Hardware_Fastener_Components_65_E _Fastener_World_Hand_Tools_CNC_Auto_Parts

Low-polluting & Smarter! CTSP Inserts & Self-Clinching Fasteners

Chin Tai Sing Precision Manufactory (CTSP) is renowned in the automotive and electronic components market for its exceptional quality and high yield rates. Since its inception, the company has consistently upheld a commitment to high-quality and established stable customer relationships worldwide. As market demands evolve, CTSP continues to enhance its production capabilities and technological advancements to meet customer requirements for high-quality, low-polluting products.

Higher Capacity Level Over Industry Peers, AI Integration Under Planning

CTSP currently produces over 20 million units per month and has introduced advanced image measuring instruments, optical inspection machines, packaging equipment, etc. With a team of experienced technicians boasting over 20 years of expertise, the company effectively supervises production lines and addresses anomalies, demonstrating its ability to handle large orders from the world market. The company notes, "We are also pioneering the adoption of a ‘comprehensive batch management framework’, allowing customers to track order progress in real-time. We conduct regular internal audits and quality checks to ensure every production stage meets the highest standards." The company collaborates with clients to develop products that meet their needs, aiming to produce top-tier components with precision tolerances of ±0.01 mm or less. Plans are underway to incorporate AI and machine learning tools into the manufacturing process to establish demand forecasting and smart manufacturing.

Outstanding Quality, Low-Pollution Manufacturing Process

CTSP's product lineup includes diverse standard and special brass inserts, self-clinching fasteners and customized parts. Through rigorous quality control strategies and advanced processing techniques, the company strives for near-zero defect rates, achieving product quality that is not only a testament to its management but also a key to entering the global automotive and electronic component supply chain.

The company emphasizes, "Our standard and customized products as well as products in brass, iron, stainless steel, aluminum and other materials, have received high acclaim in the global high-end industry market. Our RoHS environmental certificate, ISO 9001:2015, and IATF 16949 certificates are significant endorsements of our quality management." As the EU's carbon tax is about to be implemented and global manufacturing moves toward net-zero, CTSP is actively integrating environmental awareness into its production lines, accelerating process upgrades, and providing PPAP documents, IMDS, or ISIR reports to ensure products meet environmental requirements. The company is actively seeking sustainable materials and optimizing production process to reduce energy consumption and waste, and has also completed carbon inventory to provide clients with CBAM data reports as it moves toward a low-carbon future.

Global Sales Network of 50 Countries

CTSP holds a solid position in the global market, having established partnerships with clients from 50 countries, with 80% of them from Europe and the U.S., and 20% from Asia. Additionally, the company will actively attend international exhibitions and will continue to offer innovative solutions to meet evolving demands in the automotive, aerospace, and renewable energy sectors.

CTSP stands out in Taiwan's manufacturing sector and has earned a good reputation internationally for exceptional quality, environmental awareness, efficiency, and innovation. It will continue to uphold customer-centric principles, enhance its competitiveness, and achieve greater growth and development in the future.

CTSP’s contact: General Manager Lee Email: inquiry@ctsp-insert.com.tw

EditorialIts the DecisionMaker That Counts Pay Close Attention to EU / US Policies

Recently, a print report claimed that Taiwanese fastener industry is going through a battle of survival like the one staged in S. Korea's “Squid Game” TV series and claimed that this industry, which has been in development for 60-70 years, and whose export scale once reached a new record high and crossed the NT$200 billion mark in 2022, and which once earned Taiwan the name of the “Kingdom of Fasteners”, is moving towards the irreversible road of destruction step by step. But is this really the case? Based on my long-term in-depth observation on fasteners and hardware components manufacturers from various sectors, such a conclusion may be too arbitrary on the one hand, and on the other hand, it also disregards the efforts of the majority of the industry to continue to develop in various aspects and accumulate competitive resilience.

Right Decisions Create Business Advantages

Survival of the fittest and elimination of the unfit is an unchanging truth in the market, and fluctuations in the economy are inevitable. It is normal for a few of companies to fail to compete in the market, and we should not generalize the conclusion that everyone is suffering. After all, there are still many successful cases in Taiwanese hardware components and fastener industries, such as those who remain in good conditions, have just celebrated their new factory launch/anniversary, or have achieved upgrade and transformation. Competition in the market is very realistic. With the government's limited resources and the desire to maximize the effectiveness of its investments, it is important to take the time to figure out where your strengths lie rather than waiting for the “savior” to come to your rescue at an unknown time. At this stage, Taiwanese companies are facing competition from China, Southeast Asia, Turkey, and even Mexican manufacturers from the far end of the globe, increasingly stringent environmental protection requirements, higher technological entry thresholds, smart factories, etc. Instead of short-sightedly joining the price-cutting war, it is better to quietly reflect on the extent of one's own capabilities, and think of ways to self-assist and fight for more niches through customized “upgrading and transformation” strategies in order to further create a differentiated advantage.

Upgrading and transformation can be done at any time if one is willing to do so. Business owners can assess their own situation and choose to start from the technical side or the management side. If possible, it is also a good idea to understand the actual needs of your customers and their future development trends to ensure that your upgrading and transformation plan does not run counter to your customers' ideas and is in line with their needs. Many industry veterans have also called on the hardware components and fastener industries not to ignore the impact of the pressure from “requiring Chinese and Taiwanese suppliers to set up factories overseas” and to accelerate upgrading and “avoid too close connection to Chinese supply chain” in investment and production as much as possible, so that they can do better than their foreign competitors and continue to focus on their main business in order to survive future challenges. TIFI Chairman has also once mentioned that if suppliers have the ability to skip overseas distributors and directly face customers, it is also a way to increase profits and create more orders. Perhaps this may be a bit of a hindrance to small OEMs that can only rely on traders or importers, but for other SMEs having their own ability to take orders and communicate internationally, I believe it's just a matter of doing it or not doing it. Of course, the industry has the right to choose not to do so, however, with the equipment and factories of competitors in China and Southeast Asia having long since kept pace with or even surpassed Taiwan's, and with the strong support of their governments, is there really any time left for Taiwanese suppliers to choose not to do? The fact that some manufacturers have already achieved a stage-by-stage transformation through upgrading is by no means a miracle; teamwork and correct decision-making are the keys. Like “Team Taiwan” winning the WSBC Premier 12 Championship in 2024, it was not only the cooperation among the team members and the right tactical choices, but also the concerted efforts of the whole team including coaches, trainers, team doctors, administrators, data analysts, and many other members of the team. So are the hardware components and fastener supply chains. In the early stages, they cooperated with each other to grow together and finally obtained customers’ affirmations in the international market. Although they encountered bumpy roads from time to time, the right decisions by their leaders have brought them to where they are today. You can choose to be a “sheep” and go the same way with others in the price-cutting war, or you can create your own niche and become the awe-inspiring “elephant”. The choice is different, and the outcome is bound to be very different.

Low-price Dumping May Lead to Backlash

The price cutting war for hardware components and fasteners is getting more fierce and fierce every year, especially as China continues to dump low-priced products to the world, and the situation is getting worse. Such a situation is also deeply felt by manufacturers in Europe, the U.S., Taiwan, Japan, and Southeast Asia, and they are deeply concerned about the vicious competition in the distribution channels. Because of this, many companies cannot but choose another battlefield to develop higher-end and more precision products to avoid direct competition. In order to reduce the damage caused by China's dumping of low-priced products, the U.S., Canada, Mexico, and other countries have imposed high import duties or AD duties on specific products from China (such as steel/aluminum products, EV, etc.). With the Chinese government still providing domestic fasteners with varying degrees of subsidies, it cannot be ruled out that more countries will announce more AD measures to Chinese fasteners in the future in order to prevent low-priced products from continuously causing substantial damage to their domestic industries. It is known that President Trump, who has just taken office, has also said that he will raise tariffs on more specific products from China.

In fact, it may not be necessarily to go down the road of low prices if Chinese suppliers want to fight for more market share, they can also choose to upgrade and transform. At present, we do see a few well-known Chinese fastener manufacturers are working in this direction. Otherwise, once the market price balance is destroyed, not only will it affect the sustainable development of their counterparts in other countries, but also make China's domestic low-price competition even more unmanageable and detrimental to themselves.

Audit Criteria to be Finalized in Yearend

On Jan. 1, 2026, CBAM will be formally implemented, and all those who fail to comply with the requirements or fail to provide true carbon emissions data for reporting will be penalized. It is understood that many EU importers have begun to take the implementation of carbon reduction measures as the basis for future evaluation of suppliers. Given that a high proportion of Taiwanese hardware components and fasteners are exported to the EU, it is all the more important to implement carbon reduction management. Because the EU has not yet established the complete CBAM declaration audit criteria, so manufacturers still have a little time to prepare, but there is already news that in Q3 2025 the EU audit mechanism and criteria will be finalized, which means by that time manufacturers who still do not meet the requirements will certainly be penalized. Manufacturers must pay special attention to this point.

Recovery Signs Have Appeared

According to the latest statistics from Taiwan Machine Tool & Accessory Builders' Association (TMBA) in Dec. 2024, Taiwan's exports of critical machine tool components for the full year of 2024 amounted to US$1.511 billion (an increase of 1.2% over the same period in 2023), while the total imports amounted to US$0.181 billion (also up 2.6% from the same period in 2023), indicating that the industry's supply and demand for machine tools and critical components have shown signs of recovery; in terms of hand tools, Taiwan’s annual export volume in 2024 reached about 140,000 tons, quite similar to the record in the same period of 2023 and the average price was 12.4 US$/kg. About 70% of the proportion were exported to the US, the EU and the UK. The EU market, in particular, showed a more significant growth; in addition, according to the latest import & export statistics from Taiwan Customs, Taiwan's fastener exports in the full year of 2024 amounted to about 1.25 million tons worldwide, which has slightly increased by 1.575% compared with the same period in 2023. Compared with the contraction of more than 24% in the same period of 2023, Taiwan's fastener exports have shown recovery and growth. On a continent-by-continent basis, the performance of exports to Europe in 2024 has recovered from a contraction of nearly 30% in the same period of 2023 to an increase of 1.537%; exports to N. America have returned to nearly 4% growth from a contraction of more than 23% in the same period of 2023; exports to Asia have recovered from a contraction of about 15% in the same period of 2023 to a single-digit contraction of merely 5%; and exports to S. America have also recovered from a contraction of over 42% in the same period of 2023 to a contraction of about 4.5%. This demonstrates that the demand for Taiwanese fasteners has recovered significantly across all continents.

Under such a development trend, several Taiwanese fastener industry veterans are optimistic about the performance of Taiwan's fastener exports in 2025. It can be said to be a great opportunity now for Taiwanese manufacturers to actively compete for orders. Other screws and bolts (HS Code 731815), nuts (HS Code 731816), self-tapping screws (HS Code 731814), other wood screws (HS Code 731812), and other iron and steel threaded articles (HS Code 731819), are especially suitable items to be focused on. However, the material cost is still a critical factor affecting the manufacturing cost of Taiwanese manufacturers. Some manufacturers have reflected that the wire quotations in Taiwan are about 30% higher than China's. If Taiwan CSC, the largest wire supplier in Taiwan, can assist manufacturers in fighting for more subsidies from the government, I believe it can definitely help them reduce more operating pressure. However, in light of the news of large-scale plant closures and layoffs by major European and U.S. car manufacturers such as VW and Ford, it is expected that the global automotive industry will not be in a better position than it was in 2024, and automotive fastener suppliers should be well-prepared for the situation and take countermeasures.

Finally, the tariff policies of Trump (who has been sworn in as US President this Jan.), the Russia-Ukraine war, the conflicts in the Middle East, and whether or not the central banks of many countries will adopt quantitative easing will continue to influence the development of the global industry, so hardware components and fasteners suppliers playing a fundamental role in supporting the development of various industries definitely have to pay close attention to the development of the situation in various countries.

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

Rungu EnterpriseCNC Machining with Micron-level Precision

Having exhibited its high-precision metal machined products at MSV International Engineering Fair, Techno Frontier, and many other international industrial exhibitions in Taiwan, Rungu Enterprise has nearly 30 years of skills and experience in lathe machining, and its products have been widely sold in Taiwan and several overseas markets. In addition to providing standoffs, fasteners, probes, pin parts, RF connectors, and many other precision CNC machined parts, Rungu also integrates threading, slotting, Phillips cutting, optical full inspection and laser engraving services, enabling it to fully satisfy customers' one-stop processing needs in terms of both “high efficiency” and “high quality”.

Order Flexibility & 1 Million Pcs Monthly Capacity

Most of Rungu's customers come from the electronic communication, medical equipment, automotive parts, machinery manufacturing and consumables manufacturing industries, of which 80% come from Taiwan, 20% from the U.S. and Japan, and some from European countries like Austria or Slovakia, who continue to cooperate with Rungu. In order to meet the changing demands of these middle to high-end customers for small-lot trial production and large-scale mass production, Rungu with an average monthly production of 1 million pcs can also flexibly adjust its capacity at any time, fully demonstrating its highly marketadaptable technology and services.

“The services we provide to customers, such as medical precision parts processing, 5G high-frequency connector manufacturing, or automotive lightweight fastener design, emphasize our leading position. In the future, we will accelerate the expansion of our global market and let more international customers know about our products and services, so as to realize the goal of market diversification and balanced development,” Rungu said.

Introducing Japanese Lathes and AOI

In order to provide customers with consistently high quality and precision machining technology, Rungu has been upgrading or introducing new equipment every few years. At present, it has many Japanese automatic Swiss-type/fixed head CNC lathes with micron-level precision, which can accurately process parts with an outside diameter up to 51mm and a length up to 500mm. In addition, in order to improve inspection

efficiency and accuracy, the automated optical inspection (AOI) system was introduced in 2023. Such stringent quality control from manufacturing to quality inspection ensures that each product meets the highest standards.

“High quality, good service and ontime delivery are our quality policies. Because of this, we once completed the development, trial production and mass production of 5G RF connectors for a leading Japanese company within 3 months, which testifies that our efficiency and quality have been both recognized by customers,” Rungu added.

Eco-friendly and Low Carbon Product Lines for Expanding into European Market

Rungu, which has been ISO 9001 and D&B D-U-N-S certified, has been actively joining carbon reduction with other companies in recent years in response to the EU CBAM. Not only are its products RoHS and REACH compliant, but it has also introduced oil-mist recycling equipment, optimized manufacturing processes, improved material utilization, and reduced energy and waste to reduce the impact on the environment. It is also considering applying for the ISO 14001 environmental management system certification, demonstrating its strong commitment to environmental protection and sustainable development. With the goal of strengthening its European presence in 2025, Rungu will focus on developing the German CNC parts and RF connectors market, hoping to help customers face cost pressures and supply chain challenges, as well as providing customized solutions that integrate Industry 4.0 and EV requirements.

“We will continue to focus on innovation and quality improvement in precision machining technology, expanding our global market to meet the diverse needs of customers, and contributing to the sustainable development of the environment,” Rungu said.

Rungu is going to exhibit at Hannover Messe (dates: 03/31-04/04, 2025) and your visit is sincerely welcomed.

Rungu’s contact: Ms. Sylvia Lin Email: rungu01@rungu.com.tw

Hardware Innovation Alley

五金新品大道

Compiled by Fastener World

Cordless Nut Runner N1B1 N1B1無線螺帽扳手

Lobtex launched the cordless nut runner "N1B1" on December 2, 2024. This product can fasten over 1,000 blind nuts on a single full charge and features a digital stroke adjustment function for easy customization. It is compatible with M3 to M10 blind nuts and enhances on-site work efficiency due to its cordless design.

Product Features:

• Cordless design allows for use in any location.

• Can fasten over 1,000 blind nuts on a full charge.

• Easy adjustment with digital stroke adjustment function (saving up to 10 data settings).

• Includes a screw damage prevention feature (excluding M3 and M4).

• Simple construction of a foolproof system.

EH2-R4002-SC High-speed Hand Nutrunner

EH2-R4002-SC高速螺帽扭力工具

Estic Corporation is launching the "EH2-R4002-SC," a high-speed hand nutrunner for robots that accommodates a tightening torque range of 0.2 to 2.0 N m. Capable of achieving high-speed tightening at up to 2,543 rpm, this tool features a compact design, making it ideal for automating tightening processes. Previously, Estic has provided a series of "hand nutrunners for robots" to meet the automation needs in tightening processes. The introduction of "EH2-R4002-SC" makes it possible to cover a lower torque range.

Innovative Hot-dip Galvanized Screw for Solar Structures

適用於太陽能專案的創新熱鍍鋅螺絲

The hot-dip galvanized ground screw by Elementos de Sujeción Galvanizados is an innovative solution designed specifically for the renewable energy sector, providing robust and efficient support for the solar structures.

It is a metal structure with propellers and can be installed directly in the ground without the need for excavation or concrete foundations. The screw nails easily into the ground. This considerably reduces installation time and cost. Thanks to its design, it offers maximum stability and strength ideal for supporting solar panels and other light infrastructure.

Features:

• Hot dip galvanizing: It is coated by a hot-dip galvanization process, which guarantees durability, corrosion protection even in extreme climatic conditions, prolonging service life.

• Quick and easy installation: No heavy machinery or complex processes required. This makes it an ideal choice for solar energy projects looking for agile installation.

• Environmentally friendly: No traditional foundations are required, thus avoiding the use of concrete and reducing environmental impact.

• High strength and durability: Designed to withstand heavy loads, providing longterm security and stability for solar structures.

• Versatility in the field: It works efficiently on different types of soils, from soft to more compacted soils.

Rechargeable LED Light Pickup Tool

充電式LED照明拾取工具

KTC has launched a "Rechargeable LED Light Pickup Tool" (AL817) designed to illuminate work areas while picking up small screws and parts.

Product Features:

1. The light's tip can be extended and is adjustable. Use the tip at your preferred angle.

2. The tip of the light includes a magnet (lifting capacity of approximately 1 kg), allowing it to pick up small screws and parts. It can also be fixed to walls or cabinets using the bottom magnet.

Digital Torque Wrench Memoruk PRO

數位扭力扳手Memoruk PRO

KTC announced the launch of its new digital torque wrench, Memoruk PRO, released in December 2024. This innovative tool aims to transform torque management into a comprehensive work management system without altering existing workflows. Memoruk PRO features advanced sensing technology that notifies users through sound, light, and vibration when the desired torque is achieved, significantly reducing errors associated with manual operations.

