets for maximum daylight utilization.

• Upgrading pumps with higher efficiency motors (IE4).

• Using brushless direct current motors which consume low power due to lower frictional losses.

Creative in Manufacturing Process Improvement!

Screw, Assembly Machine, Inspection Equipment Manufacturer

The Nitto Seiko Way:

• Developing a running status detector to minimize idling in the threading process, increase productivity, and save energy.

• Waste alkali accounts for approximately half of Nitto Seiko's waste, thereby developing the "Waste alkali recovery” equipment.

• Drying up the electroplating sludge to reduce weight and volume.

• Compressing the volume of waste plastics to 1/6 of the original size, and reducing shipment to the

RPF (solid fuel recycled from waste plastics) processor from six times to once per year.

• Rolling out new self-clinching stud bolts to replace welded bolts. Introducing lightweight screw locking machines to reduce power consumption.

Plastic Connector Manufacturer

The Nifco Way:

• Providing lightweight materials and high-performance plastic products to reduce carbon emission and tackle air pollution.

Canary in a Coalmine— Asia Clawing Its Way up to Catch up with the U.S. and Europe

Unit:

Nifco Emission

2022 Change (%)

We can observe 3 characteristics from the carbon reduction measures of the 16 iconic companies above. One, companies falling under the fastener product category put their focus on optimizing the “manufacturing process” (including threading, forming, heat treatment, packaging), “ logistics/transport” , “ inventory ” , and “customer service” , while steel, aluminum and wire rod companies in the upper stream are locked on developing carbon-reducing material technology. Two, upstream material companies like Alcoa and Nucor emit over 10 million tons of carbon, while fastener companies fall between several thousand tons to several hundred thousand tons. Three, in my investigation of 43 listed companies from the U.S., Europe, Japan and India, I found that 13 companies (30% from the U.S. and Europe) release ESG reports annually. I could only find one Indian and two Japanese companies releasing the reports online. It is an indication that those who have scientifically verified the effectiveness of their ESG measures are still mostly European and American companies. ESG has yet to take the mainstream in Asia.

The EU and U.S. carbon taxes are coming up close and poised as a threat to Asian and Taiwanese fastener companies. Some American and European companies have already done Scope 1 and 2 a few years ago, and some of them are working on Scope 3. The fastener leaders in India and Japan have completed Scope 1 and 2. As far as Taiwan is concerned, with its one-of-a-kind inter-collaborative domestic supply chain, a mutually-beneficial approach could be for Taiwan Industrial Fasteners Institute (TIFI) and Taiwan Fastener Trading Association (TFTA) to set up a "Shared Platform of Carbon Reduction Intelligence and Technological R&D". This could be an online sharing platform or a physical forum, where Taiwanese fastener experts gather to extract the technological essence of the aforementioned 16 iconic companies, brainstorm and refine into carbon reduction technologies suitable for Taiwan. That is the way to catch up with the big trends around the world.

Copyright

Tseng

Less Reading Time! Compact Version of CBAM Regulation

閱讀更省時! 歐盟CBAM法案輕量版

For those who struggle with the daunting length of CBAM regulation in full text, Fastener World editors have gone through all 53 pages of the regulation, and extracted the essential parts into a brief article for fastener business owners. This article will help you get familiar with at least 80% of the core context of CBAM, and help you get into the swing of it.

The editors have slightly simplified abstruse statements in the Regulation and cut out repetitive and redundant words and phrases to make it easier to read. Without further ado, here are the key CBAM excerpts.

Regulation (EU) 2023/956 of the European Parliament and of the Council (10 May 2023)

Critical Definitions

1. ‘Direct emissions’ means emissions from the production processes of goods, including emissions from the production of heating and cooling that is consumed during the production processes, irrespective of the location of the production of the heating or cooling. For 7318 – screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter pins, carbon dioxide washers (including spring washers) and similar articles of iron or steel, only direct emissions are to be taken into account.

2. ‘Indirect emissions’ means emissions from the production of electricity which is consumed during the production processes of goods, irrespective of the location of the production of the consumed electricity.

3. ‘Embedded emissions’ means direct emissions released during the production of goods and indirect emissions from the production of electricity that is consumed during the production processes. The authorized CBAM declarant shall keep records of the information required to calculate the embedded emissions until the end of the fourth year after the year in which the CBAM declaration has been or should have been submitted.

4. ‘Actual emissions’ means the emissions calculated based on primary data from the production processes of goods and from the production of electricity consumed during those processes.

5. ‘Ton of CO2e’ means one metric ton of CO2.

6. ‘CBAM certificate’ means a certificate in electronic format corresponding to one ton of CO2e of embedded emissions in goods.

7. ‘Surrender’ means offsetting of CBAM certificates against the declared embedded emissions in imported goods or against the embedded emissions in imported goods that should have been declared.

8. ‘Default value’ means a value calculated or drawn from secondary data, which represents the embedded emissions in goods. When actual emissions cannot be adequately determined by the authorized CBAM declarant, default values shall be used. When reliable data for the exporting country cannot be applied for a type of goods, the default values shall be based on the average emission intensity of the X % worst performing EU ETS installations for that type of goods.

9. ‘Carbon price’ means the monetary amount paid in a third country, under a carbon emissions reduction scheme, in the form of a tax, levy or fee or in the form of emission allowances under a greenhouse gas emissions trading system, calculated on greenhouse gases covered by such a measure, and released during the production of goods.

10. ‘Installation’ means a stationary technical unit where a production process is carried out.

11. ‘Operator’ means any person who operates or controls an installation in a third country.

12. ‘National accreditation body’ is appointed by each Member State.

Obligations and Rights of Authorized CBAM Declarants

1. Goods shall be imported into the customs territory of the Union only by an authorized CBAM declarant.

2. Any importer established in a Member State shall, prior to importing goods into the customs territory of the Union, apply for the status of authorized CBAM declarant.

3. Where an importer is not established in a Member State, the indirect customs representative shall submit the application for an authorization.

4. The application for an authorization shall include the following information about the applicant:

(a) Name, address and contact information

(b) EORI number

(c) Main economic activity carried out in the Union

(d) Certification by the tax authority in the Member State where the applicant is established that the applicant is not subject to an outstanding recovery order for national tax debts

(e) Declaration that the applicant was not involved in any serious infringements or repeated infringements of customs legislation, taxation rules or market abuse rules during the five years preceding the year of the application, including that it has no record of serious criminal offences relating to its economic activity

(f) Information necessary to demonstrate the applicant’s financial and operational capacity to fulfil its obligations

(g) Estimated monetary value and volume of imports of goods into the customs territory of the Union by type of goods, for the calendar year during which the application is submitted, and for the following calendar year

(h) Names and contact information of the persons on behalf of whom the applicant is acting, if applicable

5. The applicant may withdraw its application at any time.

CBAM Declaration

1. By 31 May of each year, and for the first time in 2027, each authorized CBAM declarant shall use the CBAM registry to submit a CBAM declaration for the preceding calendar year.