As industries increasingly automate production processes, KTC recognizes the need for enhanced safety and efficiency in manual tasks, particularly in sectors like aerospace and rail. Memoruk PRO addresses common issues such as incorrect torque settings and miscommunication of work instructions. By integrating real-time data transmission with management software, KTC aims to improve work quality and user safety while boosting overall customer satisfaction. The product lineup includes 23 variants tailored for various torque measurement needs.

The Shallowest C2 Seismic Concrete Bolt in Australia

來自澳洲鑽孔深度最淺的C2抗震混凝土螺栓

Seismic design adds complexity and cost. ICCONS® has developed the shallowest C2 seismic concrete Screw-Bolt in Australia, making installation easier for engineers and contractors alike.

• 8 x 55MM Bolt: Significantly lower cost than other typical C2 approved anchors

• 60mm Drill depth: Reduced drill-time and incidence of hitting reinforcing bar resulting in less machine and accessory wear

• 50mm Embedment: Labor saving through rapid installation

• 5mm Max. Fixture Thickness: Suitable for countless C2 Seismic applications

AD page: 27

A-CORN ENTERPRISES CO., LTD.

CNC Lathe Machined / CNC Milling Machined / CNC Small Machining / CNC Precision Machining / Investment Casting Parts / (MIM) / Cold & Hot Forging Parts / Powder Metallurgical Parts / Precision Stamping Parts / Military Parts www.a-corn999.com sales@a-corn999.com

雅冠企業有限公司 ISO-9001, ISO/TS-16949

AD page: 71

AIMREACH ENTERPRISES CO., LTD.

Drywall Screws, Bi-Metal Screws, Self-Drilling Screws, Chipboard Screws, Wood Screws , Self Tapping Screws, Thread Forming Screws, Roofing Screws, Stainless Steel Screws, PVC Screws, Metric Screws, Automotive Parts www.aimreachfasteners.com sales@aimreachfasteners.com

盛融企業有限公司  ISO-9001:2015, EN 14566, EN14592

AD page: 28

A-KRAFT TOOLS

MANUFACTURING CO., LTD.

Sockets / Ratchet Handles / Wrenches/spanners In General / Screwdrivers / Auto Repair Accessories / Other Hardware Equipment / Accessories / Products / Hand Tools / Hand Tools In General / Ratchet Screwdrivers / Wrench Sets / Socket Wrench Sets & Sockets / Open-end Wrenches www.akraft.com.tw info@akraft.com.tw

磯慶實業股份有限公司

ISO-9001:2015, D&B D-U-N-S, TÜV

AD page: 136

ALISHAN INTERNATIONAL GROUP CO., LTD.

T-head or T-slot Bolts / Wing Nuts / Eye Screws / Special Nuts / Special Rivets / Automotive & Motorcycle Special Screws & Bolts / Turning Parts / Bits / Hex Keys / Screwdrivers / Nut Setters / T-handlebar wrenches / Safety Hooks / Aluminum Carabiners www.shun-den.com.tw shunden@seed.net.tw

奧立康國際股份有限公司 ISO-9001:2015

AD page: 26

BESTAI ENTERPRISE CO., LTD.

Precision Metal Parts / Forged And Stamped Parts / Automotive Parts / CNC parts, CNC lathe / Special Cold / Hot Forming Parts / Custom Bolts / Hexagon Head Bolts / All Kinds of Screws / Customized Special Screws / Bolts / Brass & Bronze Screws / Stainless Steel www.bestai.com.tw sales@bestai.com.tw

天裕峰實業有限公司 ISO-9001

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CELEBRITE FASTENERS CO., LTD.

Self-Tapping Screws / Self-drilling Screws / Roofing Screws / Carbon Steel Screws / High Strength Stainless Steel Screws / SEMS Screws / Wing Screws / Construction Fasteners / Concrete Screws / Drywall Screws / All Kinds of Nuts www.celebritefasteners.com jcsales@celebritefasteners.com

曜維貿易有限公司

CE, ISO-9001

AD page: 25

CHANG LI TAI CO., LTD.

Precision Auto Parts, Machined ComponentsTurning Parts, Precision Shaft, Precision Milling Parts, Electronic Components, Precision Medical Parts, Pneumatic Fittings, Brass Fittings, Brass Ball Valves, Hose Fittings, Plumbing Fittings, Gas Fittings, Hydraulic Fittings, Screw Machined Parts, CNC Machined Parts, CNC Turned Parts www.brassvalve.com.tw sales@brassvalve.com.tw

長利泰實業有限公司 ISO-9001

CHENG HENG INDUSTRIAL CO.,

LTD.

Hose Clamps, Hose Clips, Stainless Steel Cable Ties, Banding Strap, Band Strapping, Stainless Steel Buckles, Banding Tools, Steel Strap Tensioners, V Band Clamps, CV Boot Clamps, Ear Clamps, Stepless Clamps, Heavy Duty Clamps, Flange Clamps, Pipe Clamps, Tube Clamps www.hoseclamp.com.tw hose.clamp@msa.hinet.net

成亨工業股份有限公司  ISO-9001

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CHIAO CHANG

PNEUMATIC TOOL CORP.

Blind Nuts / Rivet Nuts / Rivets / Air Tools General / Air Shears / Pneumatic Hand Tools In General / Hand Tools In General / Hand Rivet Tools, Hand Rivet Nut/Rivet Bolt Tools, Air Hydraulic Rivet / Rivet Nut Tools / Cutting Tools In General / Cordless Power Tools / Powered Tools In General / Auto Repair Tools www.ccptool.com info@ccp-tw.com.tw

喬章實業股份有限公司  CE, ISO-9001, TÜV, D&B D-U-N-S

AD page: 32

CHIEH LING SCREWS

ENTERPRISE CO., LTD.

Hex-key Wrenches / L-bend

Socket Wrenches / Alloy Steel

Screws / A2 Cap Screw / Button

Head Cap Screws / Button Head

Socket Cap Screws / Torx Drive

System Screws / Flat Head &

Socket Head Cap Screws / High

Strength Stainless Steel Screws / Multi-stage Screw & Parts / Multi-strokes Special Screws / Bolts / Special Nuts

www.jhiehling.com

jhieh.ling@msa.hinet.net

捷領螺絲興業股份

有限公司 ISO-9001

AD page: 12

CHIN TAI SING PRECISION

MANUFACTORY

Brass Insert, Machining Part, Turning Part, CNC, Assembly Part, Components, Selfclinching Nuts

www.ctsp-insert.com.tw inquiry@ctsp-insert.com.tw

金泰興精密緊固有限公司 ISO-9001, IATF16949

AD page: 140

CHITE ENTERPRISES CO., LTD.

Chipboard Screws, Tapping Screws, SelfDrilling Screws, Drywall Screws, All Kinds of Screws, Stamping Parts, Machining Parts, Multi-Strokes Special Fasteners, Customized Special Fasteners, Vietnam Made Screws

www.chite.com.tw bill@chite.com.tw

尚余企業股份有限公司

ISO-9001, ISO/IEC-17025, ISO-14001, ISO-45001

惠達雜誌

CHUN CHAN TECH CO., LTD.

Screw Optical Sorting Machine, Nut Optical Sorting Machine, Brass Sorting Machine, Eddy Current Sorting Machine, Pin/ Shaft Sorting Machine, Rapid Measurement Instrument, Robot Optical Sorting Machine / Thread Finder Machine (GO/NO-GO) www.cctech.com.tw cct.com@msa.hinet.net

浚展科技股份有限公司 CE, ISO-9001, TÜV

AD page: 33

CYUN HONG ENTERPRISE CO., LTD.

Industrial-use Wheels / Wheelbarrows / Door Hinges / Handles / Rollers, Wheels www.chcaster.com ch.casters@gmail.com

群弘興業有限公司

AD page: 79

DIAMANT INDUSTRIAL CO., LTD.

Bits & Bit Sets / Screwdriver Bits / Sockets / Anti-slip Impact Sockets www.diamantindustrial.com

diamantind@gmail.com

德曼實業有限公司

AD page: 46

DUNFA INTERNATIONAL CO., LTD.

AUTOMOTIVE PARTS / COLD FORGING PRODUCTS / BUSHINGS / TOW TUBE / COLLAR / SPACER / TURNING PARTS www.dunfa.com.tw nicole@dunfa.com.tw

敦發國際貿易股份有限公司 IATF16949, ISO-9001

ELE SHINE METAL INDUSTRIAL CO., LTD.

Customized CNC Processing Services, Aluminum Parts, Iron Parts, Steel Parts, Copper Parts www.ele-shine.com.tw ele.shine@msa.hinet.net

益祥金屬工業有限公司 ISO-9001

EVER-TOP HARDWARE

CORP.

Automotive Nuts / Castle Nuts / Flange Nuts / Heavy Nuts / Tee Or T Nuts / Weld Nuts / Spacers / Cold Forged Nuts / Acme Nuts / Special Nuts www.evertop-nut.com ethc@evertop-nut.com

祥頂實業股份有限公司  IATF16949, ISO-9001

AD page: 15

GREAT BEAR ENTERPRISE CORPORATION

Mechanical Parts / Electronic Parts / Hydraulic Components / Automotive Parts / Assembly Captive Screws / Locating Pins

www.greatbearhardware.com gbec@ms12.hinet.net

宏松事業股份有限公司 ISO-9001:2015, IAS

AD page: 77

HAI YUAN CHANG HSING KUNG TECHNOLOGY CO., LTD. 2-die 4-blow Cold Forging, Precision Screw & Rivet, Hardware Parts & Fasteners www.fastener-world.com/en/ supplier/haiyuanchang hiyen.changh@msa.hinet.net

海源彰興工科技有限公司

AD page: 75

HAN CHI INDUSTRIAL

CO., LTD.

Eye Bolts, SUS Eye Bolts, Eye Nuts (Material: C1017, C1020, SS41, SUS 304), American Shoulder BS Standard Eye Bolts, DIN 580 Standard Eye Bolts and Nuts, Safety Washers www.han-chi.com.tw hc541@ms26.hinet.net

暵記實業有限公司 ISO-9001

HARPOR CO., LTD.

Special Screws & Bolts / Sems Screws / Security Screws / Special Nuts / Lock Nuts / Rivets / Machining Parts / Stamping Parts / Industrial Parts / Customized Parts by Drawings / Tools & Bits Sets / One-stop Purchasing Services www.harpor-tw.com mike@harpor-tw.com

浩泊有限公司

惠達雜誌

AD page: 5

HOMEEASE INDUSTRIAL CO., LTD.

Caulking Guns / Glue Guns / Powered Tools in General / Electronic Repair Kits / Pneumatic Hand Tools in General / Woodworking Tools in General / Products for Decoration / Tools / Building Tools / Furniture Fittings / Auto Repair Tools / Lighting Fixtures / Tool Kits / Auto Carton Forming Machine-hot Melt Glue Type / Stapler Type www.homeease.com.tw homeease@homeease.com.tw

宏鎰工業股份有限公司 CE, TÜV, ISO-9001:2015

HONG FU METAL INDUSTRIAL

CO., LTD.

Buy and Sell Used Fastener Machinery / Cold Header / Nut Formers / Screw (Bolt) Formers / Assembly Machine / Heading Machine www.fastener-machine.com hongfu1688@gmail.com

鴻富金屬工業有限公司

AD page: 81

HONG SHEN INDUSTRIAL CO., LTD.

CNC Parts, CNC Lathe CNC Machining Parts hongshen-cnc.com do6mp6@gmail.com

宏紳工業有限公司

AD page: 125

HOSHENG PRECISION HARDWARE CO., LTD.

Stainless Steel / Brass & Bronze Screws / Phospher Bronze / Copper / Aluminum Material / A2 Cap Screw / All Kinds of Screws / Automotive Screws / Double Lead Thread Screws / Double-head Screws / Bolts / Lefthand Screws / Self-Tapping Screws www.hosheng.com.tw eilly2004@yahoo.com.tw

和昇工業社

AD page: 67

HSIAN JI BEARING CO., LTD.

Plastic Bearing, Thrust Bearing, Stamping Bearing, Slide Bearing, Ball Bearing, Special Bearing, Non-Standard Bearing www.hsianji.com hsianji@ms81.hinet.net

祥益軸承有限公司

AD page: 61

HSIN HUANG SPRING INDUSTRY CO., LTD.

1. All kinds of springs

2. All kinds of business card holders

3. Gifts and various thread processing

4. Clips

5. Wire Forms

6. Roller-type Painting & Coating for Customers www.sinhuang.com.tw ornament@ms51.hinet.net

信皇彈簧工業社

AD page: 23

HWAGUO INDUSTRIAL FASTENERS CO., LTD.

Spring Pins / Cage Nuts / U Nuts / Retaining Ring / Rivets / Lock Washers / Clip Nuts / Blind Nuts / Rivet Nuts / Multi-die Forming Fasteners / Cap Nuts / Special Washers / Springs www.hwaguo.com sales@hwaguo.com

華國五金有限公司 ISO-9001, TÜV

IOU GOOD JYI INDUSTRY CO., LTD.

Special Nuts / Special Screws / Precision Metal Parts / CNC Parts, CNC Lathe / Hydraulic Valves / Hydraulic Components / Machine Parts / Automotive Parts / Special Parts

www.igj.com.tw/en/ igj.ltd@msa.hinet.net

優吉工業有限公司  ISO-9001, ISO-9001:2015

J. T. FASTENERS SUPPLY CO., LTD.

Rivet Nuts/Blind Rivet Nuts/Plus Nuts/Blind

Rivet Studs, Stamped Parts, Special Nuts, Automotive Special Screws/Bolts, SelfClinching Nuts, Self-Clinching Studs, Brass Insert, Machining Parts www.jtfasteners.com.tw info@jtfasteners.com.tw

金祐昇實業有限公司

D&B D-U-N-S, ISO-9001:2015

AD page: 138

JIH HSIN KUN SCREW CO., LTD.

Sockets / Magnetic tools / Special Screws / Automotive Parts

www.jhk-screws.com.tw service@jhk-screws.com.tw

日新崑螺絲有限公司 ISO-9001

AD page: 4

JGB INDUSTRIAL INC.

Precision Metal Parts / Shoulder Screws / Dowel Pins / Thumb Screws / Thumb Nuts / Brass Insert / Turning Parts / Milled Bolts / Milled Nuts / Special Cold/Hot Forming Parts

www.jgb.tw info@jgb.tw

金城工業有限公司

ISO-9001:2015

惠達雜誌

JIN SHIN CHYUAN

INDUSTRY CO., LTD.

Clinch Nuts / Dome Nuts / Hexagon Nuts / Hexagon

Head Cap Screws / Brass & Bronze Screws / Carbon Steel / Fastener Kits / Bushes / Turning Parts / Bushing / Automotive & Motorcycle Special Screws / Bolts / Carbon Steel Screws

www.jinsc.com.tw

jam@jinsc.com.tw

金欣全精密工業股份 有限公司 ISO-9001

AD page: 34

JIN TA TRADING CO., LTD.

Special Nuts

www.fastener-world.com/en/ supplier/jinta fooh.ming@msa.hinet.net

金達貿易有限公司

AD page: 7

KAI SUH SUH ENTERPRISE CO., LTD. (KSS)

Cable Ties / Wire/Cable Clamps / Bushing / Tubes / Frame Plugs & Screws / Terminal Pins www.kss.com.tw kss@mail.kss.com.tw

凱士士企業股份有限公司

CE, ISO-14001, ISO-9001, ISO-45001, IATF16949, ISO/IEC-17025, UL, CSA, VDE, DNV.GL, LR, ABS, IP68, RoHS

AD page: 39

KAN GOOD ENTERPRISE CO., LTD.

Screw Pack Bags / Machine Screws / Tapping Screws / Set Screws / Long Nuts / Brass Nuts / Post Studs & Studs / Standoffs / Hex Allen Wrench / Pins & Spring Pins / Split Lock Washers / Threaded Rods / Smooth Rods / Springs / Forging Parts / Stamping Parts / Plastic Injection Parts / All Sorts of Special Fasteners for Home & Hardware / Construction and Automotive Industries www.kangoodco.com kangood.co@msa.hinet.net

鋼固企業股份有限公司 ISO-9001:2015

惠達雜誌

AD page: 50

KANON PRECISION CO., LTD.

CNC Machining Parts, Precision CNC Machining Parts, Spacer, Connector, Shaft, Pin

www.kanonprecision.com kanon@kanonprecision.com

鉅創國際五金有限公司 ISO-9001:2015

KAY-TAI FASTENERS INDUSTRIAL CO., LTD.

KD Fittings / Quick Fit Dowels / HI-LO Screws / Chipboard Screws / Euro Screws / Confirmat Screws / 5/32" Screws / Bits / Bit Holders / Drive Socket / Furniture

Hardware / CNC Parts www.fastener-world.com/en/ supplier/kay-tai

keti.jo12772656@gmail.com

鍇泰工業有限公司 ISO-9001

KING YUAN DAR METAL ENTERPRISE CO., LTD.

Heat Treatment Furnace, Vibratory Finishing

kingyuandar.com

kyd_contact@kingyuandar.com

金元達金屬股份有限公司

AD page: 19

KINGBOLT METAL CO., LTD.

Steel (or Stainless Steel) Stamping/Pressing Assembling Parts, Hardware Products www.kingboltco.com.tw kingbolt.tw@gmail.com

金才寶五金有限公司

AD page: 29

KUENYUEH INDUSTRIAL CO., LTD.

Square and Round Tube Connector, Square and Round Tube Adaptor, Spring Snap and Special Nuts

www.kuenyueh.com.tw sales@kuenyueh.com.tw

崑岳工業有限公司

惠達雜誌

AD page: 37

LENCO ENTERPRISES

CO., LTD.

Sintered Powder Metal Parts, Titanium Fasteners, Nuts, Washer, Screws, Bolts, Machined Parts Gear Box, Locks Parts, Hardware Parts, Power / Pneumatic / Hand Tool Parts www.lenco.com.tw lenco1689@lenco.com.tw

連鴻企業股份有限公司 ISO-9001, ISO-14001

AD page: 65

LI YUN MACHINERY CO., LTD.

Hot Dip Galvanizing, Dip Spin Line, Mechanical Galvanizing

www.lydsauto.com.tw

lydsauto@ms54.hinet.net

利運機械股份有限公司

AD page: 35

MATPRO SEIKI CO., LTD.

Specializing in CNC MultiLathe and CNC Milling Machine Manufacturers.

Plastic Injection, Cold Forging, Stamping, Die-casting, Powder Metallurgy, Secondary Turning, Heat Treatment, Surface Treatment, Special Packaging, etc.

www.matpro.com.tw

steven-pai@matpro.com.tw

旺鋐精密開發有限公司 ISO-9001

AD page: 73

MENG RUI CO., LTD.

Hand Tools / Hand Tool Kits / Socket Bits / Sockets / Hand Tools In General / Hardwares / Powered Tools In General www.bit-holder.com.tw mrcl.w7069@msa.hinet.net

孟銳有限公司 ISO-9001

NCG TOOLS INDUSTRY CO., LTD.

Blind Rivets / Tool Kits / Blind Rivet Studs / Anchors / Plastic Rivets / Blind Nuts / Rivet Nuts / Hand Tools / Riveters / Riveting Pliers / Riveting Tools

www.ncgtools.com ncg@ncgtools.com

昶彰工業股份有限公司  ISO-9001

AD page: 45 NEW START CORP.

Building Materials & Hardware Parts, Fasteners, CNC Parts, Industrial & Garden Tools www.fastener-world.com/en/ supplier/newstart dicon.wang@msa.hinet.net russia.wang@hotmail.com

新道有限公司

AD page: 21

NINGBO (VIETNAM)

KING MOUNT CO., LTD.

Hex-key Wrenches / Ratchet Screwdrivers / Screwdrivers / Bit & Bits Sets / Bicycle Repair Tools

www.kmount-tools.com sales@kmount.com

寧波(越南)金山行五金有限 公司 ISO-9001

AD page: 16

NOVUMTEC EURASIAN ASSOCIATED CO.

Sockets / Bits / Screwdriver Bits

www.gfb.com.tw

box@gfb.com.tw 歐邦貿易股份有限公司

AD page: 90

PAR EXCELLENCE INDUSTRIAL CO., LTD.

Grooved Pins / Bonded Washers / Flat Washers / Tubular Rivets / Prevailing Torque Nuts / Metric or Inch Screws or Bolts or Nuts / Screws or Nuts PER PRINT in Alloyed Steel or Stainless Steel, Aluminum or Brass Button Head Cap Screws, Turning/CNC Parts www.parexcel.com.tw par@parexcel.com.tw

拔利貿易有限公司 ISO-9001:2015

AD page: 69

POINT SCREW ENTERPRISE CO., LTD.

We mainly produce Screws/Bolts, Turning Parts, Special Items and Various Fasteners used in Automotive Industry and Electronic Industry. www.pointscrew.com sales@pointscrew.com

鑫笙企業有限公司 ISO-9001:2015

惠達雜誌

PRIMERA TECHNOLOGY CO., LTD.

Clips, Clamps, Springs, Wire Forms, Retainers, SMD Spring Contact www.ptc.com.tw info@ppctw.com

普力美科技有限公司 IATF16949, ISO-9001

AD page: 51

RAH ALLIANCE CO., LTD.

SEMS Screws / Precision Electronic Screws / Spacers / CNC Machining Parts www.rah-alliance.com sales@rah-alliance.com

曜賢企業有限公司 ISO-9001

AD page: 30

RAY FU ENTERPRISE CO., LTD.

Roofing Screws / Self-drilling Screws / Machine Screws / Twinfast Woodscrews / Deck Screws / Triangular Thread Screws / Hexagon Head

Cap Screws / Automotive & Motorcycle Special Screws / Bolts / TEK Screws / Tapping Screws / Bi-metal Screw / Customized Special Screws www.ray-fu.com export@ray-fu.com

瑞滬企業股份有限公司 CE, ETA, IATF16949, ISO-14001, ISO-9001, AS 9100D, TAF, CE 14566, CE 14592, D&B D-U-N-S, ISO 14064-1

AD page: 10

REXLEN CORP.

Rivets / CNC Parts, CNC Lathe / Forged and Stamped Parts / Injection Molding Machine Screws / A193 B7 Screws / Clinch Stud/Nut, Customized Special Screws, Customized Bolts/ Nuts, Auto Parts, Bolts & Studs, Castings, Custom Parts, Nuts, Rubber & Injection-Molded Plastic Components, Screws, Stampings, Safe Components www.rexlen.com.tw rexlen@rexlen.com.tw

連宜股份有限公司 ISO-9001, TAF

AD page: 47

RONG YIH JIANG ENTERPRISE CO., LTD.

Nut Setters / Bits / Commutators/Adapters / Nut Drivers / Shafts, Couplings, Keys and Clutches / Screwdrivers www.rongyih.com service@rongyih.com

嶸鎰企業有限公司 ISO-9001:2015

AD page: 41

RUNGU ENTERPRISE CO., LTD.

CNC Turning Parts, Standoffs, Spacers, D-SUB Parts, PINs, Rivets & Nuts, OEM & ODM Fastener www.standoffs-tw.com rungu01@rungu.com.tw

潤鼓企業股份有限公司 ISO-9001

AD page: 31

SHANGHAI SCREWTOOL INDUSTRIAL CO., LTD.

Customized Special Screws / Precision Electronic Screws / Plastite Screws / Taptite Screws / Thread Rolling Screws / Thread Cutting Screws / Bi-metal Selfdrilling Screws / Precious Metal Screws / Miniature Precision Screws / SEMS Screws / Captive Screws / Set Screws www.shscrewtool.com info@shscrewtool.com CE 14566, CE 14592, CE

SHARPPRO FASTENER INDUSTRIAL CO., LTD.

Stainless Steel Screws / Stainless Steel Pins / Brass Screws / Brass Pins / Copper Screws / Copper Pins / Aluminum Screws / Aluminum Pins / Adjusting Screws / Head Light Screws / Double Ended Screws / Special Pins www.sharppro.com.tw service@sharppro.com.tw

千譯扣件工業有限公司 ISO-9001:2015

AD page: 22

SHAW GUANG ENTERPRISE CO., LTD.

Nylon Nuts With Conical Washers / Kep Nuts / Conical Washer Nuts / Hex Nuts With Conical Washers www.shawguang.com.tw tom.huang@shawguang.com.tw

紹光實業有限公司 IATF16949, ISO-9001:2015

AD page: 2

SHEH KAI PRECISION CO., LTD.

Bi-metal Self-drilling Screws / Bi-metal Screw / Bi-metal Concrete Screw Anchors / Screw Anchors / Self-drilling Screws / Stainless Steel Wire & Rod / Construction Fasteners / Self-Tapping Screws / Wing Screws / Roofing Screws / Concrete Screws / Multi-stage Screw & Parts / Concrete Drill Bit /Hammer Drill Bit www.shehkai.com info@shehkai.com.tw

世鎧精密股份有限公司 CE, ETA, ISO-14001, ISO-9001, ICC-ES

惠達雜誌

AD page: 106

SHI GANG ENTERPRISE CO., LTD.

Hand Tools / Other Hardware Equipment / Accessories / Products / Wire/Cable Clamps / Cable Ties / Cable-tie Tensioning Tools

www.pengkang.com.tw andy3472818@hotmail.com

仕掆企業有限公司

AD page: 43

SHINN RUNG CO., LTD.

Self-drilling Screws / Sheet Metal Screws / Collated Screws / Thread Forming Screws / Drywall Screws / Chipboard Screws / Machine Screws / Furniture Screws / Stainless Steel Screws www.shinnrung.com sr@shinnrung.com

信榮螺絲企業股份有限公司 ISO-9001:2015, CE 14566, CE 14592

AD page: 85

SHOU LONG PRECISION INDUSTRIAL CO., LTD.

Metal Stampings / Retaining Rings / Circlips / Speed Nuts / U Nuts / Tooth Washers / Lock Washers / Self-locking Nuts / Plate Nuts / E-Clips / Snap Rings / Push-On Nuts

www.shoulong.com.tw sales3@shoulong.com.tw

碩隆精密工業股份有限公司 TÜV, ISO 9001:2015, ISO 50001, ISO 14064-1

AD page: 137

SHUN DEN IRON WORKS CO., LTD.

Bits / Hex Keys / Screwdrivers / Nut Setters / T-handlebar wrenches / Safety Hooks / Aluminum Carabiners / T-head or T-slot Bolts / Wing Nuts / Automotive & Motorcycle Special Screws & Bolts / Eye Screws / Special Nuts / Special Rivets / Turning Parts www.shun-den.com.tw shunden@seed.net.tw

順典鐵工廠股份有限公司

ISO-9001:2015

AD page: 59

SOGA INDUSTRIAL CORP.

Brass Insert / Special Nuts / Small Nuts www.fastener-world.com/en/supplier/soga soga36@gmail.com

首嘉有限公司

惠達雜誌

AD page: 8 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 www.srcrivet.com srcrivet@ms12.hinet.net

恆昭企業股份有限公司 ISO-9001

SUN CHEN FASTENERS

INC.,

Standard & Customized Screws / Bolts / Nuts, Nails, Stamped Parts, CNC Parts, Assembly Parts, Hardware www.sunchen-fasteners.com sales@sunchen-fasteners.com

展鴻鑫股份有限公司

AD page: 6

SUNCO INDUSTRIES CO., LTD. (JAPAN)

A2 Cap Screw / Cap Screws / Socket Set Screws / Special Screws / Screws in Small Packs / Security Screws / Precious Metal Screws / Plastite Screws / Selflocking Screws / Hexagon Nuts / Hex Nuts With Conical Washers / Nylon Cap Insert Lock Nuts / Metric Fasteners / Sems Screws / Screws with Washers www.jisscrew.com export@sunco.co.jp ISO-9001:2015, ISO-14001

SUPERIOR QUALITY FASTENER

CO., LTD.

Heavy Nuts / Flange Screws / Hexagon Head

Cap Screws / Weld Screws / Hexagon Nuts / Automotive Screws / Automotive Nuts / Tubes / T-head Or T-slot Bolts / Construction Bolts / U Bolts / Weld Nuts www.sqf.com.tw sqf@sqf.com.tw

鑫程椿股份有限公司

IATF16949, ISO-9001, ISO-14001, CE 14566, CE 14592

AD page: 99

TAIWAN KODAI CO., LTD.

Brass & Bronze Screws / Turning Parts / Metal Injection / Sinter Parts / Aluminum Material / CNC Parts, CNC Lathe / All Kinds of Nuts / Die Casting / Sintered Powder Metal Parts / Precision Stamped Accessories / Air Tools General / Precision Metal Parts www.kodai.com.tw sales@kodai.com.tw

台灣向大企業有限公司  ISO-9001

惠達雜誌

AD page: 18

TANGIBLE IND. CO., LTD.

Staple Guns

Stapler www.tangible.com.tw richard@tangible.com.tw

天昌工業股份有限公司

AD page: 48

WAY WIN TOOLS TRADE COMPANY

Socket Wrench Sets & Sockets / Ratchet Box Wrenches / Torque Wrenches / Auto Repair Tools / Auto Repair Accessories / Ratchet Tiedowns / Grease Guns and Fittings / Bungee Cords / Blind Rivet Studs / Woodworking Tools In General / Air Tools General / Electronic Repair Kits, Fastener & Fastener Tools, Non Slip Socket, Screws, Power Tools Accessories, Wrenches, Vehicle Repair Tools, Pliers, Hex-Key Wrench, Clamps, Cutters, Vise www.waywintools.com waywintoolsk@gmail.com

唯勝貿易有限公司

AD page: 49

WEH SHENG PRECISION INDUSTRY CO., LTD.

Blind Nuts / Rivet Nuts / Hex Stand-off / Automotive Screws / Turning Parts / CNC Machining Parts / Aluminum Material / Precision Metal Parts / Carbon Steel Screws / All Kinds of Screws / Aluminum Nuts / Brass Insert / Brass & Bronze Nuts Brass

www.wehsheng.com sales@wehsheng.com

瑋生精業有限公司 ISO-9001:2015

AD page: 20

WEIMENG METAL PRODUCTS

CO., LTD.

Forged and Stamped Parts / CNC Machining Parts / Special Cold / Hot Forming Parts

www.weimong.net info-tw1@weimong.net

偉盟五金制品有限公司 ISO-9001:2015, IATF16949

WOODFOX TOOLS CO., LTD.

Woodworking Tools / Pocket Hole Jig / Pocket Hole Screws / Drill Drive Bit / Concealed Hinge Jig / Deck Tool / Deck Jig / Deck Screws / Panel Carrier / Drill Guide / Drill Jig

www.woodfox-tools.com woodfoxtool@gmail.com

德冠工業有限公司 ISO-9001:2015, SMETA

AD page: 83 XIAN CHANG INDUSTRIAL FASTENER CO., LTD.

Toothed Lock Washers, U-Clips & Speed Nuts, V Tape-Spring Clips, Cap Nuts, Spring Pins, Special Tape-Spring Clips, Aluminum, Snap Rings, Wave Washers www.cagenut.com.tw service@cagenut.com.tw

鋧錩五金有限公司

YAOWEI PRECISION INDUSTRY CO., LTD. CNC Machining Parts / CNC Parts, CNC Lathe / Automotive Parts / Special Parts www.yaowei-tw.com zuna@yaowei-tw.com

曜維精密工業有限公司

AD page: 139

YAW MIN ENTERPRISE CORP.

Insert Nuts Type A. B. C. D. E. I, Zinc Die Casting Parts, Die Cast Nuts, Wing Nuts, Barrel Nuts, JCN Nut, Furniture Screw, Allen Key / Hex Key, Tee or T Nuts, Furniture Fittings, K.D. Fitting, Automotive Parts, Machine Parts, Flange Nuts, Customized Special Screws / Bolts, CNC Parts, CNC Lathe, Aluminum Die Cast Parts

www.yawmin.com yawmin.contact@gmail.com ISO-9001:2015

AD page: 105

YENCHANG HARDWARE HOOK & SPRING FACTORY

Stamping Parts, Wire Forming, Spring Clips, CNC Milling/Turning Parts, and Wire EDM Parts for Customized Products www.yenchang.com.tw yenchang201@gmail.com

延昌五金鉤環彈簧工廠 ISO-9001, TÜV

AD page: 24

YI CHUN ENTERPRISE CO., LTD.

Cap Screws / Socket Set Screws / Cage Nuts / Clip Nuts / Stamped Parts / Blind Nuts / Rivet Nuts / Automotive Parts / Weld Nuts / Welding T-nuts / U Nuts / A2 Cap Screw / Special Screws www.yc-fen.com.tw fooh.ming@msa.hinet.net

誼峻實業有限公司 ISO-9001:2015

YOUR CHOICE FASTENERS & TOOLS CO., LTD.

Self-Drilling Screws / SelfTapping Screws / Sandwich Panel Screw / Long Screws / Farmer Screws / Roofing Screws / PVC Window Screws / A2 Cap Screws / ZDC Cap Screws / Acoustical Eye Lag Screws / Wing Tek Screws/Chipboard Screws / Drywall Screws / Collated Screws www.ycs.com.tw sales@ycs.com.tw

太子螺絲股份有限公司 CE, ISO-9001, ISO 14064-1

AD page: 17

YUN CHAN INDUSTRY CO., LTD.

Hex Keys / Socket Bit Sets / Wrench Sets / Tool Kits / Bit & Bits Sets / Nut Setters / Socket Bits / Sockets / Bit Sets / Screwdrivers / Impact Screwdrivers / Ratchet Screwdrivers www.yunchan.com.tw jhaiso@ms32.hinet.net

雍昌工業有限公司 ISO-9001, TÜV

AD page: 133

YUYAO NO.2 STANDARD FASTENER FACTORY YUYAO BIAOER TRADING CO., LTD.

Eye Bolts / Window Hinges / Door Hinges www.biaoer.com ruanlifei@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

惠達雜誌

Needle Rollers for Bearings by JTEKT Finetech Taiwan

Performance. Precision. Stability.

JTEKT Finetech Taiwan’s contact: Ms. Emily Hung

Email: needle918@kctnr.com.tw

In order to serve the large demand for needle rollers for bearings in the Japanese and international markets of its parent group JTEKT, JTEKT Finetech Taiwan Needle Roller Bearing Co., Ltd. was established in 1996 as a joint venture between Japanese JTEKT Finetech and Taiwanese construction screws manufacturer Fong Prean. With a scale of nearly 100 employees, coupled with advanced technology and improved manufacturing processes, JTEKT Finetech Taiwan specializes in manufacturing high precision needle rollers for bearings, and has been an essential contributor to the creation of highly competitive and high quality bearings in the industry for years. Not only are its products used by customers in the automobile/motorcycle, machine tool and industrial machinery fields, but its services are also available in Southeast Asia, Northeast Asia and Europe (especially in China, Japan, Thailand and Germany).

Components Best for Efficient Bearing Operation

Whether the bearings are used in motorcycle crankshafts, camshafts, power tools, speed reducers, CVJs or EPS electronic steering systems, almost all of them rely on reliable and durable precision needle rollers to effectively distribute the load on bearings to ensure efficient operation at high speeds. Bearings with needle rollers made by JTEKT Finetech Taiwan not only exhibit high speeds, high wear resistance, high load capacity and low friction, but also help equipment to which they apply achieve efficient transmission and precise system control. To ensure the rigidity of needle rollers, JTEKT Finetech Taiwan utilizes high quality SUJ-2 bearing steel from Japan. Its ability to offer products with the outer diameter ranging from 1.5mm to 10.0mm and the outer diameter accuracy of ±1μm allows the company to meet the needs of customers in a wide array of high-precision applications.

“Advanced processing technology and automated inspection equipment allow us to accurately control the outer diameter of our products, achieving efficient production and consistent quality. The high precision, durability and stability make them ideal for use in automotive gearboxes, powertrains, air-con compressors, motorcycle crankshafts, linear guideways and power machine tools,” JTEKT Finetech Taiwan said.

Full Traceability for Perfect Quality Control

JTEKT Finetech Taiwan prioritizes quality by implementing the IATF 16949 quality management system for full traceability of manufacturing processes, and also set up a professional in-house lab to carry out tests to ensure the compliance of product strength and durability with the stringent requirements of customers and international standards such as IATF 16949 and ISO. Such a strict QC policy also allows it to overcome the technical difficulties encountered in assisting large factory customers in developing customized needle rollers for linear guideways, and meet their requirements for product stability and high precision.