2. The CBAM declaration shall contain the following information:

(a) Total quantity of each type of goods imported during the preceding calendar year, expressed in megawatt-hours for electricity and in tons for other goods

(b) Total embedded emissions in the goods, expressed in tons of CO2e emissions per megawatt-hour of electricity or, for other goods, in tons of CO2e emissions per ton of each type of goods

(c) Total number of CBAM certificates to be surrendered

(d) Copies of verification reports, issued by accredited verifiers.

Carbon Price Paid in a Third Country

1. An authorized CBAM declarant may claim in the CBAM declaration a reduction in the number of CBAM certificates to be surrendered in order to take into account the carbon price paid in the country of origin for the declared embedded emissions. The reduction may be claimed only if the carbon price has been effectively paid in the country of origin. In such a case, any rebate or other form of compensation available in that country that would have resulted in a reduction of that carbon price shall be taken into account.

2. The authorized CBAM declarant shall keep records of the documentation required to demonstrate that the declared embedded emissions were subject to a carbon price in the country of origin of the goods that has been effectively paid. The authorized CBAM declarant shall in particular keep evidence related to any rebate or other form of compensation available, in particular the references to the relevant legislation of that country. The information contained in that documentation shall be certified by a person that is independent from the authorized CBAM declarant and from the authorities of the country of origin. The name and contact information of that independent person shall appear on the documentation. The authorized CBAM declarant shall also keep evidence of the actual payment of the carbon price until the end of the fourth year after the year during which the CBAM declaration has been or should have been submitted.

Registration of Operators and of Installations in Third Countries

1. The request for registration shall contain the following information to be included in the CBAM registry upon registration:

(a) the name, address and contact information of the operator

(b) the location of each installation including the complete address and geographical coordinates expressed in longitude and latitude, including six decimals

(c) the main economic activity of the installation

2. The Commission shall notify the operator of the registration in the CBAM registry. The registration shall be valid for a period of five years from the date of its notification to the operator of the installation.

3. The operator may, at any time, ask to be deregistered from the CBAM registry. The Commission shall, upon such request, and after notifying the competent authorities, deregister the operator and delete the information on that operator and on its installation from the CBAM registry.

Professional Secrecy and Disclosure of Information

1. All information acquired by the competent authority or the Commission in the course of performing their duties which is by its nature confidential or which is provided on a confidential basis shall be covered by the obligation of professional secrecy. Such information shall not be disclosed by the competent authority or the Commission without the express prior permission of the person or authority that provided it or by virtue of Union or national law.

2. By way of derogation from paragraph 1, the competent authorities and the Commission may share such information with each other, the customs authorities, the authorities in charge of administrative or criminal penalties, and the European Public Prosecutor’s Office, for the purposes of ensuring compliance of persons with their obligations under this Regulation and the application of customs legislation. Such shared information shall be covered by professional secrecy and shall not be disclosed to any other person or authority except by virtue of Union or national law.

Accreditation of Verifiers

A national accreditation body may, on request, accredit a person to be a verifier for the purpose of this Regulation.

Review of CBAM Declarations

1. The Commission may review CBAM declarations, in accordance with a review strategy, including risk factors, within the period ending with the fourth year after the year during which the CBAM declarations should have been submitted.

2. Where the competent authority concludes that the declared number of CBAM certificates to be surrendered is incorrect, it shall determine the number of CBAM certificates which should have been surrendered by the authorized CBAM declarant, taking into account the information submitted by the Commission. The competent authority shall notify the authorized CBAM declarant of its decision on the number of CBAM certificates determined and shall request that the authorized CBAM declarant surrender the additional CBAM certificates within one month.

3. Where the competent authority concludes that the number of CBAM certificates surrendered exceeds the number which should have been surrendered, it shall inform the Commission without delay. The CBAM certificates surrendered in excess shall be repurchased.

Sale of CBAM Certificates

1. A Member State shall sell CBAM certificates on a common central platform to authorized CBAM declarants established in that Member State.

2. The Commission shall ensure that each CBAM certificate is assigned a unique identification number upon its creation. The Commission shall register the unique identification number and the price and date of sale of the CBAM certificate in the CBAM registry in the account of the authorized CBAM declarant purchasing that certificate.

Price of CBAM Certificates

1. The Commission shall calculate the price of CBAM certificates as the average of the closing prices of EU ETS allowances on the auction platform, in accordance with the procedures, for each calendar week. For those calendar weeks in which no auctions are scheduled on the auction platform, the price of CBAM certificates shall be the average of the closing prices of EU ETS allowances of the last week in which auctions on the auction platform took place.

2. The Commission shall publish the average price on its website or in any other appropriate manner on the first working day of the following calendar week. That price shall apply from the first working day following that of its publication to the first working day of the following calendar week.

Surrender of CBAM Certificates

1. By 31 May of each year, and for the first time in 2027 for the year 2026, the authorized CBAM declarant shall surrender via the CBAM registry a number of CBAM certificates that corresponds to the embedded emissions declared for the calendar year preceding the surrender. The authorized CBAM declarant shall ensure that the required number of CBAM certificates is available on its account in the CBAM registry.

2. The authorized CBAM declarant shall ensure that the number of CBAM certificates on its account in the CBAM registry at the end of each quarter corresponds to at least 80% of the embedded emissions in all goods it has imported since the beginning of the calendar year.

Repurchase of CBAM Certificates

1. Where an authorized CBAM declarant so requests, the Member State where that authorized CBAM declarant is established shall repurchase the excess CBAM certificates remaining on the account of the declarant in the CBAM registry after the certificates have been surrendered. The Commission shall repurchase the excess CBAM certificates through the common central platform on behalf of the Member State where the authorized CBAM declarant is established. The authorized CBAM declarant shall submit the repurchase request by 30 June of each year during which CBAM certificates were surrendered.

2. The number of certificates subject to repurchase shall be limited to one third of the total number of CBAM certificates purchased by the authorized CBAM declarant during the previous calendar year.

3. The repurchase price for each CBAM certificate shall be the price paid by the authorized CBAM declarant for that certificate at the time of purchase.

Rules Applicable to the Importation of Goods

1. The customs authorities shall not allow the importation of goods by any person other than an authorized CBAM declarant.