More Industries to Serve

In addition to serving existing customers in the automotive field, JTEKT Finetech Taiwan will also focus on high-end markets such as AI robotics and high-precision equipment, and will strive to serve and satisfy the needs of customers in higher-end markets through process optimization and efforts to improve product precision and reliability. JTEKT Finetech Taiwan emphasizes, “We value product quality and are committed to sustainable development. We will continue to invest in technological improvements and environmental protection practices to provide customers with better and more efficient solutions, and look forward to working with more partners to create a brighter future.”

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

Innovation at the Heart of

FASTENER FAIR GLOBAL

rom 25 27 March, industry professionals will meet in Stuttgart for the 10th edition of Fastener Fair Global – the international flagship event for the worldwide fastener and fixing industry. After a record attendance in 2023, visitors can look forward to another transformative event full of networking and business opportunities, with premier access to top-tier suppliers from across the globe. 2025 will see the launch of two focus pavilions, promoting specialist solutions for a fast-changing industry.

Nearly one month ahead of the show, more than 900 companies from 44 countries have already confirmed their participation at Fastener Fair Global 2025, covering a gross exhibition space of well over 52,000 square metres. Visitors can expect a stellar line-up on the show floor, presenting the full supply chain for fastener and fixing elements in manufacturing, construction, and other industrial applications.

Over three days, there will be numerous opportunities to personally engage with innovation leaders like: Ambrovit, Böllhoff, Chavesbao, Eurobolt, Fastbolt, Index, Inox Mare, Lederer, Norm Fasteners, Obel Civata, Paal, Pasvahl, Reyher, Sacma, Schäfer+Peters, Tecfi, WASI, Würth, and many more. Filling four expansive halls, they provide a unique cross-section of the global fastener and fixings sector, with significant participation from Germany, Italy, China, Taiwan, India, Turkey, the Netherlands, the United Kingdom, Spain, and France.

With its unmatched coverage of fastener and fixing products and related equipment, Fastener Fair Global 2025 is expected to attract widespread interest from diverse markets. In 2023, key visitor sectors included metal production, automotive, distribution, construction, mechanical engineering, hardware & DIY retailing, and electronics. Nearly three in four visitors came from outside Germany, pointing towards the increasing global reach of the show.

166 Taiwanese Exhibitors are Ready!

Fastener Fair Global is the world's most popular and largest trade fair for fasteners. Fastener World, the sales agent of the fair organizer in Taiwan, will also bring 166 Taiwanese fastener related companies to Stuttgart, Germany this year. The majority of Taiwanese exhibitors will be located in Hall 5, while some others will be in Halls 1 and 7. The Taiwan Pavilion is one of the major international pavilions this year, which is expected to attract many professional buyers and purchasers to visit to inquire about the high quality fastener products and services required by different industry chains and seek more cooperation opportunities.

More than 160 Taiwanese exhibitors were present at the last fair in 2023, and this year's fair will continue to be large in scale, featuring a wide range of products including raw materials, finished/semi-finished fasteners, production machinery/equipment, molds & dies, power/pneumatic/ hand tools, as well as peripheral secondary processing services for the construction, automotive, industrial, and higher-end industrial applications.

In addition, in light of the EU's Carbon Border Adjustment Mechanism (CBAM), which will officially come into effect on January 1, 2026, many Taiwanese exhibitors will be showcasing their net-zero carbon reduction efforts to visiting buyers and purchasers at the fair. It is known that many Taiwanese exhibitors have already obtained the ISO 14064-1, ISO 14067 or other CBAM-related certificates, and some are currently applying for or conducting in-plant audits. In the future, Taiwanese manufacturers will be able to create more favorable competitive conditions for EU customers in the market and gain more sales.

Professional buyers, importers and distributors are welcome to visit the Taiwan Pavilion during the 3-day exhibition period!

Fastener Fair of Taiwanese Exhibitors

5-2734

5-2540 BEST QUALITY WIRE CO., LTD.

5-2731 BI-MIRTH CORP.

5-2888 BOLTUN CORPORATION

5-2661 BRILLIANT ENGINEERING CO., LTD.

5-2812 BROADEN WORLDWIDE CO., LTD.

5-2652 BUDSTECH CO., LTD.

5-2771 CANATEX INDUSTRIAL CO., LTD.

5-2838 CHAEN WEI CORPORATION

5-2560 CHANG YI BOLT CO., LTD.

5-2785 CHANNG CHIN INDUSTRY CORP.

5-2678 CHIAN YUNG CORPORATION

5-2732 CHIAO CHANG PNEUMATIC TOOL CORP.

5-2668 CHIEH LING SCREWS ENTERPRISE CO., LTD

5-2626 CHIN

FASTENER FAIR GLOBAL

HAO MOU NUTS MFG. CO.,

HEADER PLAN CO. INC.

H-LOCKER COMPONENTS INC.

HOME SOON ENTERPRISE CO.,

HOMEYU FASTENERS CO.,

HOMN REEN ENTERPRISE CO.,

HSIEN SUN INDUSTRY CO.,

HSIN CHANG HARDWARE

HSIUNG JEN INDUSTRIAL CO.,

HU PAO INDUSTRIES CO., LTD.

HUANG JING INDUSTRIAL CO.,

HWALLY PRODUCTS CO., LTD.

J. T. FASTENERS SUPPLY CO.,

J.C. GRAND CORPORATION

JI LI DENG FASTENERS CO.,

JOINTECH FASTENERS

JOKER INDUSTRIAL CO., LTD.

K. TICHO INDUSTRIES CO.,

KAI SHYUN ENTERPRISE CO.,

KAO WEIN PRECISION CO.,

5-2638 KCS ENTERPRISE COMPANY LIMITED

5-2743 KOT UNIONTEK CO., LTD.

5-2602 KWANTEX RESEARCH INC.

5-2751 L & W FASTENERS COMPANY

5-2784 LEADERWING HARDWARE INDUSTRIAL CO., LTD.

5-2512 LOCKSURE INC.

5-2886 LONG G CO., LTD.

5-2648 LONG INDUSTRIAL CO., LTD.

5-2864 LOYAL & BIRCH CO., LTD.

5-2636 MAC PRECISION HARDWARE CO.

5-2724 MAO CHUAN INDUSTRIAL CO., LTD.

5-2766 MAUDLE INDUSTRIAL CO., LTD.

5-2782 MEENG GANG ENTERPRISE CO., LTD.

5-2836 METAL FASTENERS CO., LTD.

5-2685 MOLS CORPORATION

5-2832 NCG TOOLS INDUSTRY CO., LTD.

2

5-2514 NOVA. FASTENER CO., LTD.

5-2990 OFCO INDUSTRIAL CORP.

5-2860 ORIENTAL MULTIPLE VIETNAM CO, LTD.

5-2522 PANTHER T&H INDUSTRY CO., LTD.

5-2520 PRO-PATH INDUSTRIAL CO., LTD.

5-2746 RAY FU ENTERPRISE CO., LTD.

5-2861 RENETSAF CO., LTD.

5-2874 REXSON FASTENERS INC.

5-2802 RODEX FASTENERS CORP

5-2783 RONG YIH JIANG ENTERPRISE CO., LTD.

KATSUHANA FASTENERS

5-2557 ROST GROUP & TECHNOLOGY CO., LTD.

5-2769 S&T FASTENING INDUSTRIAL CO., LTD.

5-2740 SAN YUNG ELECTRIC HEAT MACHINE CO., LTD.

5-2868 SCREWTECH INDUSTRY CO., LTD.

5-2758 SEN CHANG INDUSTRIAL CO., LTD.

5-2884 SHAW GUANG ENTERPRISE CO., LTD.

5-2660 SHEN CHOU FASTENERS INDUSTRIAL CO., LTD.

5-2865 SHIANG GING METAL ENTERPRISE CO., LTD.

5-2722 SHIN CHUN ENTERPRISE CO., LTD.

5-2645 SHIN GUANG YIN ENTERPRISE CO., LTD.

5-2848 SHIN JAAN WORKS CO., LTD.

5-2881 SHYANG SHENG PRECISE INDUSTRY CO., LTD.

5-2869 SOON PORT INTERNATIONAL CO., LTD.

5-2640 SPEC PRODUCTS CORP.

5-2632 SPECIAL RIVETS CORP.

5-2854 SPRING LAKE ENTERPRISE CO., LTD.

5-2765 STANDING INDUSTRIAL CO., LTD.

5-2666 SUN THROUGH INDUSTRIAL CO., LTD.

5-2892 SUPER DPD CO., LTD.

5-2683 SUPER NUT INDUSTRIAL CO., LTD.

5-2562 TAIWAN FASTENER TRADING ASSOCIATION - TFTA

5-2754 TAIWAN INDUSTRIAL FASTENERS INSTITUTE - TIFI

5-2856 TAIWAN PRECISION FASTENER CO., LTD.

5-2651 TAIWAN SHAN YIN INTERNATIONAL CO., LTD.

5-2831 TANG AN ENTERPRISE CO., LTD.

5-2654 TSUNG YANG INTERNATIONAL CO., LTD.

5-2824 TUNG FANG ACCURACY CO., LTD.

5-2774 UNIPACK EQUIPMENT CO., LTD.

5-2656 UNI-PROTECH INDUSTRIAL CO., LTD.

5-2851 VERTEX PRECISION INDUSTRIAL CORP.

5-2511 WA TAI INDUSTRIAL CO., LTD.

5-2669 WAN IUAN ENTERPRISE CO., LTD.

5-2680 WE POWER INDUSTRY CO., LTD.

5-2676 WEI IN ENTERPRISE CO., LTD.

5-2781 WHIRLPOWER ENTERPRISE CO., LTD.

5-2840 WINGTONE INDUSTRIAL CO., LTD.

5-2721 WYSER INTERNATIONAL CORP.

5-2744 Y.Y. CABLE ACCESSORIES CO., LTD.

5-2684 YANG YI TECHNOLOGY CO., LTD.

5-2634 YI CHUN ENTERPRISE CO., LTD.

5-2859 YICISCREW CO., LTD.

5-2834 YOANG MING INDUSTRIAL CO., LTD.

5-2880 YOUR CHOICE FASTENERS & TOOLS CO., LTD.

5-2752 YOW CHERN CO., LTD.

5-2872 YUN CHAN INDUSTRY CO., LTD.

5-2610 ZI EA FACTORY COMPANY

Hardware & Fastener Components World

五金零組件全球新聞

Association News

HAI Releases Business Index Q3 2024

愛爾蘭五金協會公布2024年第三季會員企業業績指數

The quarterly Business Index captures net sales revenue from participating member retailers and merchants. The key objectives of HAI Business Index are to establish an ongoing guide to revenue performance for HAI member firms and to deliver a total index figure on changes to the total value of the market on a quarterly and annual basis. The index reveals that HAI members in Munster recorded a year-on-year increase for Q3. The members' performance throughout 2024 has been consistent with 2023. Q3 2024 is the fifth consecutive quarter with no change, which indicates that the market is flatlining. Overall, market performance in 2024 has remained relatively flat.

New STAFDA Officers Announced

美國專業工具及扣件經銷商協會選出新任正副理事長

Members of the Specialty Tools & Fasteners Distributors Association (STAFDA) elected leadership for 2025 during the Association’s 48th Annual Convention & Trade Show, November 10-12 last year, in Nashville. Following the event’s General Session, Dale Hahs II, President of AIS Industrial and Construction Supply, Denver, became STAFDA President. AIS is a family-run business started in 1945 by Hahs’ grandfather originally to service the airline industry. The company shifted its focus to selling to contractors after World War II. AIS has been a STAFDA member since 1999.

Matt Kitchens, Vice President of Sales for California Service Tool, Hayward, CA, was elected STAFDA Vice President. The company serves Northern California as a leading tool, safety, and equipment distributor for commercial trade contractors. California Service Tool has been a STAFDA member since 1977.

Shanghai Tool Industry Association Holds 9th General Assembly

上海工具工業協會第九屆會員大會

On December 23, 2024, the 9th General Assembly of Shanghai Tool Industry Association was held in Shanghai. The assembly elected the ninth council and leadership of Shanghai Tool Industry Association. Mr. Dong-li Zhang, Chairman of China Hardware Association, reflected in his speech on the development history of the Shanghai tool industry and its outstanding contributions to China's tool and hardware sector. He expressed optimism for the work of the new council of Shanghai Tool Industry Association, stating that the Chinese hardware products industry is eager to strengthen communication, connections, and collaboration with the association to jointly promote innovation and high-quality development of China's tool and hardware industry.

During the meeting, industry experts and guests shared their experiences in foreign trade sales within the hardware sector. Chairman Dong-li Zhang, along with the organizers and relevant guests, officially launched the initiative of "Gathering Energy to Navigate and Set Sail Together".

Latest on CBAM & Carbon Price

Taiwan Ministry of Environment Announces Draft for Voluntary Product Carbon Footprint Management Regulations

台灣環境部預告「碳足跡標籤」新草案

On December 6, 2024, Taiwan Ministry of Environment announced the draft. Products with no carbon footprint certification will not be allowed to use or display carbon footprint labels. Companies found to be "greenwashing" or using labels arbitrarily may face fines ranging from NT$10,000 to NT$1 million. Additionally, considering the shortened life cycle of many products today, the valid period for carbon footprint labels will be reduced from five years to two years.

Taiwan Ministry of Environment stated that shortening the label's valid period will enhance its effectiveness and better demonstrate the product's carbon footprint to external parties. Large companies are required to pay carbon fees and conduct an annual carbon inventory. The carbon footprint label is voluntary and depends on the companies' objectives and whether they disclose their figures. Therefore, a shorter period of two years is set.

A representative from the General Chamber of Commerce of Taiwan pointed out that applying for a carbon footprint label takes three to five months, and third-party verification also takes time. The representative suggested extending the valid period to three years. In response, Taiwan Ministry of Environment indicated that it is currently in preliminary discussions with relevant verification agencies to simplify some verification processes for simpler products, aiming to minimize cost impacts.

Currently, there are six verification agencies that meet Taiwan's government standards: the British Standards Institution (BSI), TÜV Rheinland, Bureau Veritas Certification (BVC), SGS Taiwan,

European Think Tank Calls on the EU to Direct Revenues from CBAM to International Climate Finance

歐洲智庫呼籲歐盟將CBAM的收入用於國際氣候融資

The European Roundtable on Climate Change and Sustainable Transition (ERCST) has issued a declaration urging the European Union (EU) to allocate revenues from the Carbon Border Adjustment Mechanism (CBAM) towards international climate finance. The declaration emphasizes the need to support developing countries that are most affected by climate change and least equipped to adapt. It argues that directing these funds can enhance the implementation of the Paris Agreement and demonstrate that the CBAM is an environmental, not protectionist, measure. This initiative aligns with EU commitments to increase climate finance and address the significant funding gap faced by developing nations, estimated at nearly USD 6 trillion by 2030. ERCST is an independent think-tank registered under Belgium law.

AFNOR Asia, and the Agricultural Technology Research Institute (ATRI). Taiwan Ministry of Environment noted that several other organizations are also in the application process, so verification capacity will continue to increase.

Representatives from verification agencies also advised Taiwan Ministry of Environment to reference international practices, which is to simplify processes and reduce costs by implementing a license extension system. They expressed hope for utilizing remote videoconferencing for audits to enhance administrative efficiency in the review process.

Italy, Poland Among Other Nations Submit an Informal Document for CBAM Amendment to EU

義大利、波蘭等向歐盟提出建議修訂CBAM之「非正式文件」

To maintain Europe's competitiveness in key manufacturing sectors, support the green transition of energy-intensive industries, and achieve strategic autonomy while preventing industry exodus, Italy and Austria, Bulgaria, Poland, among others, have submitted an "informal document" proposing amendments to CBAM to the EU.

This informal document was jointly promoted by Adolfo Urso, Minister of MIMIT (Ministry of Enterprises and Made in Italy), and Gilberto Pichetto, Minister of Environment and Energy Security. It suggests that the European Commission advance the clause review to 2025 to allow for improvements before the full implementation of CBAM in 2026.

The document addresses four key areas: simplifying administrative burdens, strengthening measures against carbon leakage and dumping practices, avoiding the inclusion of indirect emissions in CBAM—which could lead to increased electricity costs in decarbonization—and introducing mechanisms to protect European exporters to ensure fair competition in markets without a similar "EU Emissions Trading System (ETS)." Additionally, it proposes delaying the gradual elimination of free ETS allowances for energy-intensive industries to mitigate uncertainties and risks associated with the implementation of CBAM.

The proposed amendments by the Italian government are also part of a strategy to protect the domestic steel industry,

focusing on revitalizing four major steel production bases: Taranto, Terni, Piombino, and Acciaierie del Nord. Italy is now seen as a successful model in Europe, as 85% of its domestic steel production is generated through electric arc furnaces using recycled scrap steel— significantly higher than the European average of less than 50%.

European People’s Party Calls for Two-year CBAM Freeze

歐洲人民黨呼籲將CBAM凍結兩年

The European People's Party (EPP) has called for a two-year delay on the implementation of CBAM in a statement seen by Kallanish, following its recent leadership summit. It also called for the introduction of the Corporate Sustainability Reporting Directive and the Corporate Sustainability Due Diligence Directive to be paused for the same length of time. It argues these measures impose excessive burdens on SMEs, hinder competitiveness, and risk deindustrialization.

Ukraine May Lose 6.4% of GDP by 2030 Due to CBAM

CBAM可能使烏克蘭的GDP在2030年下降6.4%

Ukraine could face significant economic challenges due to the EU's CBAM, potentially losing 6.4% of its GDP by 2030, according to a recent report from CMD-Ukraine. The export decline may reach 6.3%, with exports to the EU dropping by 9.8%. The steel industry, which constitutes a large portion of Ukraine's exports, will be particularly affected, as CBAM applies to 15-17% of these exports. In the first year of full CBAM implementation in 2026, export losses could amount to US$202 million, escalating to US$1.4 billion by 2030. The report highlights that the financial burden from CBAM could hinder Ukraine's recovery and integration into the European economy, especially as it struggles with ongoing war-related challenges. Ukrainian businesses are calling for government support, including staff training and access to low-interest loans, to navigate these new regulations effectively.

“The EU has decided on ambitious climate targets and policies to achieve them. When implementing them, we must make sure that they do not lead to deindustrialization. If climate policy becomes an obstacle for competitiveness and growth, it will not only fail to have the support of European citizens, but it will also risk increasing global emissions because products will be produced in other regions of the world with higher emissions,” it said.

The EPP proposes limiting such regulations to large companies (with 1,000+ employees), reducing overlap, and cutting reporting obligations by 50%. It also calls for measures to protect the European automotive industry and allocate more ETS revenues to energy-intensive sectors.

In contrast to the EPP’s call, CEMBUREAU (The European Cement Association) calls for timely CBAM start: “CEMBUREAU agrees that some targeted improvements could be brought to CBAM, in particular to minimize the risks of fraud and circumvention, find a solution for exports, and simplify the mechanism where possible. These points are important and deserve a strong focus from policymakers. However, a two-year delay in CBAM implementation would only cause major risks for ongoing EU decarbonization investments, and for the broader competitiveness of the cement sector, which has been confronted with rising imports in recent years,” said CEMBUREAU in a statement.

CEMBUREAU also points out that CBAM does not add bureaucratic constraints on European cement producers as it mirrors the requirements of the EU Emissions Trading Scheme, to which all European producers of CBAM goods are subject today, to ensure a level playing field between goods produced in the EU and outside of the EU.

Industry Development

SMMT Analysis Reveals UK Automotive Industry's Challenges Amid EV Transition

SMMT協會分析揭示英國汽車業電動車轉型的挑戰

The Society of Motor Manufacturers and Traders (SMMT) released a new analysis indicating that car manufacturers could face a nearly £6 billion bill in 2024 to meet the Zero Emission Vehicle (ZEV) Mandate, with projections showing 116,000 fewer EVs will be registered than initially expected. The UK automotive industry is sounding alarm bells over its transition to electric vehicles (EVs), calling for urgent government intervention due to weak demand and unsustainable costs. Despite a 30% increase in EV model options since 2023, the market's response has been underwhelming. High interest rates, soaring raw material prices, and geopolitical uncertainties have dampened consumer confidence. The anticipated registration of 457,000 electric cars in 2024 has been revised down to just 363,000, representing an 18.7% market share instead of the targeted 23.3%. Manufacturers are compelled to offer substantial discounts—estimated at £4 billion—to stimulate sales, yet they still risk incurring compliance costs for failing to meet mandated targets. SMMT Chief Executive Mike Hawes emphasizes the need for a review of automotive regulations to ensure they align with market realities and support growth, highlighting that prompt action is essential to safeguard the industry's future and potential economic contributions.

Companies Development

Japanese Punch Industry Forms Partnership with Misumi Group

日本Punch Industry與Misumi集團結盟

On October 7, 2024, Punch Industry based in Tokyo, announced a capital and business partnership with Misumi Group, also headquartered in Tokyo. This strategic alliance aims to enhance both companies' capabilities in the manufacturing sector by leveraging their respective strengths.

Punch Group focuses on precision manufacturing and has established a robust global network to support diverse manufacturing needs, including custom machine parts and automation equipment. Misumi Group specializes in providing automation solutions for the industrial automation sector, emphasizing quick delivery and efficiency to create value for its clients.

The partnership will see Punch Industry allocate 3 million shares to Misumi, granting them approximately 10.93% ownership. Both companies plan to collaborate on product supply and explore growth opportunities in international markets. They will utilize advanced digital technologies and complementary logistics infrastructures to maximize synergies and drive mutual growth.

Japanese KTC Celebrates 30 Years of nepros with New Logo

日本KTC慶祝nepros品牌30周年並推出新標誌

KTC, a leading manufacturer of hand tools, celebrated the 30th anniversary of its flagship brand, nepros, this January. To mark this milestone, KTC has unveiled a refreshed logo and a new tagline (BEYOND THE BEST) aimed at enhancing brand value. The updated logo retains elements of the original design while simplifying its features to reflect nepros' evolution and commitment to quality. This change is intended to resonate with both existing and new customers, showcasing nepros as a forward-thinking brand dedicated to excellence in professional mechanics' tools.

Einhell Germany AG Distinguished as “Top Company in Lower Bavaria 2024”

德國Einhell公司獲選為「2024年下巴伐利亞地區最佳企業」

Einhell Germany AG has been honored as a "Top Company in Lower Bavaria 2024" by the Niederbayern-Forum Association, recognizing its exceptional performance and commitment to the region. The award ceremony took place on November 20, 2024, where key executives, including CFO Jan Teichert and Group HR Director Hans-Peter Rostan, accepted the accolade before notable guests, including Lower Bavaria District President Rainer Haselbeck. This recognition highlights Einhell's contributions to local economic success and its embodiment of the "Lower Bavaria brand" through economic and social expertise, eco-friendliness, and regional focus.

Mayor Matthias Kohlmayer praised Einhell for fostering a workplace built on trust and respect, emphasizing the company's role in creating a supportive community for its employees. Teichert expressed pride in the award, attributing it to the dedication and creativity of Einhell's workforce. As a leading manufacturer of cordless tools, Einhell continues to innovate with its Power X-Change battery platform and celebrated its 60th anniversary in 2024. The company remains committed to providing attractive jobs while ensuring sustainable growth for the region.

Hilti's Climate Targets Validated by SBTi

Hilti Group has made significant strides in its sustainability efforts, recently having its ambitious climate targets validated by the Science Based Targets initiative (SBTi). This validation confirms Hilti's commitment to achieving net-zero greenhouse gas emissions across its entire value chain by 2050. The company has set specific near-term goals, including a 50% reduction in Scope 1 and 2 emissions and a

30% reduction in Scope 3 emissions by 2032. To support these targets, Hilti plans to invest a substantial amount in sustainable practices, focusing on data transparency, circular product design, and sourcing more sustainable materials.

In addition to these targets, Hilti's CEO Jahangir Doongaji emphasized the importance of collaboration throughout the value chain to meet these sustainability goals. The construction industry is notably resource-intensive, contributing to approximately 40% of global carbon emissions. Hilti aims

to lead by example, not only through its products but also in how it operates internally. This commitment reflects a broader trend within the industry towards greater environmental responsibility and sustainability.

EcoVadis has once again declared Hilti to be a "Leader in Carbon Management" and a “company with a best-in-class greenhouse gas management system and strong ambitions for decarbonization.” This outstanding rating is also based on Hilti's commitment to the Science Based Targets initiative (SBTi).

Growermetal Inaugurates New German Sales Branch

Growermetal成立新德國銷售分部

Growermetal is glad to inform its customers, employees and suppliers that on October 1st 2024 a new sales branch has been inaugurated: Growermetal Germany GmbH. Growermetal has been living a process of expansion for some time now to make its sales network more and more timely and widespread. The opening of the new location will enable it to strengthen Growermetal’s presence in the German and European market. Its general manager Klaus Vogt is available to support all its partners in Germany, Austria and Switzerland.

Bulten Plans for New Establishment in Vietnam

Bulten計畫設立越南據點

Bulten and ZJK Vietnam Precision Components Co., Ltd, a part of the Chinese fastener company ZJK Precision Parts (ZJK), have signed a letter of intent to establish operations in Vietnam through a joint venture. Agreements have been signed between the parties with the aim of starting production in Vietnam in 2025. The background to the establishment is, as Bulten previously communicated, an increased demand for domestically produced micro screws among international customers in the consumer electronics industry with manufacturing in India and Vietnam. In late 2023 Bulten entered into a joint venture with ZJK and Indian Radium Fasteners Private Ltd (Radium) for the manufacture of micro screws and now a similar establishment is planned in Vietnam. “Bulten’s strategy is to grow within customer groups outside of automotive, which is our largest and most established segment. In recent years, we have had good development in the consumer electronics segment, especially in Asia, and see this trend continuing. It is against this background that we are now taking the next step and establishing ourselves in Vietnam. This will increase Bulten’s sales volumes and benefit profitability,” says Christina Hallin, Interim President and CEO of Bulten. The new joint venture plans to rent production facilities, which means limited investment costs and risk-taking for

Optimas Surpasses Sustainability Targets

Two Years Ahead of Schedule

Optimas提早兩年達到永續發展目標

Optimas, a global leader in industrial supply chain solutions, is excited to announce exceptional progress in its Net-Zero Strategy, achieving emissions reductions initially set for the end of 2025— two years ahead of schedule.

Key milestones reached in 2023 include:

17.5% reduction in Scope 1 and 2 emissions, exceeding the original target of 6.9% reduction for 2025 through renewable energy adoption and improved refrigerant management.

14.9% reduction in Scope 3 emissions intensity, surpassing 2025 expectations by combining emissions reduction initiatives with business growth. The original target was a 6.5% reduction.

These achievements demonstrate Optimas’ strong commitment

Bulten. Bulten’s ownership in the planned company will be 51 percent and ZJK Vietnam Precision Components Co., Ltd will own the remaining 49 percent. The proposed joint venture will be called Bulten ZJK Vietnam Company Ltd.

to environmental responsibility, setting the stage for continued leadership in sustainability.

“Our progress highlights the effectiveness of our strategy and our ability to outperform expectations,” said Mike Tuffy, CEO, International.

Daniel Harms, CEO, Americas, added saying: “achieving 2025 targets two years early shows that Optimas is driving meaningful change for the environment and our customers.”

Moving forward, Optimas will focus on scaling renewable energy use, electrifying heating systems, and engaging suppliers to ensure long-term decarbonization.

Sonic Group Acquires Sonic Tools USA

Sonic集團併購Sonic Tools USA

Sonic Tools USA has been acquired by Sonic Group, a significant development in the tools and equipment sector. This merger is expected to enhance Sonic Group's market presence and expand its product offerings. Sonic Tools USA, known for its high-quality tools, will benefit from the resources and expertise of Sonic Group, facilitating innovation and growth. The acquisition aligns with Sonic Group's strategy to strengthen its position in the

Stanley Completes Newell Brands, Craftsman Deals

史丹利完成收購 Newell Brands與Craftsman

Stanley announced that it completed its purchase of the Craftsman brand from Sears for approximately US$900 million in cash. The move, announced Jan. 5, gives Stanley the right to develop, manufacture and sell Craftsman-branded products outside the Sears Holdings and Sears Hometown & Outlet Stores distribution channels. One day after announcing that acquisition, Stanley said it will build a new US$35 million hi-tech factory in the U.S. to expand the Craftsman line.

Stanley announced that it has completed its purchase of the Tools business of Newell Brands for US$1.95 billion in cash. The move — first announced Oct. 12, 2016 — gains Stanley the industrial cutting, hand tool and power tool accessory brands Irwin, Lenox and Hilmor brands.

competitive market, aiming to provide customers with a broader range of advanced tools. Both companies expressed optimism about the future, highlighting their commitment to delivering exceptional value to customers.

LISI AUTOMOTIVE Has Entered into Negotiations with ZeroBaseInvest with a View to Selling LISI AUTOMOTIVE NOMEL SAS

LISI Automotive與ZeroBaseInvest就出售LISI Automotive Nomel SAS進行談判

ZeroBaseInvest GmbH submitted a firm offer to LISI AUTOMOTIVE with a view to acquiring 100% of the shares in its subsidiary LISI AUTOMOTIVE NOMEL, which specializes in the manufacture of nuts by cold heading and washers by vertical cutting, notably for the automotive and industrial/distribution markets.

This subsidiary, located in La Ferté Fresnel (61) in France, will achieve sales of around €35 million in 2024, drawing on significant positions with automotive manufacturers (Stellantis, Renault, VW, Nissan), industrial distributors and manufacturers of screws and cage nuts. LISI AUTOMOTIVE's subsidiaries will continue to purchase washers and nuts for its customers' automotive applications.

This acquisition project completes the range of nuts produced by ZerobaseInvest GmbH through its subsidiary ZB M+F, acquired from LISI AUTOMOTIVE FORMER in 2020. This disposal will enable LISI AUTOMOTIVE to continue refocusing its activities on high valueadded fastening solutions and mechanical components for its automotive customers.

This transaction is subject to satisfying certain conditions and obtaining the usual required authorizations. It should be completed by the end of February 2025.

compiled by Fastener World

SteelFab 2025

“Automated Machinery” Opportunities in the Middle East

The scale of the metal processing industry and the demand for peripheral products in the Middle East have been growing continuously in recent years, and their technological strength and quality have been slowly attracting the attention of international customers. With the 4-day SteelFab 2025 held in Expo Centre Sharjah from January 12 to 16, many exhibitors and professional buyers on-site felt the lively atmosphere of exchange, and could also perceive potential business opportunities arising from the demand for automated processing machines in the Middle East (especially in the UAE), where officials and local companies are investing hundreds of millions of dollars in emerging technologies such as robotics and automation in order to enhance productivity and efficiency.

AI Automation, the Future of Metal Processing

SteelFab, which has been held for 19 years, is a professional exhibition targeting various industrial manufacturing industries in the UAE and the entire Middle East region. In particular, welding & cutting, power tools, machine tools, tubes & pipes processing machines, as well as stainless steel, AI, and robotics were the key highlights of the exhibition this year. It is also one of the main platforms to help relevant industries in the region expand their digital capabilities and gain an edge in a hypercompetitive market. Fastener World Inc. exhibited at the exhibition again this year, hoping to deepen our observation and understanding of the Middle East market, and more importantly, to find more opportunities to enter the local market and gain supply chain cooperation for high-quality suppliers wishing to further expand into the Middle East and the surrounding emerging markets in order to diversify geographic risks.

High Share of Automated Machinery Exhibitors

According to the on-site observation of Fastener World's staff, 80-90% of the exhibitors this year were related to the fields of automation machinery and peripheral equipment, and there were a few exhibitors of power tools, non-fastener related dies & molds, powder coating and laser equipment. However, the share of fasteners or hardware products related exhibitors was not high. The exhibitors were mainly from the Middle East, with international pavilions from China, India, Germany and Taiwan. Compared to 2024, the number of exhibitors from China and India was on a decline. Taiwanese exhibitors were mostly in the automation machinery sector.

Benefiting from the geographical advantage, the visitors to Fastener World’s stand this year were mostly professional buyers and traders from Dubai, mostly inquiring about sourcing automated machinery and specifically looking for Taiwanese suppliers. There were also traders looking for thread rolling machines and heading machines. One buyer told Fastener World’s staff that he had purchased machinery and equipment from other countries, but felt disappointed with their quality. He also heard that the quality of Taiwanese machinery and equipment is good, and would be interested in giving it a try if there is any suitable manufacturer to collaborate with.

It is understood that UAE officials have been promoting a number of policies and programs in recent years that seek to promote industrial innovation and R&D, and enhance local supply chains, including the UAEprogramme, covering 1,000 programs in the fields of technology and industry.

According to Taiwan Machine Tool & Accessory Builders' Association (TMBA), Taiwan's total machine tool export in 2024 amounted to US$2.218 billion, and the total critical components export amounted to US$1.511 billion, with the top 5 major export destinations being China, USA, Turkey, India, and Vietnam, indicating that there is still room for effort in the Middle East market. Vendors interested in the Middle East metal processing market are advised to enter these advanced and highend automated equipment and peripheral parts markets as well, to further strengthen the cooperation opportunities with large-scale projects and local supply chain partners in the Middle East countries.

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

Dates: 05/22-24/2025

Venue: Shanghai World Expo Exhibition & Convention Center (SWEECC)

International Fastener Show

China

International Fastener Show China is the meeting place of fastener peers to share the latest and leading products and solutions, and strengthen competitive powers in the fastener industry. IFS China offers an exclusive showcase and networking platform in one of the world's leading industrial economies. From common parts to high-tech applications in the industries of automobile, aerospace and construction, fastener and fixing systems are vital components in various manufacturing sectors.

With an exhibition area of 42,000 square meters, there were breakthroughs in the scale and level for International Fastener Show China 2024. IFS China gathered 1,000+ renowned enterprises and set up 2,020 booths, attracting 19,080 visitors including 982 overseas visitors from 55 countries and regions in 2024.

As a three-day exhibition planned to be held at Shanghai World Expo Exhibition & Convention Center during May 22-24, 2025, IFS China aims to enhance the technological and commercial communion between China's Fastener Industry and global colleagues.

Exhibitors at IFS China present products and services from the following industry sectors:

Manufacturers of Industrial Products, Fasteners, and Fastener Related Products / Manufacturers and Suppliers of Wire Materials / Industrial Fasteners and Fixings / Construction Fixings / Assembly and Installation Systems / Fastener Manufacturing Technology / Storage, Distribution, Factory Equipment / Information, Communication and Services.

IFS China targets distributors, suppliers, engineers and other industry professionals that source and trade fasteners and fixings from the following industry sectors:

Communication Technology / Automotive / Energy and Power Generation / Construction / Rail Transportation / Aerospace / Marine / Electronic and Electrical Goods / General Engineering - light/heavy /HVAC, Air Conditioning Services / Metal Products / Furniture Manufacturing / Installation / International Trade and Commerce.

Dates: 05/21-23/2025

Venue: JIEXPO (Jakarta International Expo)

INAFASTENER

印尼雅加達國際緊固件五金展

INDONESIA‘s Only Event Dedicated to FASTENER & FIXING TECHNOLOGY EXHIBITION

The 8th edition of INAFASTENER 2025 which will be held in JIExpo Kemayoran, Jakarta is a trade show exclusively dedicated to fastener and fixing technologies, and will be held in conjunction with INAPA, INABIKE, and TYRE & RUBBER INDONESIA.

INAFASTENER 2025 is a part of INAPA show that targets trade exhibition for the fastener and fixing industry. It covers a wide product range of industrial fasteners and fixings, assembly and installation systems, storage and logistics services. Both buyers and sellers can take this opportunity to network the potential buyers, learn and source new technology, to grow together with the industry and to reach new heights in business status.

Come for new opportunities on Inafastener floor.

Dates: 05/08-10/2025

Venue: Bombay Exhibition Centre, Mumbai

Fastener Fair India

Expanding Horizons with India Hardware

Building on the success of its 2024 edition in New Delhi, Fastener Fair India continues to solidify its position as the premier networking platform for the fastening and fixing industry. The 2024 edition delivered outstanding opportunities for distributors, suppliers, engineers, and industry professionals, reflecting the strong growth of key sectors such as automotive, construction, and manufacturing in India.

As the industry gears up for another dynamic edition, Fastener Fair India 2025 is set to take place from 8-10 May 2025 at the Bombay Exhibition Centre, Mumbai, India. This year’s event promises to be bigger and better with the introduction of a brand-new segment – India Hardware.

What’s New in This Edition?