2. The customs authorities may communicate confidential information acquired by the customs authorities in the course of performing their duties, or provided to the customs authorities on a confidential basis, to the Commission and the competent authority of the Member State that has granted the status of the authorized CBAM declarant.

Penalties

1. An authorized CBAM declarant who fails to surrender, by 31 May of each year, the number of CBAM certificates that corresponds to the emissions embedded in goods imported during the preceding calendar year shall be held liable for the payment of a penalty. Such a penalty shall be applicable in the year of importation of the goods.

2. Where a person other than an authorized CBAM declarant introduces goods into the customs territory of the Union without complying with the obligations under this Regulation, that person shall be held liable for the payment of a penalty. Such a penalty shall be an amount from three to five times the penalty referred to in paragraph 1. The payment of the penalty shall not release the authorized CBAM declarant from the obligation to surrender the outstanding number of CBAM certificates in a given year.

Circumvention

Practices of circumvention shall be defined as a change in the pattern of trade in goods, which stems from a practice, process or work which may consist of, but is not limited to:

(a) Slightly modifying the goods concerned to make those goods fall under CN codes which are not listed, except where the modification alters their essential characteristics

(b) Artificially splitting shipments into consignments the intrinsic value of which does not exceed the threshold

Scope of the Transitional Period

During the transitional period from 1 October 2023 until 31 December 2025, where the importer is established in a Member State and appoints an indirect customs representative, and where the indirect customs representative so agrees, the reporting obligations shall apply to such indirect customs representative. Where the importer is not established in a Member State, the reporting obligations shall apply to the indirect customs representative.

That’s a Wrap

There you go. Fastener World keeps tabs on CBAM and for latest updates, check out www.fastener-world.com and our publications.

Copyright owned by Fastener World Article by Dean Tseng

AD page: 49

BEIJING JINZHAOBO HIGH STRENGTH FASTENER CO., LTD.

Structural Bolts/Stud Bolts/Anchor Bolts/ High Strength Bolts/Welding Studs/TC Bolts

info@jzbolts.com

www.bjzhaobo.com

北京金兆博高強度緊固件有限公司

CE, ISO-9001, FPC

AD page: 34

CHINFAST CO., LTD.

Chipboard Screws/Thread Rod/Hexagon Nuts/Flat Washers/Wood Construction

Screws/Nylon Nuts/Hexagon Wood Screws/DIY Packing

vicky@chinfast.com

www.chinfast.com

嘉興市鋒捷貿易有限公司

AD page: 17

BOMAO HARDWARE CO., LTD. (DONGGUAN BOMAO IMPORT &

EXPORT TRADING CO., LTD.)

Hexagon Dies/Main Die/Pin/Second Punch/ Cutter Dies/First Punch Casting/Workshop

info@bomao-group.com

www.bomao-hardware.com

東莞市博茂進出口貿易有限公司

AD page: 78

DONGGUAN GRAND METAL COMPANY LIMITED

Rivets/Blind Nuts/Rivet Nuts/CNC Parts/ CNC

Lathe/Self-clinching Nuts/Spacers/Cage Nuts/ Insert Nuts/Clinch Nuts/Welding Studs/Brass Insert/Coupling Nuts/Clinch Stud

zhuyb@grandametal.com

www.grandametal.com

東莞市昕藝精密五金有限公司 ISO-9001, IATF16949

AD page: 153

CHONGQING YUSHUNG NONFERROUS METALS CO., LTD.

Brass & Bronze Screws/Brass Bronze Washers/Copper Bolts/Copper Nuts/ Copper Nails/Brass & Bronze Nuts/Brass & Bronze Bolts/Brass & Bronze Nails/Copper

Screws

info@yushung.com

www.yushung.com

宇聲金屬制品有限公司

ISO-9001

AD page: 87

DONGGUAN TOBON SCREWS CO.,LTD.

Precision Fasteners

info@tobon.com

www.tobon.com

東莞拓邦螺絲有限公司 ISO 9001, ISO 14001, QC 080000, ISO 45001, IATA 16949

AD page: 9

FOSHAN CITY GUANGQINGCHANG METAL PLASTIC CO., LTD.

Standard Rivets/Sealed Rivets/Peel Rivets/ Tri-Firm Rivets/Uni-Grip Rivets/Multi-Grip Rivets/Hemlok Rivets/Monobolt Rivets/ Interlock Rivets

sales@qingchang.com.cn

www.qingchangrivet.com

佛山市廣慶昌金屬塑料有限公司

ISO-9001, IATF16949

GUANGDONG YANGJIANG HONGHUI METAL TECHNOLOGY CO.,

Stainless Steel & Carbon Steel Self-drilling Screws

info@longxincn.com

www.honghuijinshu.com

廣東陽江宏惠金屬科技有限公司

ISO-14001, ISO-9001:2015

GUANG DONG SHITELAO FASTENER SYSTEM CO., LTD.

Washers and Fasteners

szjyd@dg-jyd.com

www.szjyd-lock.com

廣東史特牢緊扣系統有限公司

IATF16949, ISO-14001, ISO-9001

GUANGDONG BOITO CONSTRUCTION TECHNOLOGY CO., LTD.

Bi-Metal Self Drilling Screw

victoria@boitoscrew.com

www.boitoscrew.com

廣東伯億特建築科技有限公司

ISO-9001:2015

AD page: 97

HAINING JINJIE METAL CO., LTD.

Furniture Screws/Tapping Screws/Button Head Socket Cap Screws/Combined Screws/Floorboard Screws/Hexagon Head Cap Screws/Triangular Thread Screws/ Screws in Small Packs/Clinch Stud Screws/ Drywall Screws/Lag Screws/Washer Head Screws

jacky@gtfixen.com

www.gtfixen.com

海寧金捷金屬股份有限公司

ISO-9001, ISO-14001

AD page: 45

HAIYAN GETE HARDWARE CO., LTD.

Concrete Screws/Wood Screws/SelfTapping Screws/Self-drilling Screws/ Chipboard Screws/Deck Screws/Machine Screws/Stainless Steel Bolts/Stainless Steel Screws/Wing Nuts/Square Nuts/Furniture Screws

yyp@getehardware.com

www.getehardware.com

海鹽格特五金有限公司 ISO-9001

AD page: 8

HAIYAN SANHUAN FASTENERS CO., LTD.

Automotive Fasteners/Hex Bolts/Carriage Bolts/Flange Bolts/Hex Nuts/Metal Torque Nuts/Weld Nuts

info@sanhuan-co.com

www.sanhuan-co.com

海鹽三桓緊固件有限公司

ISO-9001

AD page: 101

HANDAN AOJIA FASTENERS MANUFACTURING CO., LTD.