Unveiling India Hardware: Fastener Fair India 2025 proudly introduces India Hardware, a dedicated segment showcasing India’s flourishing hardware manufacturing industry. Powered by the Make in India initiative, this segment will highlight cutting-edge tools, machinery, and technological advancements, reinforcing India’s position as a global manufacturing hub. Visitors can expect to explore the latest innovations, network with key players, and stay at the forefront of industry developments.

Why You Can’t Miss It

For Visitors: Gain direct access to a diverse range of fastening and hardware solutions, meet top suppliers, and experience live product demonstrations. Stay ahead of industry trends and source high-quality products from leading manufacturers.

For Exhibitors: Engage with decisionmakers, buyers, and distributors actively seeking new solutions. Showcase your latest innovations, expand your brand presence, and generate high-value business leads.

Exclusive Networking Opportunities:

Build valuable connections with industry leaders, suppliers, and potential partners across various sectors, including construction, automotive, aerospace, and manufacturing.

Live Demonstrations & Product Launches:

Witness the latest advancements firsthand through interactive showcases and live product demonstrations from top brands in the industry.

Stay Ahead of the Competition: Gain insights into emerging market trends, technological advancements, and new business opportunities shaping the fastener and hardware sector.

A Must-Attend Event for Industry Professionals

Fastener Fair India 2025 is the ultimate platform to explore innovations, forge new business partnerships, and stay updated on industry trends. Whether you are a visitor looking to source high-quality products or an exhibitor aiming to showcase groundbreaking solutions, this event is your gateway to unparalleled opportunities in the fastener and hardware industry.

Join us at Fastener Fair India 2025 and be a part of the future of fastening and hardware technology!

10 Minutes to Understand

CBAM

The Carbon Border Adjustment Mechanism (CBAM) is one of the European Union's most ambitious climate policy tools aimed at reducing carbon leakage, ensuring a level playing field for EU businesses, and achieving the EU’s climate goals. This article provides a clear and concise breakdown of CBAM's key requirements, latest updates, and implications for importers and exporters.

What is CBAM?

The CBAM is designed to prevent "carbon leakage," a situation where companies relocate their production to countries with looser environmental regulations to avoid high carbon costs. The mechanism imposes a financial adjustment on imports of specific goods into the EU based on the carbon emissions involved in their production. This ensures that foreign producers are subject to the same carbon price as EU-based producers under the EU Emissions Trading System (ETS). The goal is to encourage global climate action while safeguarding EU industries from unfair competition.

Transition Phase (2023-2025)

From October 2023, the EU has entered a transitional phase for CBAM, which lasts until the end of 2025. During this time, businesses importing products covered by CBAM (such as cement, iron and steel, and aluminum) must report the carbon content of their goods but will not yet have to pay the financial adjustment. This reporting is crucial as it helps authorities gather data for the full implementation of the system, which will begin in 2026.

Importers are required to report the quantity of goods and their embedded emissions quarterly during this phase, while ensuring they comply with the specific carbon accounting methodologies set out by the EU. The purpose is to allow time for businesses to adjust to the new reporting requirements before full enforcement begins.

Full Implementation in 2026

Starting in 2026, the CBAM will be fully operational. This means that businesses importing covered products into the EU will be required to purchase CBAM certificates for the amount of carbon emissions embedded in those products. These certificates will be priced according to the average price of EU ETS allowances, which is based on the price per ton of CO2 emissions. Importers will have to declare the volume of goods and their embedded emissions on an annual basis, with deadlines set for May 31 each year for the previous year’s imports. They will then need to surrender the equivalent amount of CBAM certificates to the authorities. Importers must also ensure they register with the relevant national authorities to access the system and purchase these certificates.

Key Sectors Affected by CBAM

The initial sectors covered under the CBAM are those that are considered to be high carbon emitters and have a significant risk of carbon leakage. These include:

• Cement

• Fertilizers

• Iron and steel

• Electricity

• Aluminum

These sectors were chosen due to their large carbon footprints and their vulnerability to being outsourced to countries with lower environmental standards. As of now, these are the only sectors included, but the EU has indicated plans to expand CBAM to other sectors, including organic polymers and plastics, by 2030.

Copyright owned by Fastener World / Article by Shervin Shahidi Hamedani

Reporting Requirements and Challenges for Importers

Importers will face several challenges during the CBAM rollout, especially concerning the accuracy and availability of carbon emissions data. For many non-EU exporters, carbon emissions data may not be readily available or standardized, which could create barriers for compliance.

• Data Accuracy: Importers need accurate carbon content data from their suppliers. If this information is missing, importers can use default carbon intensity values based on product types, but these default values might not reflect actual emissions, which could lead to over- or under-reporting.

• Reporting Complexity: The complexity of calculating and verifying carbon emissions, especially for products manufactured with multiple components or produced in countries with varying environmental regulations, could lead to increased administrative burdens for businesses.

However, the transition phase (2023–2025) provides time to address these challenges, and the gradual implementation will allow businesses to adapt to the new system.

Opportunities for Importers

Despite the challenges, CBAM presents opportunities for importers, particularly those looking to align with global sustainability trends:

• Green Investments: Importers and their suppliers will have an incentive to invest in cleaner, more efficient technologies to reduce the carbon intensity of their products. This can lead to cost savings in the long run, especially as the price of carbon continues to rise.

• Market Differentiation: Companies that comply with CBAM and adopt low-carbon practices can differentiate themselves in the marketplace, appealing to environmentally conscious consumers and investors.

• Access to Carbon Pricing: The integration of CBAM with the EU ETS provides a pathway for businesses outside the EU to engage with carbon pricing mechanisms and prepare for future regulations in other regions.

Impact on Non-EU Exporters

For non-EU countries exporting goods to the EU, CBAM will present both challenges and incentives:

• Challenges: Exporters will need to provide accurate carbon emission data to EU importers, which could require significant changes in their production processes. Additionally, exporters from countries without comparable carbon pricing mechanisms may find it more difficult to compete in the EU market.

• Opportunities: Exporters who reduce their carbon footprint could gain a competitive edge, as EU importers may prefer low-carbon products to minimize their own compliance costs. Moreover, the global shift towards sustainability will likely increase demand for low-carbon products across markets.

CBAM's Impact on the Fastener Industry

The fastener industry, which plays a crucial role in sectors like automotive, construction, and machinery, will be impacted by (CBAM), particularly due to its reliance on energy-intensive raw materials like steel and aluminum. While the fastener industry is not directly covered under CBAM, the carbon intensity of the materials used to produce fasteners will be scrutinized. Manufacturers who import raw materials from countries without similar carbon pricing systems will be affected by higher costs due to the requirement for CBAM certificates to offset emissions tied to these imports. For fastener manufacturers, the main challenge lies in increased operational costs due to carbon pricing on raw materials. Importers of fasteners into the EU will be required to report the carbon emissions embedded in the production of these products and secure CBAM certificates to match the emissions levels. This will particularly affect companies that source materials from regions without similar carbon pricing mechanisms, potentially driving up production costs. However, this shift could also provide an opportunity for innovation, as manufacturers that invest in more sustainable production processes will be able to reduce their carbon footprint, thus lowering costs in the long term and improving their market competitiveness in the EU. Moreover, fastener companies outside the EU may need to adjust to these requirements, particularly if they wish to remain competitive in the EU market. As the EU pushes for greater sustainability, these companies may have the chance to innovate and engage in the growing global carbon market, which could lead to new opportunities and supply chain enhancements. Ultimately, while the fastener industry faces challenges under CBAM, the push toward sustainability offers significant opportunities for those who adapt and invest in greener technologies.

Outlook and Extensions of CBAM

While the Carbon Border Adjustment Mechanism (CBAM) currently targets a limited number of sectors, such as cement, steel, and aluminum, the European Union has outlined plans to gradually expand its coverage to include more industries. This extension could encompass additional energy-intensive sectors, such as chemicals, fertilizers, and glass, which are significant contributors to global emissions. In addition, there is growing consideration of including indirect emissions—for example, those stemming from the electricity consumed during production processes. This would ensure a broader range of emissions are accounted for, further supporting the EU’s goal of carbon neutrality by 2050. As the global carbon market evolves, CBAM is expected to serve as a key driver for sustainability across various industries. By introducing carbon pricing mechanisms that reflect the true environmental costs of products, CBAM creates a clear financial incentive for industries to adopt greener technologies and reduce their carbon footprints. The mechanism could push industries that are not yet covered by CBAM, or those with limited sustainability initiatives, to accelerate their efforts towards decarbonization. Companies that are proactive in reducing their emissions will likely find themselves at a competitive advantage in the long term, benefiting from a more sustainable supply chain and increased market demand for low-carbon products. In addition, as more countries around the world implement their own carbon pricing systems, CBAM could encourage global harmonization of carbon regulations, which would reduce the risk of competitive disadvantages for businesses operating across borders. The EU's leadership in carbon regulation may inspire similar policies in other regions, ultimately contributing to a more uniform and widespread effort toward mitigating climate change.

Resources

1. CBAM Overview by European Commission

2. CBAM Update by Loyens & Loeff

European Market Opportunities — Spanish Automobile and Parts Industry

Overview of the Automotive Industry

Spain is a country with the largest automobile production in Europe after Germany. In 2023, the output value of the country’s automobile industry was USD156 billion, accounting for 10.2% of Spain's GDP. This output value (including whole vehicles and components) accounted for 18.1% of its exports. The automobile production volume was 2.45 million units (including 40 new car models and 22 EV models), ranking 9th in the world. There are 9 world-leading car manufacturers, 17 assembly plants and 15 R&D centers in Spain. The automobile industry clusters there include Santander (Mercedes-Benz, Nissan), Vigo (Opel, Fiat, Stellantis), Palencia (Renault), Valladolid (Renault, Mitsubishi, Iveco), Victoria (Seat), Pamplona (Audi, Opel, etc.), Avila (Nissan), Zaragoza (Opel, Citroën, Stellantis, etc.), Barcelona (Seat, Audi, etc.), Madrid (Iveco, Citroën, Stellantis, etc.), Valencia (Ford), Sevilla (Renault, etc.). In addition to being sold domestically in Spain, 89.8% of the assembled vehicles and 60.2% of the components (more than 1,600 manufacturers in the supply chain, with an output value of USD 41.95 billion) are exported. In addition to being sold to major EU countries, they are also sold to Turkey, Morocco, Egypt, the U.S., UAE and other countries. The Spanish automobile industry employs more than 2 million people and occupies a very important position in Spain's manufacturing industry.

Current Status of Spanish Automobile Production and Sales

Automobile

According to the data from the Spanish Automobile and Truck Manufacturers Association (ANFAC), Spanish vehicle production totalled 2.45 million units in 2023, an increase of 10.4%. Despite this, it has not recovered to the pre-pandemic level of 2.5 million vehicles.

In 2023, Spain's automobile production was still dominated by conventional gasoline vehicles, accounting for 54.8%, where diesel vehicles accounted for 24.4%, and EVs accounted for 13.2% (323,255 units), a growth of 21.3%, of which pure EVs (BEV) were 157,751 units (accounting for 6.4%), an increase of 24.2%, and plug-in hybrid EVs (PHEV) were 165,504 units (accounting

for 6.8%), an increase of 18.7%. In 2023, Spanish automobile export sales totaled 2.2 million and 1,802 units, an increase of 13.9%, equivalent to 9 out of every 10 cars produced in Spain being exported. The EU is Spain's main export destination, accounting for 90% of total export sales and growing by 13.4%. The top five destinations for Spain’s automobile exports are France, Germany, the UK, Italy and Turkey, in order. Figure 1 is the Spanish automobile production forecast.

According to the association’s report, Spanish car sales in June 2024 were 123,068 units, an increase of 3.23%, among which the sales of alternative energy vehicles (including BEV+EREV, PHEV, natural gas vehicles, hybrid EVs and FCEV) were 52,214 units, an increase of 11.4%. From January to June 2024, the cumulative sales of automobiles were 640,857 units, an increase of 7.83%, of which the sales of alternative energy vehicles were 270,129 units, an increase of 18.4%.

Although the overall automobile sales showed a growth trend, the sales of EVs (BEV and PHEV) in June 2024 were only 11,658 units, a decrease of 11.47%. The cumulative sales in the first half of 2024 were 60,734 units, a decrease of 1.5%. If we look at the policy goals of Spain’s climate change and energy transformation law (PNIEC), the Spanish EVs and plug-in hybrid vehicles were expected to reach 280,000 units in 2024. The current sales status varies a lot from the government’s goals, and the EV promotion goal could miss the set mark.

Parts and Components

Despite the turbulence of the global economic situation and the uncertainty in EV transformation, the Spanish automotive parts industry still has competitiveness, with an output value of USD41.95 billion in 2023, an increase of 16.8% compared with 2022. In addition to the rapid growth of marketing due to industrial development, it is also related to the rising costs of raw materials, energy, logistics, labor and prices. The Spanish export value of parts and components in 2023 was USD26.73 billion, an increase of 14.7% compared with 2022, and the export revenue accounted for approximately 63.7% of the industry's total revenue. The domestic market value was USD15.22 billion, of which USD12.02 billion supplied the assembly needs of various car manufacturers, and USD3.2 billion was for domestic components repair and replacement.

The global automotive industry is accelerating electrification, and lowering manufacturing costs of the EV industry as well as the pressure from product competitiveness. The Spanish auto parts industry association predicted that the automotive parts industry would still grow by 2.8% in 2024 compared with 2023. In addition, Spanish government policy incentives and European funds will also be critical key factors in supporting the development of the automotive parts industry. Figure 2 is a forecast of Spanish auto parts output value.

New Energy and EV Industry Development

The Spanish government has implemented an EV industry incentive plan since 2019, providing subsidies for the construction of charging stations and consumers' purchase of EVs. At the end of 2023, the Spanish government allocated an additional USD1.3 billion to extend the incentive program to mid-2024. In 2021, the Spanish government approved an economic recovery and strategic transformation project for the development of EVs and supporting networks, which was supported by the EU Recovery Plan. The USD2.5 billion funds for the first phase will be provided by more than 550 companies. Another focus of the project is to provide USD6.6 billion in funds to invest in battery production and promote the development of the EV industry value chain. Spain has abundant solar and wind energy resources, and cities such as Barcelona have convenient transportation and have significant advantages in developing the EV industry.

1. Spanish Automobile Production Forecast

1. Spanish Automobile Production Forecast

2. Forecast of Spanish Automotive Component Output Value

2. Forecast of Spanish Automotive Component Output Value

Stellantis Group has invested more than USD1.1 billion to produce small EVs in Zaragoza and Vigo, Spain. It plans to start mass production in 2025. It will introduce the "STLA Small" production platform to promote the electrification of the manufacturing process, which will ensure a 10-year sustainable development for the carmaker.

Figure

Figure

Figure

The 2015 Paris Agreement represents the determination of all countries around the world to curb global warming. The European Commission issued the package proposal "Clean Energy for All Europeans" at the end of November 2016 to ensure compliance with the Paris Agreement. The Spanish government realizes that it needs to reduce its dependence on fossil fuels in order to effectively reduce greenhouse gas emissions. The relevant measures proposed to the transportation authorities are urgent and have set a target of putting 5 million EVs on roads by 2030.

The Spanish government has successively launched relevant plans to encourage people replace conventional fuel vehicles with EVs and install EV charging infrastructure. The MOVES program was launched in February 2019 and is managed by the Institute for Energy Diversification and Energy Efficiency (IDAE). The funding is cofinanced by the European Regional Development Fund (ERDF) within the Spanish Multiregional Operational Plan (POPE) 2014-2020. The total budget of the MOVES project is USD49.5 million, which is allocated to autonomous regions according to population size. Each autonomous region’s budget allocation must meet the requirements of 20% to 50% for vehicle purchase subsidies, and 30% to 60% for the construction of infrastructure such as charging systems (of which at least 50% will be used for fast or ultra-fast charging stations), 5% to 20% for financing loan services, and the remainder for supporting transportation plans.

In order to encourage the development of the EV industry, Spain has implemented vehicle purchase subsidies to encourage replacement of old vehicles with new ones. The subsidies are applicable to individuals, legal persons, enterprises, administrative agencies, etc. The policy requires the replacement of M1 vehicles that are more than 10 years old or N1 vehicles that are more than 7 years old. The MOVES program provides different subsidies for personal and enterprise versions for purchase of new energy vehicles. Take the general public as an example, if you purchase a new M1 or N1 vehicle and keep it for more than one year, you can receive subsidies ranging from USD1,430 to USD6,600 depending on electric mileage, and the manufacturer or dealer must provide at least USD1,100 or more discount offers.

Focused on Catalonia, Spain is Becoming the New Energy Vehicle Manufacturing Center in Europe

In 2022, German VW Group launched a massive investment overseas. According to its EV layout plan, VW prepares to invest at least 33 billion euros globally, of which nearly one-third (or 10.6 billion euros) is for Spain. This capital will be used at a critical moment when the automotive industry is facing a major change. Its weight and use undoubtedly have an important strategic value.

Catalonia is a hotspot for investment by German automobile manufacturers in Spain. As a major automobile industry hub in Spain, Catalonia has a complete automobile industry chain. According to Catalonia’s official statistics, there are more than 350 local companies, accounting for 21.8% of the total number of Spanish automobile companies, forming a strong industrial agglomeration efficacy.

Catalonia Becomes the Center of Focus

Catalonia is the most economically prosperous region in Spain. Catalonia only accounts for 15% of the country's population, but its total output value accounts for 20% and exports account for 25%.

Because new energy vehicles present an industrial division of labor completely different from conventional vehicles in terms of energy sources and intelligence, the global automobile industry is facing a reshuffle. Major conventional automobile brands have adjusted their strategies and laid out their plans in advance, which has also brought about major changes in the global automobile industry landscape.

In the process of adjustment, Spain is not only favored by Western industries and investors such as Germany. The complete automobile industry chain and marketing network are the top factors that attract investment from manufacturers from various countries, and the focus of various countries is particularly concentrated on Catalonia. International automobile brands are using Spain and Catalonia as the entrance to the European market and production bases, and are vigorously developing there.

The Spanish government announced the MOVEA initiative (Plan to Boost Mobility with Alternative Energy Vehicles) to increase the research, development and sales of new energy vehicles through subsidies. The MOVEA initiative has been modified in several versions, focusing on providing subsidies for electric transportation. EVs in Spain have generally benefited from this plan, and the application of EVs in Catalonia has achieved greater development.