Building Anchors/Ceiling Anchors/ Wedge Anchors/Wire Anchors/Anchors/ Anchor Bolts/Concrete Anchors/Dropin Anchors/Expansion Anchors/Hammer Drive Anchors/Metal Frame Anchors/Nail In Anchors

haojia004@aojiaanchor.com

www.aojiafasteners.com

邯鄲市澳嘉緊固件製造有限公司 ISO-9001, TÜV

AD page: 67

HAIYAN SHANGJIA HARDWARE CO., LTD.

Construction Bolts/Fastener Bolts/Specialshaped Flange Bolts/Non-standard wood Screws/Non-standard Flange Self-tapping Screws/Non-standard Adjustment Feet/ Adjustable Adjusting Feet/Hexagonal Adjustment Foot/Shaped Flange Nut/Sofa Nut/ Knurled Nut/Stainless Steel/Non-Standard Screw

sjzhz@hyshangjia.com

www.sjujcn.com

海鹽上嘉五金有限公司

AD page: 127

HANDAN

FEITE METAL CO., LTD.

Concrete Screws/Masonry Screw Bolt/ Wedge Anchor/Hex Bolt/Set Anchor/ DIN571 Screws/Furniture Scews/Bean Cleam/Washer/Spring Nut/Dyna Bolt/Lag Screws/Construction Fasteners/Security Fasteners/Eyelag Screws,...

dc_metal@126.com

wwww.dropinanchor.com

邯鄲市飛特金屬制品有限公司

AD page: 103

HAIYAN WEISHI FASTENER CO., LTD.

Hexagon Nuts/Flange Nuts/Nylon Insert Nuts/American Standard Nuts/Cold Forged Nuts/Heavy Nuts

andy.huang@wsfastener.com

www.wsfastener.com

海鹽衛士標準件有限公司

ISO-9001

AD page: 83

HANDAN QUNXING HARDWARE PRODUCTS COMPANY LIMITED

Flange Nuts/Thread Rod/Drywall Screws/ Nylock Nuts/Hex Nuts/Hex Bolts/Fix Bolts/ Drop-in Anchors/Expansive Bolts

9087617@qq.com

www.qxbzj.com

邯鄲市群星五金製品有限公司

AD page: 51

HANDAN XIAOJUN FASTENER MANUFACTURING CO., LTD.

Self Drilling Screw/Carbon Steel CSK Head

Self Tapping Screw/Chipboard Screw/ Stainless Steel Drywall Screw/Carbon Steel Drywall Screw/Hex Head Self Tapping Screw/Stainless Steel CSK Head Self Tapping Screw...

xj@xj-fastener.com

www.xj-fastener.com

邯鄲市曉軍緊固件製造有限公司

ISO-9001

AD page: 69

HEBEI CHAISHI NEW ENERGY TECHNOLOGY CO., LTD.

Thread Rod/Stud Bolts/J Bolts/U Bolts/ Anchor Bolts/Hex Bolt/L Bolt/Carriage Bolt/ Hex Flange Bolt/Screw/Hex Nut/Washer/ OEM service

tc.lisa@tian-cong.com

www.tiancongfastener.com

河北柴氏新能源科技有限公司

CE, ISO-9001, ISO-14001, ISO-45001

AD page: 30

HANGZHOU GRAND IMP.& EXP. CO., LTD.

(HAIYAN JIAMEI HARDWARE)

Self-Tapping Screws/Wood Screws/Selfdrilling Screws/Deck Screws/Drywall Screws

warryzhou@grandind.com

www.jiameihardware.com /index.aspx

杭州德蘭進出口有限公司

AD page: 6

HEBEI CHENGYI ENGINEERING MATERIALS CO., LTD.

Bolts/Nuts/Washers/Threaded Rods, Anchors/Screws/Custom Fasteners/OEM/ ODM

admin@cyfastener.com

www.cyfastener.com

河北誠億工程材料有限公司

ISO-9001, ISO-14001, ISO-45001

AD page: 152

HANGZHOU LIZHAN HARDWARE CO., LTD.

Self Drilling Screws/Drywall Screws/Decking Screws/Chipboard Screws/Tapping Screws/ Concrete Screws/Machine Set Screws/ Other Types of Customized Products

gm@lizhan-hardware.net

www.lizhan-hardware.net

杭州力展五金有限公司

ISO-9001:2015

AD page: 38

HEBEI FUAO FASTENER MANUFACTURING CO., LTD.

Wedge Anchors/Drop In Anchors/Chemical Anchors/One Pc Anchors/Bolt Anchors/ Sleeve Anchors/Pan Anchors/3.4pc Anchors/Metal Frame Anchors

carrie@fuaofastener.com

www.fuaofastener.com

河北富奧緊固件製造有限公司

AD page: 95

HEBEI GOODFIX INDUSTRIAL CO., LTD.

Anchors/Threaded/Photovoltaic Brackets

info@fixdex.com

www.fixdex.com

河北固耐安工業股份有限公司

CE, ISO-9001

HEBEI JINAN FASTENER CO., LTD.

Welding Studs/Self-drilling Screws/Anchor Bolts/Wood Screws/Shear Stud/10.9S Tension Control Bolt/10.9S Structural Hex Bolt/Flat Head Self-drilling Screw/Insert Nut, Double-head Bolt/Hex Bolt And Nut

info@jnfasteners.com

www.jnfasteners.com

河北冀南緊固件股份有限公司

CE, ISO-9001

AD page: 93

HEBEI YUETONG FASTENERS MANUFACTURING CO., LTD.

AD page: 1, 25

HISENER INDUSTRIAL CO., LTD. (YTFASTEN)

All Kinds of Hex Nut/Hex Bolt/Thread Rod/ Sleeve Anchors/Flat Washer/Screws with DIN/BSW/ANIS/MS.

aimee@ytfasteners.com

www.ytfasteners.com

河北越通緊固件製造有限公司

CE, ISO-9001, ISO 10683, ISO 16047, ISO 4753

Deck Screws/Wood Screws/Roofing Screws/Chipboard Screws/Concrete Screws/Self-Tapping Screws/Machine Screws/Self-drilling Screws

sales@hisener.com

www.hisener.com

浙江海迅精密科技有限公司

CE, ISO-9001, CE 14566, CE 14592, ETA, ISO-9001:2015, ISO-14001, ISO-45001

AD page: 33

HEBEI XINYU METAL PRODUCTS CO., LTD.

Wing Nuts/Riveted T-nuts/Pallet Nuts/ T-Nuts with Prongs/Propeller Nuts/Hopper Feed Nuts/Plain Base Nuts without Prongs

xyjs@t-nuts.cn; xy@t-nuts.cn

www.t-nuts.cn

河北鑫宇金屬制品股份有限公司 ISO-9001

HONG FU METAL INDUSTRIAL CO., LTD.

Buy And Sell Used Fastener Machinery/Cold Header/Nut Formers/Screw (Bolt) Formers/ Assembly Machine/Heading Machine

hongfu1688@gmail.com

www.fastener-machine.com

鴻富金屬工業有限公司

AD page: 13

HUNAN LIANGANG FASTENERS CO., LTD.

wendy.tan@liangang.com

www.liangang.com

湖南蓮港緊固件有限公司

ISO-9001, IATF16949

AD page: 41

JIANGSU YONGYI FASTENER CO., LTD.

EN-14399/EN-15048/A325/A490/JIS1186/ AS-1252/DIN912/DIN931/DIN933

sales@yongyifasteners.com

www.yongyifasteners.com

江蘇甬怡緊固件有限公司

CE, ISO/IEC-17025, ISO-9001:2015, ISO-14001, ISO-45001, CNAS ISO-17025

HUNG-YIN ENTERPRISE

Straightening Machine

hi.sales@msa.hinet.net

www.honin.com.tw

鴻印企業行

IWASHI TECHNOLOGY LIMITED

1. Bolt Nut & Parts Former Machine

2. Annealing Furnace

3. Wire Pickling Equipment

4. Wire Drawing Machine

5. Wire Material for Fasteners

iwashi@vip.163.com

www.iwashi.asia

岩琦科技有限公司

AD page: 43

JIASHAN UNITED OASIS FASTENER CO., LTD.

Drywall Screws/Self-tapping Screws/ Outdoor Screws/Deck Screws/ Woodworking Screws/Concrete Screws/ Cement Board Screws/Collated Screws

webb@uofastener.com

www.uofastener.com

浙江合洲緊固件科技股份有限公司

JIAXING AOKE HARDWARE TECHNOLOGY CO., LTD.

All Anchor/Furniture Hardware/Pipe Clamp/ Auto Parts/Susp. Fitting Keyhole/Angle/ Allen Key and Trapp Tripp/Washer Stainless Steel with Screws/Expansion Bolt with Hex Nut and Washer/Clip for Wedge Anchor/ Furniture Hardware/Pipe Clamp/Tripp Trapp

nick@jx-aoke.com

www.jx-aoke.com

嘉興市奧科五金科技股份有限公司 ISO-9001

AD page: 116

JIAXING CAVORT HARDWARE CO., LTD.

Flanged Head Bolts/Thread Rod/Machine Screws/Tee Nuts/Drop-in Anchors/Wedge Anchors/Expansion Anchors/Ceiling Anchors/ Rubber Washers/Self-drilling Screws/Cable Ties/Hammer Drive Anchors

jxcavort@nbcavort.com

www.nbcavort.com

嘉興卡沃德五金有限公司

AD page: 63

JIAXING HAINA FASTENER CO., LTD.

Screw/Washer/Solar Hanger Bolt/Roof Hook/Aluminum Fitting For Solar

tony@hainafastener.com hainasolar.com

嘉興海納緊固件有限公司 ISO-9001:2015

AD page: 15

JIAXING FASTEN FIX CO., LIMITED

Blind Rivets/Blind Nuts/Rivet Nuts/ Pneumatic/hydraulic Riveters/Welding Studs

sales@fastenfix.cn

www.fasten-fix.com

嘉興捷固五金制品有限公司 IATF16949

AD page: 39

JIAXING LIXIN FASTENERS CO., LTD.

Lock Nuts/Weld Nuts/Flange Nuts/Wheel Nuts/Thin Nuts/Hex Nuts/Square Nuts/ Brass Nuts/Special Parts

zhoufeng@lxfasteners.com

www.lxfasteners.com

嘉興立欣緊固件股份有限公司 ISO9001, ISO14001, ISO45001 , IATF16949

AD page: 58

JIAXING GOODWAY HARDWARE

Blind Nuts/Rivet Nuts/Turning Parts/Anchors/ Die Casting/Stamped Parts/Special Parts/ Special Cold & Hot Forming Parts/Machine Parts/Forged And Stamped Parts/CNC Parts/ CNC Lathe/Fastener Kits/Weld Parts/Drawing Parts/Cold Forming Parts/ Hot Forging Parts/ CNC Machining Parts/Assembly Parts/Fastener Kits/Weld Parts/Laser Cutting Parts

info@goodway-fastener.com

www.goodway-fastener.com

嘉興市固威貿易有限公司

ISO-9001

AD page: 46

JIAXING KINFAST HARDWARE CO., LTD.

Concrete Screws/Wood Screws/Chipboard Screws/Drywall Screws/Machine Screws/ Deck Screws/Thread Rod/Wedge Anchors/ Bi-metal Concrete Screw Anchors/Selfdrilling Screws/Self-Tapping Screws/Roofing Screws/Stainless Steel Screws/Concrete Screw Anchors/Safety Wood Screws/Wood Construction Screws

info@kfproduct.com

www.kinfast.com

嘉興海德五金有限公司

ISO-9001, CE

AD page: 19

JIAXING UPRIGHT IMPORT & EXPORT LIMITED COMPANY

Hexagon Nuts/Lug Nuts/Cap Nuts/Flange Nuts/Nylon Insert Nuts/Tee Or T Nuts/Blind Nuts / Rivet Nuts

kellenhoo@hynut.com

www.hynut.com

嘉興市正上進出口有限公司

AD page: 109

KUNSHAN

DATONG PRECISION DIES CO., LTD.

Forming Dies & Accessories

ksdatong@163.com

www.ksdatong.com

昆山大同精密模具有限公司

ISO-9001:2015

AD page: 65

JIAXING VODA FASTENER CO., LTD.

Deck Screws/High Strength Bolts/U Bolts/ Plow Bolts/Elevator Bolts/Hook Bolts/ Hexagon Head Bolts/Flange Nuts/Dome Nuts/Coupling Nuts/Thick Nuts/Thin Nuts

sales@vodafast.com

www.vodafast.com

嘉興渥達緊固件有限公司

ISO-9001:2015, ISO-9001

AD page: 76

LANGXI LONGWEI METAL TECHNOLOGY CO., LTD

Carbon Steel and Stainless U Bolts/Anchor Bolts/Eye Bolts/Stud Bolts/Pipe Clamps and Some Customized Steel Parts

lwnicole@aliyun.com

www.longweimetal.com

郎溪龍威金属科技有限公司

JINGLE-TECH FASTENERS CO., LTD.