Conclusions and Suggestions

For a long time, Taiwan has focused on the European and North American markets but paid less attention to Spain. Its import and export of auto parts with Spain, in terms of value, type and quantity, is much smaller than with the other European and North American markets. Spanish automobile assembly technology and components manufacturing technology are mostly derived from leading international manufacturers. Taiwan has technical advantages in manufacturing high precision and cost competitive dies and fixtures. Spanish automobile manufacturing automation happened early, and it has accumulated many years of collaboration with international leading manufacturers. Spain has a vast market in Europe, and its manufacturing technology and production capacity are bigger than Taiwan. However in recent years, due to changes in industrial structure and economic development, Spain has experienced high unemployment and stagnant domestic demand. There is room for complementary industries in fasteners, precision stamped parts, rubber and plastic injection molding relevant to the automobile industry. Spain, located in Western Europe, is close to Africa. Geographically, it can be regarded as a springboard for Taiwanese manufacturers to enter Europe and even the emerging African market. These manufacturers can make contact with Spanish manufacturers and attend international exhibitions to expand visibility and demonstrate competitive edges to gain business opportunities.

Copyright owned by Fastener World Article by James Hsiao

India- A Lucrative Market for Fastening Tool Suppliers?

Market Overview

The Indian fastening tools market is experiencing significant growth, driven by the expansion of construction and manufacturing sectors. Fastening power tools, such as drills, screwdrivers, and impact wrenches, are widely used in construction, woodworking, automotive, and other applications to provide secure and efficient fastening solutions.

Growth Drivers

1. Infrastructure Development

The Indian government's focus on infrastructure projects, including the construction of highways, smart cities, and urban development, has led to an increased demand for construction equipment and tools. Fastening tools are integral to these projects, ensuring efficient and secure assembly of structures.

■ Highways: Market size. National highway construction in India increased at 9.3% CAGR between FY16-FY24. In FY24 approximately 12,349 km of National Highways have been constructed. Despite the pandemic and lockdown, India has constructed 10,457 km of highways in FY22.

■ Bridges: India’s bridge infrastructure market is expected to observe a CAGR of 6.21% during the forecast period FY2025- FY2032, rising from USD 42.16 billion in FY2024 to USD 68.26 billion in FY2032.

1https://www.ibef.org/industry/roads-india#:~:text=Market%20size,km%20of%20highways%20in%20FY22.

2https://www.marketsandata.com/industry-reports/india-bridge-infrastructure-market

■ Smart Cities: In 2020, over two thousand projects worth nearly five billion U.S. dollars were completed within India's smart cities mission initiative. Over five thousand projects worth nearly 25 billion U.S. dollars had been tendered and around 4,500 projects worth nearly 20 billion U.S. dollars were ongoing. India’s smart cities market size is anticipated to grow at a CAGR of 17.4% during 2024-2030.

2. Manufacturing Sector Expansion

India's "Make in India" initiative aims to transform the country into a global manufacturing hub. This has attracted significant foreign direct investment (FDI) and led to the establishment of numerous manufacturing units, thereby increasing the demand for industrial tools, including fastening tools.

3https://www.statista.com/statistics/1232523/india-value-of-smart-cities-mission-projects-by-status/#:~:text=In%202020%2C%20over%20two%20thousand,billion%20U.S.%20dollars%20were%20ongoing.

4https://www.globenewswire.com/news-release/2024/07/16/2913625/0/en/India-Smart-Cities-Market-Report-2024-2030-Value-Analysis-Growth-Share-Forecasts-Industry-Trends-Companies-Revenue.html

Copyright owned by Fastener World / Article by Behrooz Lotfian

■ India's manufacturing sector has shown a mix of growth and decline over recent years, with data measured in current U.S. dollars highlighting notable trends. In 2023, India's manufacturing output reached US$455.77 billion, reflecting a 3.57% increase from 2022. This followed a slight contraction in 2022, where output dropped to US$440.06 billion, marking a 3.36% decline from US$455.36 billion recorded in 2021. Notably, 2021 saw a remarkable recovery with a 20.56% increase from 2020, demonstrating resilience after pandemic-related disruptions. During FY 2022-23, the manufacturing sector recorded an annual production growth rate of 4.7%, contributing 17% to the nation’s GDP and employing 57.3 million workers. These figures underscore the critical role of manufacturing in driving India’s economic growth and employment, despite periodic challenges.

3. Automotive Industry Growth

India is emerging as one of the largest automotive markets globally. The production and assembly of vehicles require a variety of fastening tools, contributing to the market's expansion. India's car production in 2024 showcased resilience amid global economic fluctuations. According to the data from Trading Economics, the car production in India decreased to 151,538 units in February 2024 from 171,437 units in January 2024. The average car production from 1991 to 2024 was approximately 129,553 units, indicating a general upward trend over the decades.

4. Technological Advancements

The advent of IoT, artificial intelligence, and machine learning has transformed the industrial space in India, leading to the adoption of advanced fastening tools that offer precision and efficiency. India’s production of electronics grew from US$49 billion in 2016-2017 to US$87.1 billion in 2021-2022 and is projected to reach US$300 billion by 2026. India’s semiconductor market is projected to reach US$109 billion in 2030 from US$15 billion in 2020.

Trade Size

Analysis of Export to India (2019–2023)

The total global export to India shows fluctuations over the years but has largely recovered to pre-2020 levels. Here's a detailed breakdown:

3. South Korea

■ Exports declined sharply from 209,270 thousand USD in 2019 to 113,534 thousand USD in 2023.

■ In 2019, it held the largest share (34.1%) of India’s imports. However, by 2023, this dropped to 20.4%, reflecting a 13.7% reduction in its share.

This decline could suggest challenges in maintaining competitiveness or the rise of other players like China capturing South Korea’s market share. This indicates a significant loss in the market share and a consistent downward trend.

1. World

■ Export values decreased significantly from 612,907 thousand USD in 2019 to 487,453 thousand USD in 2020 likely due to the global impact of COVID-19.

■ Exports recovered slightly in 2021 and stabilized around 550,000 thousand USD in 2022 and 2023.

2. China

■ Exports grew substantially from 90,747 thousand USD in 2019 to 173,649 thousand USD in 2023, marking a strong upward trend.

■ In 2019, it contributed 14.8% of India’s total imports from the world. By 2023, this rose significantly to 31.2%, indicating a more than twofold increase in the market share over the five years.

This steady growth highlights China’s increasing dominance as India’s key trade partner. Key factors driving this could be competitive pricing, a diverse product range, and China's focus on strengthening trade relations with India. Market share within total global exports increased notably.

4. Japan

■ Exports decreased from 98,299 thousand USD in 2019 to 60,280 thousand USD in 2020 but recovered slightly to 88,943 thousand USD in 2022. However, a drop in 2023 to 77,634 thousand USD shows inconsistency.

■ In 2019, Japan accounted for 16.0% of India’s imports. While it dipped to 12.4% in 2020, the share rebounded to 16.1% in 2022 before slightly declining again to 13.9% in 2023.

Japan’s fluctuations suggest dependence on specific industries, with no significant long-term growth in the market share compared to its competitors. Its market share remains moderate with limited growth.

5. Germany

■ Exports initially dropped from 52,928 thousand USD in 2019 to 44,323 thousand USD in 2020 but grew steadily afterward, reaching 63,866 thousand USD in 2023.

5https://www.macrotrends.net/global-metrics/countries/ind/india/manufacturing-output#:~:text=Data%20are%20in%20current%20U.S.,a%2020.56%25%20increase%20from%202020.

6https://www.india-briefing.com/news/india-manufacturing-tracker-2024-25-33968.html/ 7https://tradingeconomics.com/india/car-production

8https://www.trade.gov/country-commercial-guides/india-information-and-communication-technology#:~:text=India's%20production%20of%20electronics%20grew,from%20%2415%20billion%20in%202020.

■ In 2019, it held an 8.6% share of India’s imports, which increased to 11.5% by 2023. While the growth is slower compared to China, Germany has maintained a consistent upward trajectory.

This growth could be attributed to high-quality exports, reliability, and targeted efforts to expand trade with India. Germany shows resilience and a small but steady market share increase.

Analysis of Import from India (2019–2023)

The total global import from India shows growth over the years, with some

1. World

■ Imports declined slightly during 2020 but grew from 222,738 thousand USD to 315,362 thousand USD in 2022 before stabilizing at 313,083 thousand USD in 2023.

■ This reflects a healthy recovery and sustained demand.

2. USA

■ Imports steadily increased from 39,999 thousand USD in 2019 to 71,275 thousand USD in 2023.

■ In 2019, it accounted for 15.7% of India’s exports to the world. By 2023, this share had risen to 22.8%, marking a 7.1% increase over the five years.

U.S. consistent growth reflects its strong economic ties with India and rising demand for Indian goods, likely driven by Indian exports in IT, pharmaceuticals, and textiles. The US shows consistent growth and an increasing share of imports from India.

3. Germany

■ Imports saw a sharp decline in 2020 but recovered to 30,277 thousand USD in 2022, followed by a small drop to 28,379 thousand USD in 2023.

■ In 2019, it held a 10.3% share, but by 2023, it reduced to 9.1%, showing a 1.2% drop.

Despite its long-standing trade partnership with India, the decline suggests either stronger competition from other markets or shifts in trade preferences. Germany's market share remains stable but without significant growth.

4. Australia

■ Imports stayed relatively flat, with minor fluctuations, growing from 16,539 thousand USD in 2019 to 20,687 thousand USD in 2021 before falling back to 18,703 thousand USD in 2023.

■ It accounted for 6.5% in 2019 but dropped marginally to 6.0% in 2023.

This indicates a lack of significant growth or diversification in India-Australia trade relations. This reflects limited engagement with Indian exports.

5. Netherlands

■ Imports fell from 21,191 thousand USD in 2019 to 13,761

thousand USD in 2020 but recovered somewhat to 20,116 thousand USD in 2022. However, a drop to 17,898 thousand USD in 2023 shows volatility.

■ In 2019, it held an 8.3% share of India’s exports, but by 2023, this dropped to 5.7%, reflecting a 2.6% decrease over the years.

This drop could be attributed to the Netherlands losing out to stronger competitors like the U.S. or reduced import demand from Indian exporters. The Netherlands displayed inconsistency in trade with India.

Conclusion

The Indian fastening tools market is a dynamic blend of domestic and international players. While global companies bring advanced technologies and superior-quality products, local manufacturers focus on cost-effectiveness and deep knowledge of regional market needs. However, the market faces several key challenges:

1. Price Sensitivity: India’s highly price-sensitive market can be a barrier for premium international brands.

2. Counterfeit Products: The widespread availability of counterfeit and low-quality products undermines genuine brands and poses safety risks.

3. Distribution Network: Establishing an efficient distribution network across India's vast and diverse geography remains a significant challenge for new entrants.

Despite these challenges, the future of the fastening tools market in India is promising, driven by several growth factors:

■ Urbanization: Rapid urbanization is fuelling construction activities, leading to increased demand for fastening tools.

■ Industrial Automation: The adoption of automation in manufacturing processes is creating demand for advanced fastening tools compatible with automated systems.

■ Government Initiatives: Policies promoting industrial growth and infrastructure development are unlocking opportunities for fastening tool suppliers.

With robust growth in construction, manufacturing, and the automotive sectors, alongside supportive government initiatives and technological advancements, India stands out as a lucrative market for global fastening tool suppliers. To seize this opportunity, companies must address challenges like price sensitivity and distribution complexities by adopting strategies tailored to the unique dynamics of the Indian market.

年度更新：盤點世界扣件龍頭企業減碳進度

2024 Update: Global Fastener Leaders’ Carbon Reduction Progress

This article focuses on carbon emission statistics and carbon reduction strategies. First, it examines carbon emissions from prominent public companies in the fastener industry across the United States, Europe, Japan, and India. It gathers carbon emission data from their latest published ESG reports and organizes the data into separate tables to provide insights into their emission volumes and target-setting efforts. These tables categorize emissions as follows: Scope 1 includes direct emissions from a company’s manufacturing processes, facilities, and transportation; Scope 2 covers indirect emissions from purchased energy; Scope 3 encompasses all other indirect emissions throughout the external supply chain, including those from business travel and product life cycles. It also presents the total carbon emissions for each company.

Furthermore, it outlines various carbon reduction measures implemented by these companies, with an emphasis on unique approaches. This focus on distinctive methods aims to inspire readers to brainstorm and foster discussions on innovative solutions for carbon reduction.

U.S.

2024 Update: Global Fastener Leaders’ Carbon Reduction Progress

• Its Lacey, Washington distribution center used 100% wind energy in 2023.

• Participate in the EPA’s Green Power Partnership to purchase and use solar and wind energy within its distribution centers and manufacturing locations.

• 11 of its 15 North American distribution centers are equipped with ASRS (high-density automated storage and retrieval systems) to increase throughput while optimizing space, maximizing 'Sales Per Square Foot'.

• In-house transportation network (movement of goods from one location to the other of the same company) allows to control the movement of materials across much of the supply chain.

• Invest in the latest vehicle technology and by working to optimize routes, loads, and efficiency at every mile.

• Regularly review the latest fuel efficiency and safety options. Sell and replace a large portion of fleet annually. Ordering vehicles equipped with embedded telematics, which will provide local managers with visibility to the vehicles’ fuel consumption and related data such as idling time, speed, and acceleration.

• Use geographic information systems (GIS) to map the most efficient truck routes. Analyze departure and arrival schedules to minimize delays caused by traffic in metro areas. Optimize load configuration to minimize non-utilized capacity. Back-haul freight from suppliers and also customers to minimize oneway or "deadhead" loads.

• Remove standardized (non-market-specific) inventory, reduce or remove walk-in shopping space, and use that square-footage to install high density vertical shelving. Implement "pick modules" to create a second floor of warehousing space, supporting thousands of additional products within the existing building.

• Create a less packaging-intensive distribution system, reduce the use of cardboard, wood, plastic, and other shipping/packaging materials, reduce unnecessary packaging.

• Partner with Trex to recycle used plastic wrap from distribution centers, transforming it into composite decking and preventing over 600,000 pounds of plastic waste from ending up in landfills in the first year of the program.

Emission

Achieve a 30 percent reduction by 2025 and a 50 percent reduction by 2030 compared to 2015 baseline. Net zero by 2050.

• Through EcoLum™, EcoSource™ and EcoDura™ products, it supplies lower carbon aluminum, lower carbon alumina and recycled aluminum made of pre-consumer scrap to customers.

• Engaged with Science-based Target initiative (SBTi) in defining decarbonization related disclosures and targets and will seek to join a SBTi’s expert advisory group.

• Purchased approximately 292 terajoules of natural gas per day and supplemented self-generated power with 3.1 gigawatts of purchased electricity.

• Construct alkaline water impoundments using a composite-base high-density polyethylene (HDPE) liner or geosynthetic (or natural) clay, and install a second HDPE layer above the geosynthetic clay, as well as an underdrain piping system, which removes water from the bauxite residue more efficiently and reduces water pressure on the liner. This reduces the risk of alkaline water leaking into the groundwater.

• At sites where its mines operate within forest ecosystems, rehabilitation is focused on returning native vegetation to the habitat.

• The smelter in Deschambault has adopted a zero-water discharge system by recycling the water used in its processes and relying only on collected rainwater and snowmelt for the remainder of its water needs.

TriMas

combined Scopes 1 & 2 GHG emissions, and 45% reduction in water withdrawn by 2030.

• 100% of its locations that have industrial discharges have pretreatment systems to minimize pollutants sent to publicly owned treatment plants.

• Design products with recyclability and disassembly in mind, facilitating the recovery and reuse of valuable materials.

• 100% of its locations operate to the ISO 14001 Environmental Management System standard.

• Promote the use of the ISO 45001 Occupational Health and Safety Management Systems standard. Seek to operate to the ISO 50001 Energy Management System standard in its locations over time.

Unit: Million Metric Ton CO2e

Nucor Emission

• Utilize injection carbon in steelmaking operations to provide additional energy for melting materials in electric arc furnaces. Investigate supersonic injection methods to enhance the efficiency of this process, aiming to reduce the quantity of carbon material required per ton of steel.

• Partner with Helion Energy to develop a groundbreaking 500 MW fusion power plant that will supply zero-carbon electricity directly to one of Nucor's steelmaking facilities.

• Partner with NuScale Power to explore using small modular nuclear reactors (SMRs) as a clean energy source for its electric arc furnace steel mills.

Europe

1 and 2 greenhouse gas emissions by 50 percent by 2031. Net zero by 2040.

• Suppliers are required to reduce their own greenhouse gas emissions and to focus on recycling and reusing materials, as well as to provide environmentally relevant certificates.

• Discussions are underway regarding the introduction of sustainable product lines to reduce the emissions of purchased products. These products would be made from green steel.

• Retrofit the headquarters building in 2024 and enlarge the percentage of renewable electricity.

• Prepare factsheets for warehouse managers containing information on the selection of suitable materials. Packaging should increasingly consist of reusable or biodegradable materials. When adding new products to the catalog in the future, a stronger focus will be placed on waste and recyclable materials.

• Bossard Germany’s new film packaging is made 80 percent from recycled material. Stretch film optimization was successful, reducing packaging costs and cutting annual carbon emissions by approximately 2,530 kg.

• Focus on a climate strategy centered around the countries with the highest emissions to mitigate the risks of climate change.

• Self-develop Corporate Carbon Footprint tool (CCF tool), a group-wide Excel tool for calculating climate footprint. Build a groupwide “climate management” digital training program for employees, broken down into five modules: climate basics, historical development, difference between CO2 and CO2e, climate footprints calculation, three scopes of the Greenhouse Gas Protocol in detail and how to calculate them using the CCF tool.

• Introduce climate round table “Let's talk about CLIMATE” where around 100 climate experts from Würth Group companies around the world meet here every six weeks to deepen their knowledge of climate management and clear up any unresolved questions in an open discussion.

• A survey was conducted among warehouse managers to determine the most frequently used packaging and the share of recycled base materials. The results of this survey will be used to develop a packaging factsheet designed to promote the selection of environmentally friendly packaging materials.

• Bossard’s Supplier Code of Conduct requires suppliers to reduce emissions by recycling and reusing materials and products and by using environmentally friendly technologies. Suppliers also commit to handling waste responsibly. Regarding the handling, storage, disposal and transportation of chemicals, Bossard’s suppliers are required to comply with international laws and keep the use of chemicals and hazardous substances to a minimum.

• Install 810 solar panels with a capacity of 375 kWp, delivering an annual output of up to 320,000 kWh.