T-head or T-slot Bolts/Eye Bolts/Special Bolts/U Bolts/Eye Screws/Machine Screws/ Wood Screws/Drywall Screws/Chipboard Screws/Self-Tapping Screws/Self-drilling Screws/Special Screws

sales@jinglecorp.com

www.jinglecorp.com

寧波欣遠鈞固進出口有限公司 CE, ISO-9001

AD page: 22

LIANYUNGANG SULI

HARDWARE TECHNOLOGY

CO., LTD. (JIAXING CHIAYO)

Construction Fasteners/Deck Screws/ Chipboard Screws/High Low Thread Screws/Roofing Screws/Self-Tapping Screws/Drywall Screws/Self-drilling Screws/ Concrete Screws/Countersunk Screws/ Wing Screws/Screws in Small Packs

sales.a@kocmoc.cn

www.kocmoc.cn

連云港速力五金科技有限公司(嘉興市嘉友)

ISO-9001, CE 14566, CE 14592

LINKFAST TECHNICAL CO., LTD.

Chipboard Screw/Timber Screw/Advanced Multi-purpose Screw/Decking Screw/Hex Washer Head Self-drilling Screw

info@linkfast.cc

www.linkfast.cc

嘉興銘承精工科技有限公司 (海鹽友上 )

ISO-9001, SMETA,

CE:EN15048-1:2007, EN14592:2008+A1:2012, EN14566+A1:2010

AD page: 91

NINGBO HUASHEN YULU SET SCREWS CO., LTD.

Socket Set Screws/Socket Head Set Screws/ Slotted Set Screws/Security Set Screws/ Hollow Set Screws/Hollow Jam Socket Set Screws/Brass Tip Set Screws/Stainless Square Set Screws/Headless Set Screws

hs@hs-bolt.com

www.set-screw.com

寧波華申羽路緊固件有限公司

ISO-9001

AD page: 133

NANTONG LOCK FASTENER MANUFACTURING CO., LTD.

High Strength Rivets/Truck & Trailer Rivets /Lockbolt/HuckBolt/Anti-loosening Bolt/ NeoBolt

hhf@lockrivet.net

www.lockrivet.net

南通洛克緊固件製造有限公司 IATF16949, ISO-9001:2015

AD page: 99

NINGBO RUIYI METAL PRODUCTS CO., LTD.

Stainless Steel Screws/Self-drilling Screws/ Chipboard Screws/Machine Screws/SelfTapping Screws

sales@ry-screw.com

www.ry-screw.com

寧波瑞熠金屬製品有限公司

ISO-9001

AD page: 71

NINGBO GEOBO HARDWARE CO., LIMITED.

1. Solar Fasteners 2. Stainless Steel Fasteners

3. Bi-Metal Screws/Concrete Bolts 4. Self Drilling /Tapping Screws 5. Wood/Chipboard/ Decking Screws 6. Bolts 7. Nuts 8. Washers

9. Non-Standard Fasteners 10. Stamping Parts

info@cngeobo.com

geobofastener.com

寧波卓邦金屬製品有限公司

ISO-9001

AD page: 24

NINGBO SUNLONG IMP AND EXP CO., LTD.

Stainless Steel Screws/Drywall Screws/Selfdrilling Screws/Bi-metal Screw/Sandwich Panel Screw/Wood Construction Screw/ Roof Screw/Painted Screw

Yolanda@nbsunlong.com

www.nbsunlong.com

寧波嵊隆進出口有限公司

CE, ISO-9001:2015

NINGBO WEIFENG FASTENER CO., LTD.

Nylon Nail Anchors/Self-drilling Screws/ Self-Tapping Screws/Sleeve Anchors/ Thread Rod/Eye Bolts/Nylon Screws/Spring Washers/Flat Washers/Stainless Steel Self Drilling Screws/Stainless Steel Self Tapping Screws/Hollow Wall Anchors

tony@wf-fastener.com

www.wf-fastener.com

寧波威鋒緊固件有限公司

CE, ISO-9001

AD page: 64

NINGBO XINFENG MACHINERY INDUSTRY

CO., LTD.

Hex Washer Head Self Drilling Screws

xufeng@xffastener.com

www.xffastener.com

寧波鑫鋒機械實業有限公司

AD page: 107

NINGBO

TRANSHOW FASTENER CO., LTD.

transhow@transhow.cn

www.transhow.cn

寧波泉秀緊固件有限公司

CE, RoHS, REACH

AD page: 28

NINGBO ZHISHANG SPECIAL FASTENERS

CO., LTD.

Blind Rivets/Multigrip Rivets/Drive Rivets/ Solid Rivets/Hollow Rivets

sales@zsrivet.com

www.zsrivet.com

寧波至上特種緊固件有限公司 IATF16949, ISO-9001

AD page: 73

NINGBO WORLD BROAD HARDWARE & ELECTRICAL CO., LTD.

Mechanical Fastener/Stamping Fastener/ Plastic Fasteners/Automobile Bolt/ Customized Fasteners/Other Fastener Products

lujunf@shiyu-anchor.com

www.wbfasteners.com

寧波世裕五金電器有限公司

AD page: 105

PRINCE FASTENER (NANTONG) MANUFACTURING CO., LTD.

All Kinds of Screws/Chipboard Screws/ Customized Special Screws/Bolts/Drywall Screws/Furniture Screws

princefastener@gmail.com

www.princefastener.com

王梓標准件制造南通有限公司 CE, ISO-9001

AS3566.1-2002

Silo Bolts/Nuts

AD page: 111

RUIAN HUILIDA METAL PRODUCTS CO., LTD

Fastener/Lock Pin/Spring Washer/Spring

Pin/Snap Ring & Retaining Ring/Clamp/ Spring Wire Forming/Auto Spring/Hardware Spring/Other Wire Forming/Auto Parts/ Stamping Parts/Repair Kits/Spring Clip

valia@chinahuilida.com

www.chinahuilida.com

瑞安市匯力達金屬制品有限公司

AD page: 16

SAILUK RIVET CO., LTD.

Aluminum Rivets/Stainless Steel Rivets/Blind Rivets/Multigrip Rivets/Rivets

sales@sailuk-rivet.com

www.sailuk-rivet.com

佛山市南海區西河五金製品有限公司

IATF16949, ISO-9001

AD page: 48

RUIAN DOUBLE-GOLD MACHINERY ACCESSORY FACTORY

Spring Washers/Split Washers/Wave Washers/Bearing Shield Rings/Bearing Clamps, etc.

shuangjin@double-gold.cn

www.double-gold.com.cn

瑞安市雙金機械附件廠 ISO-14001, ISO-9001, REACH, ROHS2.0

SAN TZENG ENTERPRISE CO., LTD.

Forming Oil/Tapping Oil/Bolt Stamping Oil/ Nut Forming Oil/Metal Working Oil/Rust

Preventative Oil

san.cheng@msa.hinet.net

www.fastener-world.com/en/supplier/santzeng

三城企業有限公司

ISO-14001, ISO-9001:2015

SACMA GROUP

Sacma: Progressive Headers 1D2B Combined Headers (Forming + Threading), Combined

Headers (Forming + Pointing + Threading), Warm Forming Headers/Ingramatic: Micro Threaders, Single Starter Unit Threaders, Double Starter Unit Threaders, Warm Rolling Machines/HS ASPE: Tapping Machine, Combined Machine (Drilling Tapping), Transfer Machine, Turning Machine

info@sacmalimbiate.it

www.sacmagroup.com

ISO-9001

AD page: 14

SAN YUNG ELECTRIC HEAT MACHINE CO., LTD.

Heat Treatment Furnace/Annealing

Furnace/Quenching Furnace/Surface

Treatment And Related Equipment

tsy@sanyung.com

www.sanyung.com

三永電熱機械股份有限公司

CE, ISO-9001

AD page: 4

SHANGHAI CHUN ZU MACHINERY INDUSTRY CO., LTD.

Fastener Maker/Nut Formers/Screw (Bolt) Formers

chunzu@chunzu.com.cn chunzucn.yun2u.cn

上海春日機械工業有限公司 ISO-9001

AD page: 12

SHANGHAI TONE MACHINE CO., LTD.

Pneumatic/hydraulic Riveters/Rivet Nut Tools/Hand Rivet Tools/Hand Rivet Nut/ Rivet Bolt Tools/Air Hydraulic Rivet

tone@sweet-tool.com

www.sweet-tool.com

上海托恩機械有限公司

CE

AD page: 52

SHANGHAI DELON RIVET MANUFACTURE CO., LTD.

Blind Rivets/Blind Nuts/Rivet Nuts/ Structural Rivets/Hand Rivet Tools/Hand Rivet Nut/Rivet Bolt Tools/Air Hydraulic Rivet

z.tao@delonrivet.com

www.delonrivet.com

上海狄龍鉚釘製造有限公司 ISO-9001

AD page: 32

SHAW GUANG ENTERPRISE CO., LTD.

Nylon Nuts With Conical Washers/Kep Nuts/Conical Washer Nuts/Hex Nuts With Conical Washers

tom.huang@shawguang.com.tw www.shawguang.com.tw

紹光實業有限公司

IATF16949, ISO-9001:2015

AD page: 29

SHANGHAI FASTENMAN METAL PRODUCT CO., LTD.

Solar: Dowel Screws with Flange Nuts and EPDM, Solar Hooks

Standard: Screws/Bolts/Nuts/Washers/ Rods/Sockets

felix@fastenman.com.cn

www.fastenman.com.cn

上海緊通國際貿易有限公司 ISO-9001

AD page: 115

SIJIN INTELLIGENT FORMING MACHINERY CO., LTD.

Parts Forming Machine/Open Die Machine/ Nut Formers/Screw (Bolt) Formers

sijinchina@machinesijin.com

www.machinesijin.com

思進智能成形裝備股份有限公司

CE, ISO-9001

AD page: 2

SPECIAL RIVETS CORP.(SRC)

Blind Rivets/Hand Riveters/Blind Nuts / Rivet Nuts/Closed End Rivets/Hand Rivet

Tools, Hand Rivet Nut/Rivet Bolt Tools/Air Hydraulic Rivet/Multigrip Rivets/Painted Rivets/High Strength Rivets/Rivet Nut

Tools/Structural Rivets/Nickel & Nickel Alloy Rivets/Pneumatic/hydraulic Riveters

srcrivet@ms12.hinet.net

www.srcrivet.com

恆昭企業股份有限公司

ISO-

AD page: 156

Steel Carbon/Stainless Steel Brass: Bolt/Nut/Washer/Threaded Rod/Screw/Anchor/Furniture Parts/ Wire Riggings/Pins/Nails/Rivets/Nylon Products/Stamping Parts/Machining Parts/ Automotive Bolts & Nuts & Pins/Special Items Per Drawing

bill@chite.com.tw

www.chite.com.tw

上海尚嘉貿易有限公司

TAF, ISO-9001:2015

AD page: 154

SSF INDUSTRIAL CO., LIMITED

Stamped Parts/Furniture Fittings/Flat Washers/Lock Washers/Finishing Washers/ HDG Washers/Square Washers

lilian@ssfwashers.com

www.ssfwashers.com

聊城市固特金屬製品有限公司 ISO-9001

AD page: 23 TAINAN

Annealing Furnace/Quenching Furnace

tainanchinchang@tainanchinchang.com www.chin-chang.com.tw

台南振昌電機有限公司 ISO-9001

AD page: 61

SUZHOU RUIBO MACHINERY AND ELECTRONIC CO., LTD.

DIN25201 Wedge Lock Washer/DIN6796

Conical Spring Washer/NFE25511 Conical

Contact Lock Washer/SN70093 Toothed

Contact Lock Washer/DIN9250 Double Side

Knurl Lock Washer

jack@rbo-global.com

www.rbo-global.com/en

蘇州瑞博機電有限公司

IATF16949, ISO-9001:2015

Hardened Steel Washers/Stamped Parts/ Thru-hardened Washers/Metal Stamping Parts/Malleable Washers/Cast-In-Plates/ Metal Cleats/Load Indication Washers/ Square Washers/Conical Springs/Wave Spring Washers/ Circlips/Retaining Rings/ Starlock Cup Washers

pyjessica022@163.com

www.tjpyco.com

天津市平源五金制品有限公司

ISO-9001, ISO-9001:2015

AD page: 10

TSLG (TAIWAN

SELF-LOCKING

FASTENERS IND CO., LTD.)

Nylok patch/ Nystay/Nycote/Nyseal/ Nytemp/Precote 30/Precote 80/Precote 85/Precote 200/Precote 5/Precote 709/ Loctite 204

tslg.dg@tslg.com.cn www.tslg.com.cn

台灣耐落股份有限公司

IATF16949, ISO-9001, ISO-14001

AD page: 79

YANGJIANG

DMSCREW HARDWARE PRODUCTS CO., LTD.