• Products have to be designed so that they can be separated easily into their individual components in order to ensure various possibilities for reuse. Reduce the use of primary materials and increase the use of secondary materials to reduce the climate footprint. Reroute products and materials away from the landfill so that they can be reused as secondary raw materials.

• Create material passport which ensures that product data remains transparent. It contains information about material, social, and technical compliance, discloses the product components and their material properties up and down the supply chain, and includes indicators such as origin, toxicity of ingredients, and share of recycled materials.

• Würth Austria decided to establish a reuseable box system. The folding boxes can be palletized automatically, and the lids of the boxes can also be used as wrap-around packaging that, when combined with a securing strap, replaces the film wrapping of pallets.

• Potential future suppliers are checked for potential risks before a business relationship is established. The supplier auditor network audits and develops suppliers across the globe.

Bossard Emission

Würth Emission Unit: Metric

• Acquired 86.18 points in ESG rating (Top 10%).

• Submitted the first of the quarterly reports required by the initial phase of the regulation during FY24, relating to the quarter ended 31 December 2023.

• Waste and water continue to be managed through the ISO 14001 certification. Water consumption across the group has reduced 12% compared to the previous year. Commitment to reach global coverage by FY26.

• Total energy use in FY24 was 18,769,707 kWh. Electricity makes up just over half of this, with the remainder being natural gas, oil, LPG used for space heating and transport fuel.

Scopes 1 and 2 emissions: 2,676 tCO2e, down 67.20% from 2019 baseline.

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

• Invest in product development and work with automotive customers to meet or exceed the proposed ELV (end of life vehicles) Directive which will require all plastic components in motor vehicles to contain a minimum of 25% recycled content by 2030.

• Use lead-free machining steels and materials which do not need heat treatment or coating to reduce carbon footprint and water usage. Enable manufacture through cold forming instead of machining to reduce the amount of waste of material from 60% to 5%.

• Require Approved Vendor List suppliers to implement Quality & Sustainability Agreement and Slavery & Human Trafficking Statement and provide declarations of compliance as part of the assessment process.

• No environmental controversies and no direct or accidental oil spillages in FY24.

SFS Group Emission

• Joined the “Science Based Targets initiative (SBTi)”.

• Increased the share of self-generated electricity in the year under review and installed two new photovoltaic systems. Increased the share of self-generated electricity groupwide by 26.9% compared with the previous year.

• A wind turbine is to be built on SFS’s premises which should generate 5 GWh of electricity per year, which is roughly equivalent to the consumption of 1,300 households.

• Employees in Hungary have insulated 20 pieces of machinery to utilize heat produced during the machinery’s uptime. The thermal insulation blanket now enveloping the machine has been able to shorten the machine’s warm-up period and cut energy consumption for each

insulated machine by around 10%.

• Many forklifts still run on acid batteries or fossil fuels. At the Türkiye site, decision-makers opted last year to switch to newer models with lithium-ion batteries.

• All production halls at the Switzerland location have switched to energy-efficient LED lighting.

• Products are evaluated according to whether their materials are recyclable, whether the design is as light as possible and whether they take environmental requirements, such as those relating to hazardous substances, into account.

Norma Emission

Unit: Metric Ton CO2e

• As of December 31, 2023, 92% (23 of 25) of its manufacturing sites were certified according to ISO 14001, audited regularly every three years by external specialists.

• Develop quick connectors and thermal management systems which optimize the cooling and heating of batteries, as well as the complex power electronics, the drivetrain and other subsystems of EVs.

• Purchase “Energy Attribute Certificates”. For each megawatt hour consumed at each production site, a certificate is available which proves that the electricity was obtained from renewable energies.

• Solar panels were installed in China to reduce energy consumption and Group-wide ESG software has been introduced for general energy consumption management. Energy consumption is monitored on a monthly basis.

• Install water meters to monitor water consumption and modify certain production machines to reduce water consumption.

• Plastic waste is reintroduced into the manufacturing process as far as possible, depending on the type of plastic and reasonable costs. A certain portion of the resulting plastic waste is regranulated. Uses recycled and bio-based plastic materials in series production.

• Used water is reprocessed in its own plants and returned to the operating process, particularly in production areas that require a substantial amount of water. In some cases, the production units work with closed water circuits.

India

(Scope 1 and Scope 2) in stages by 2030.

• Steel scrap and plastic are recycled at all sites. Use reusable transport containers.

• Use separate, safe disposal channels for each type of waste. The selected disposal companies are regularly audited. Where technically possible and sensible, closed cycles and reprocessing plants reduce the consumption of valuable new raw materials to a minimum.

• Maintain vast green belt areas of about 132 acres with more than 34,000 trees and more than 120 varieties of trees and plant species.

• Conduct annual supplier audits whose scope covers quality issues, system adherence, and manufacturing process.

• A well-established supplier rating system that provides ratings to its suppliers based on the criteria such as delivery and quality performance. Suppliers are classified at levels based on the scoring obtained.

• Currently developing a Supplier code of conduct based on the UNGC (United Nations Global Compact) principles.

• Implement use of electric forklifts instead of diesel counterparts to reduce diesel consumption.

• Planning to enhance the percentage of renewable energy consumption by solar power through rooftop solar plants and wind power.

• Implemented Zero Liquid Discharge across most of its business units, able to maximize recovery of water, reducing water withdrawal.

• Used oil is reclaimed from the processes and centrifuged to separate the residue and the oil. The oil is used back in the processes.

• Adopted the ISO 14001 environment management system. Certified across all the business units.

Vossloh Emission

• Nearly halved the number of commercial vehicles in its possession, which was 237 in 2009, to 111 in March 2024 by reviewing surplus vehicles, sharing company-owned vehicles, using rental cars or car-sharing, and promoting the use of public transportation.

• Reuse cardboard boxes for packaging and use returnable boxes.

• Set a final landfill rate target of 1.2% or less and switched to industrial waste disposal contractors with higher recycling capabilities.

• Boost sales of eco-products. Currently developing products that use activated carbon (a material with countless minute holes) from bamboo as odor filters to contribute to the social problem of bamboo damage and CO2 emissions reduction. The process of making activated carbon from bamboo utilizes the CO2 thermal energy, resulting in zero CO2 emissions.

• Introduce “Renewable Energy ECO Plan” that makes use of Kansai Electric Power Company's renewable non-fossil fuel certificates for electricity consumption (about 1,050 MWh per year), reducing CO2 emissions by 396 tons per year.

• Established and released “TECHNO ASSOCIE Environmental Standards”. Request understanding and compliance from suppliers.

Copyright owned by Fastener World

Article by Dean Tseng

Updated on Dec. 5, 2024

Car Production 2024印度汽車產銷概況

Introduction

India, home to 1.4 billion people, stands as one of the world's most populous nations and a key player in the global economy. With a GDP (PPP) of US$11.9 trillion and a robust 7.2% growth in 2022, the nation showcases its resilience and potential. Over the past five years, India has maintained an average growth rate of 4.2%, with a per capita GDP of US$8,398, highlighting its evolving consumer market.

Despite challenges, such as a 6.0% unemployment rate and 6.7% inflation, India's economy continues to attract global attention. In 2022, Foreign Direct Investment (FDI) inflow reached an impressive US$49.4 billion, reflecting growing confidence in India's market potential. However, with public debt at 81.0% of GDP, fiscal sustainability remains a priority.

This economic backdrop sets the stage for India’s car market, an industry poised to leverage the country's vast population, increasing purchasing power, and expanding global trade connections.

India's Car Production Statistics

· Yearly Growth Analysis

In 2022, the total car production was 3,901,332 units. In 2023, production rose significantly to 4,217,122 units, marking an 8.1% year-on-year (YoY) growth. This growth was driven by higher production in the first quarter of 2023 and consistent performance during the festive months.

However, in 2024, despite strong numbers in the first half, the total production (up to November) stood at 4,096,866 units. This

suggests a potential decline of around 2.8% compared to the full-year production of 2023. While the early months of 2024 showed robust growth, the production in the second half of 2024 did not maintain the same momentum as the corresponding period in 2023.

· Monthly Analysis of 2022-2024 Car Production

In 2022, car production exhibited significant fluctuations throughout the year. January 2022 began with 310,334 units, and the highest production was recorded in September 2022 at 372,126 units. The lowest production occurred in December 2022 with 283,028 units. The average monthly production for 2022 was approximately 325,944 units. The year saw steady growth during the festive season (September-October) but ended with a notable decline in December.

In 2023, production showed a noticeable increase across most months compared to 2022. January 2023 started strong with 375,940 units, reflecting a 21% increase compared to January 2022. Production peaked in October 2023 at 382,395 units. However, December 2023 recorded a decline to 293,344 units, though it still showed an improvement of 3.6% over December 2022. Monthly production in 2023 averaged 351,427 units, a clear indication of growth over the previous year.

For 2024, car production began at 417,948 units in January, representing a robust 11.2% increase compared to January 2023. However, monthly production showed variations throughout the year. February 2024 reached 386,741 units, which was higher than the previous two years for the same month. Production peaked in July 2024 at 397,854 units before stabilizing in the latter months, with November 2024 recording 351,499 units. Despite this, the absence of December 2024 data makes it challenging to assess the year-end performance.

· Growth and Decline Trends

Comparing monthly trends, the January-to-March quarter in 2024 demonstrated a strong YoY growth over 2023, with production figures consistently higher each month.

For instance, January 2024’s production of 417,948 units represented an 11% YoY growth over January 2023. Similarly, February 2024's 386,741 units marked a 14.5% growth compared to February 2023. However, growth began to slow in the middle of the year, with May 2024 showing only a 7% increase over May 2023.

The second half of 2024 exhibited signs of stagnation, particularly from August onwards. August 2024’s production of 376,726 units represented just a 0.7% increase compared to August 2023. September 2024 even recorded a slight decline of 3.4% compared to the same month in 2023. This trend suggests that while the first half of 2024 was marked by growth, the latter months struggled to sustain momentum, potentially due to macroeconomic factors or supply chain disruptions.

Sales Performance

The Indian automotive market exhibited moderate growth in 2024. Focus2Move reported that car sales in November 2024 totalled 351,668 units, marking a 3.2% increase compared to the same period in the previous year. Year-to-date figures stood at 4 million units, reflecting a 3.4% growth.

Maruti Suzuki maintained its leadership position with approximately 1.6 million passenger cars sold across India in the financial year 2024, followed by Hyundai and Tata Motors.

Market Trends and Consumer Preferences

A significant trend in 2024 was the increasing consumer preference for SUVs over small cars. In October 2024, major carmakers reported a surge in SUV sales, coinciding with the festive season. Maruti Suzuki's SUV sales rose by 19.4%, achieving record highs, while Mahindra & Mahindra reported a 25% increase in SUV sales, marking its highest monthly sales in the fiscal year. Hyundai Motor India also achieved its highest-ever monthly SUV sales at 37,902 units.

Conversely, sales of small cars continued to decline. In September 2024, Maruti Suzuki and Tata Motors experienced declines in dealer sales by 3.9% and 8%, respectively, attributed to the slowing demand for smaller vehicles.

Electric and Hybrid Vehicles

India's ambition to have electric vehicles (EVs) account for 30% of new car sales by 2030 faced challenges in 2024. While EV sales rose by about 7% in the first eight months of the year, hybrid vehicles saw a 20% increase, overshadowing EV growth. The lack of sufficient charging infrastructure and favorable policies for hybrids contributed to this trend. Consequently, EVs represented only 2.5% of new car sales in the first half of the year.

Conclusion

India's car production between 2022 and 2024 reflects a dynamic landscape of growth, recovery, and challenges. With an 8.1% YoY growth in 2023 and a slight decline anticipated in 2024, the industry is poised for further evaluation of its production strategies to maintain long-term growth. Automakers must focus on improving efficiency and addressing supply chain constraints to navigate the challenges and capitalize on future opportunities.

Over the three years, India’s automotive production demonstrated steady growth, with the total production increasing from 3.90 million units in 2022 to 4.21 million units in 2023, followed by a possible slight contraction in 2024. Key trends include:

• Post-pandemic Recovery: 2022 marked the recovery phase, as production levels improved significantly compared to the pandemic years.

• Peak Festive Demand: September and October consistently witnessed high production levels due to strong consumer demand during the festive season.

• Shift Toward Stabilization: While 2023 saw robust growth, 2024's production numbers suggest stabilization as the industry adjusts to new market dynamics and supply chain challenges.

1https://www.marklines.com/en/statistics/flash_prod/automotive-production-in-india-bymonth?utm_source=chatgpt.com#feb

2https://www.focus2move.com/indian-autos-market/?utm_source=chatgpt.com

3https://www.statista.com/statistics/1090709/india-car-sales-volume-by-oem/?utm_source=chatgpt.com

4https://www.reuters.com/business/autos-transportation/indias-mahindra-posts-25-jump-octcar-sales-dealers-festive-demand-2024-11-01/?utm_source=chatgpt.com

5https://www.reuters.com/business/autos-transportation/mahindra-leads-indian-carmakerssales-rebound-ahead-festive-season-tata-lags-2024-10-01/?utm_source=chatgpt.com

6https://www.reuters.com/breakingviews/india-takes-ev-goal-lengthy-hybrid-detour-2024-1120/?utm_source=chatgpt.com

Copyright owned by Fastener World

Article by Dr. Sharareh Shahidi Hamedani, UNITAR

Taiwan

Import

2024 Fastening Tools Statistics of &

in descending order according to weight of 2024

Source: Bureau of Foreign Trade (Taiwan)

In terms of imports, the main sources of Taiwan's hand-operated spanners and wrenches (HS 8204) in 2024 were China and Vietnam, which altogether accounted for about 5,700 tons, or more than 95% of the total imports in that year. Imports from Turkiye grew the most compared to 2023 (up to about 40%). Among the top 10 sources, India showed the largest decline of 73.36%; in terms of import value, imports from Turkiye showed the largest growth, while imports from India, Germany, Malaysia, and the United States showed the largest decline compared to 2023. Overall, the value and volume of Taiwan's imports from the world were still on a growing trend compared to 2023.

In terms of import volume, the two major sources of Taiwan's major hand tool (HS 8205) imports in 2024 were China and Vietnam, which altogether accounted for 8,361 tons, or nearly 95% of the total imports in 2024. Imports from Vietnam and Malaysia showed an increase of more than double or even triple compared to the same period in 2023, while imports from India and the U.S. decreased by 30-50%; in terms of the import value, Taiwan's imports in 2024 were roughly the same size as in 2023, with an increase of about 2.54%; however, imports from India decreased slightly by 2.57%, while imports from Germany and the US showed a decline of about 20-30%; and the volume of imports from the world grew by about 15%.

In terms of import volume, the two largest sources of Taiwan's interchangeable tools (HS 8207) in 2024 were China and Japan, with China alone accounting for more than 80% of the total import. Although Japan surpassed Vietnam to become the second largest supplier, it declined 13.58% compared to the same period of 2023. Other notable declines were seen in Germany, S. Korea and Italy. The steep rise in imports from Belgium is noteworthy; in terms of import value, imports from Japan showed mainly higher-value products. Imports from the Philippines and Belgium both showed significant increases in value; overall imports from the world grew somewhat in value and volume compared to 2023.

Export

HS 8204 Hand-Operated Spanners & Wrenches

Brazil Import

Source: Ministry of Industry, External Commerce and Service of Brazil in descending order according to weight of 2024

Spanners & Wrenches

Brazil’s hand-operated spanners and wrenches (HS 8204) were mainly imported from China, India and Taiwan. Taiwan's year-on-year performance in 2024 was more prominent than that of China or India, with a growth of nearly 60%. Import from Japan declined the most, down 65.74%, while Italy also showed a decline of about 6%; in terms of import value, only Japan among the top 10 showed a downward trend, the other countries showed double-digit growth from 2023 (except for Italy with 1.43%); the total import volume increased by 30.20% compared to 2023.

8205 Hand Tools, Blow Torches, Anvils

Brazil imported 93% of its hand tools (HS 8205) from China. India and Taiwan were also major sources of imports. However, the volumes of imports from India and Taiwan in 2024 showed a decrease of 8.48% and 21.32% respectively compared to 2023; in terms of import value, except for Hong Kong, Taiwan and Italy with a decrease, all other countries among the top 10 showed growth; and imports from the world showed a double-digit growth in both volume and value in 2024.

HS 8207 Interchangeable Tools for Hand Tools or Machine Tools

Brazil's imports of interchangeable hand tools (HS 8207) in 2024 were mainly from China, Japan and S. Korea, with the volume growth from Japan being the most significant among the top 3. The top 10 import sources all showed positive growth in volume compared to 2023; in terms of import value, Turkiye, Thailand and Japan's year-on-year performance was the best, only Italy, among the top 10 import sources showed negative growth; the total imports of value and volume both showed obvious signs of growth.

Export

HS 8204 Hand-Operated Spanners & Wrenches

Brazil's top 5 export destinations of hand-operated spanners and wrenches (HS 8204) in 2024 were mainly Paraguay, Bolivia, Peru, Argentina and Chile. Except for Peru and Chile, whose export volume grew by 65.74% and 30.43% respectively, the other three countries among the top 5 showed signs of decline. Export to Colombia showed an increasing trend, while its value of export showed the same sign; compared to 2023, the overall exports in terms of both value and volume declined by about 10%.

In terms of export volume of hand tools (HS 8205), the top 3 export destinations were Peru, Paraguay and Bolivia, with Peru accounting for about 1/4 of the total export volume. Compared with the data in 2023, the largest growth was the export to Dominica, while Bolivia and Argentina's exports decreased by over 40%; in terms of export value, the export to Colombia increased the most, while the export to Bolivia decreased the most. Interestingly, compared to 2023, the overall export volume in 2024 was roughly the same as in 2023, while the export value grew by over 100%.

HS 8205 Hand Tools, Blow Torches, Anvils

8207 Interchangeable Tools for Hand Tools or Machine Tools

In terms of export volume of interchangeable hand tools (HS 8207), the top 3 export destinations were the United States, Mexico and the Netherlands. Among the top 10 export partners, Guyana and Chile showed the most significant growth, while exports to Mexico and Argentina decreased the most; in terms of export value, the top 5 export partners (except for Chile) showed a decline, however, the Netherlands showed a smaller decline; in 2024, Brazil showed a decrease in export value and volume of 22.63% and 44%, respectively.

※To conclude, Brazil’s demand for major hand tool categories increased, but its exports generally declined.