Bi-metal Self-drilling Screws/Self-Tapping Screws/SEMS Screws/Roofing Screws/ Customized Special Screws/Collated Screws/Wood Screws/Special Screws/Selfdrilling Screws/Corrosion Resistant Screws

sales@dm-screw.com

www.dm-screw.com

陽江市得盟五金制品有限公司 ISO-9001:2015, IATF16949

AD page: 18

TZE

PING

PRECISION MACHINERY CO., LTD.

Open Die Machine/Cold Header/Multistation Cold Forming Machine

tpp.machine@msa.hinet.net www.tze-ping.com

智品精密機械有限公司

CE

YANGJIANG QIANGXING STAINLESS STEEL CO., LTD.

Stainless Steel Self Drilling Screws/Stainless Steel Self Tapping Screws/Round Head Phillips Self-drilling Screw/Countersunk Self-drilling Screw/Round Head Selfdrilling Screw With Washer/Hexagon Selfdrilling Screw With Washer/Wafer Washer/ Hexagon Socket Flat Head Self-drilling Screw

edward19951128@163.com www.dgqxss.com

陽江市強星不銹鋼有限公司

AD page: 117

WUXI ANSHIDA HARDWARE CO., LTD.

Blind Rivets/Blind Nuts / Rivet Nuts

service@anshida.com

www.anshida.com

無錫安士達五金有限公司

AS-9100B, IATF16949, ISO-14001

YUYAO AKF FASTENERS CO., LTD.

Wood Screws/Self-drilling Screws/SelfTapping Screws/Machine Screws/Metric Screws/Metal Screws/Furniture Screws/ Floorboard Screws/High Strength Screws/ Combined Screws/Bi-metal Screw/Carbon Steel Screws

anchor@anchor888.com

www.akffastener.com

余姚奧可飛緊固件有限公司 ISO-9001, CE

AD page: 81

YUYAO NO.2 STANDARD FASTENER

FACTORY /

YUYAO BIAOER TRADING CO., LTD.

Eye Bolts/Window Hinges/Door Hinges

ruanlifei@biaoer.com

www.biaoer.com

余姚市高中壓標準件二廠 余姚標二貿易有限公司

ISO-9001

AD page: 77

ZDI SUPPLIES (HAIYAN) CO., LTD.

Chipboard Screws/Drywall Screws/Roller / Chains/Self-drilling Screws/Construction Fasteners/Concrete Screws/Roofing Screws/Wing Nuts/Thread Rod/Eye Screws/ U Bolts/Drop-in Anchors

alex@zhongdasteel.com

www.zdifasteners.com

中達國際貿易（海鹽）有限公司 ISO-14001, OHSAS-18001, TÜV, CE, ISO-9001:2015

AD page: 75

YUYAO JINGTAO HARDWARE INDUSTRY CO., LTD.

Nylon Hammer Drive Anchor/Countersunk Head/Nylon Hammer Drive Anchor/ Cylinder Head/Screw Plugs/Self-Drill Plasterboard Plug/Wall Plug/Plastic Frame

Packers

rcarrie@jingtaohardware.com

www.chinajingtao.net

余姚市精韜五金工業有限公司

ISO-9001:2015

AD page: 20

ZHEJIANG EXCELLENT INDUSTRIES CO., LTD.

Wood Screws/Timber Structure Screws/ Thumb Screws/Tapping Screws/Self-sealing Screws/Self-Tapping Screws/Screws in Small Packs/Drywall Screws/Deck Screws/Coach Screws

fangx@excellenthardware.com

www.excellenthardware.com 浙江天開實業有限公司

CE, ISO-9001:2015, BSCI, CE 14592

YUYAO

XINTAI HARDWARE CO., LTD.

(XTANCHOR)

Masonry Screws/Mechanical Anchors/Light Duty Fixings/Screws/Fasteners

sales01@xtanchor.com

www.xtanchor.com

余姚市鑫泰五金有限公司

ISO-9001

AD page: 113

ZHEJIANG FUXIN HARDWARE CORP.

Fasteners/Stamping Parts/Long Nuts/Nylon Nuts/Flange Nuts/Swivel Nuts/Hex High Nuts/ Wheel Nuts/Slot Nuts/Round Nuts/Coil Nuts/ Shear Nuts/Hex Jam Nuts/Hex Nuts/Spring Channel Nuts/Plastic Channel Nuts/Pipe Clamp/Buckle Pad/Strengthen Lock Screw

sales@fuxinhardware.com

www.fuxinhardware.com

浙江富鑫五金科技股份有限公司

ISO-9001:2015

AD page: 53

ZHEJIANG HYSTRON AUTO PARTS CO., LTD.

4 Pronged T Nuts/Weld Nuts/Sleeve Nuts/Spacers/Special Nuts/Barrel Nuts/ Automotive Nuts/Flange Nuts/Hexagon Nuts/Knurled Nuts/Tee Nuts

chenzhen@hystron.com

www.hystron.com

浙江洪揚汽車零配件有限公司

IATF16949, ISO-9001:2015

AD page: 85

ZHEJIANG YICHEN HARDWARE CORP.

Carriage Bolts/Anchor Bolts/Hex Lag Screws/Hex Bolts/Hex Nuts/Washer & Nuts/Wood Screws/Hanger Screws/Eye Screws/Hot Embroidery Bolts/L Bolts/ Hanger Bolts Nuts/Fasten the Screw Nuts/ Rivet Nuts Gasket

jessie@yichenhardware.com www.yichenhardware.com 浙江亦宸五金科技股份有限公司 ISO-9001:2015

AD page: 89

ZHEJIANG MS TECHNOLOGY CO., LTD.

Garage Doorhardware

fanny@chn-ms.com

www.msscrew.com

浙江猛士科技股份有限公司

IATF16949, ISO-9001, ISO-14001

AD page: 59

ZHEJIANG RUIZHAO TECHNOLOGY CO., LTD.

All Kinds of Screws/Clip Nuts/Flange Nuts/ Automotive Screws/All Kinds of Nuts/ Square Nuts/Wheel Nuts/Cap Screws/ Chipboard Screws/Split Pins/U Nuts/ Automotive Nuts

snlon@wz-snlon.com www.wzsnlon.com

浙江瑞昭科技股份有限公司 IATF 16949, OHSAS-18001, ISO 14001

AD page: 47

ZHONG SHAN CITY CHEHAN

HARDWARE PRODUCTS CO., LTD.

Semi-tubular Rivets/SEMS Screws/Socket Set Screws/Forged and Stamped Parts/ Multi-stroke Special Screws & Bolts

james@chfastener.com

www.chfastener.com

中山市澄翰五金制品有限公司 ISO 9001