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Fastener industry

Update: 2013-3-28
After the baptism of many trade relief, the domestic fastener production industry into a low development. According to statistics released by the Ministry of Commerce of China, after many years of continuous two digit growth, in 2012, Chinas fastener industry negative growth, down about 1.5%.
Experience Multi Country anti-dumping
At present, the global demand for fasteners mainly concentrated in North America, Western Europe and Asia, the three largest market, the annual demand for more than 10 billion u..
In recent years, the rapid development of Chinas fastener industry, the export volume of related products has continued to grow. However, large exports also allow enterprises to fall unfair competition excuse. China University of Political Science and Law international trade law expert Wu Changhai in an "Chinese trade news" interview with reporters, under normal circumstances, the export volume of a product is bigger, he brought our country possibility of anti-dumping litigation is also bigger.
In January 2009, the EU imposed anti-dumping duties on Chinese steel fasteners (excluding stainless steel) from 26.5% to 85%. In July of the same year, the Chinese side on the EUs anti-dumping measures against China to start the WTO dispute settlement procedures.
In July 2011, WTO finally ruled that China was in favour of a trade dispute with the European Union on the fastener.
Not only is the European Union, the United States also launched an attack to small fasteners. September 2009, the U.S. Department of Commerce and the U.S. International Trade Commission to determine the import of Chinas imports of fasteners products from the "double reverse" investigation. The United States offered evidence that China from the mainland and the region of Taiwan fastener manufacturers to produce standard products, such as steel bolts and nuts, cap screws, has received government subsidies, these products are being dumped in the United states.
At the same time, the United States domestic stakeholders claimed that the average proportion of imports from Chinas imports of goods was 145%, the average proportion of imports from China Taiwan imports of goods was 74%.
After a multi mediation and corporate defense, the United States to terminate the Chinese fastener products double reverse investigation.
After twists and turns, although the final victory China enterprises in related cases, but temporary punitive tariffs levied have decimated domestic enterprises.
In addition, Canada, Russia and other countries have also made an anti-dumping investigation on Chinas fastener, coupled with the impact of the financial crisis, Chinas fastener overseas sales situation is not optimistic.
Industry needs to be upgraded
It is reported that Jiangsu province is Chinese fastener products four production and export bases, 70% national fastener enterprises concentrated in Zhejiang, Jiangsu, Shanghai and Guangdong, fastener products has become small and medium-sized enterprise patent products, like buttons, the lighter is European Union, the United States and other developed markets selling products. It is reported that Chinas annual exports to the EU iron and steel fasteners about more than 600 million kg.
"In the repeated anti-dumping, countervailing investigation, the fastener industry has been no longer scenery. And other products, the price is not high, the EU, the United States said the dumping behavior is actually very difficult to appear." Jiangsu city of Jintan Province ordinary Standard Fasteners Co. Ltd. (hereinafter referred to as the common standard fasteners) market department staff said, "told reporters in 2013, the overall industry environment is better than last year, but still can not get rid of growth momentum."
In addition, China as a fastener exporter, in 2012 the market demand downturn in Europe and the United States, the industry had a negative growth, the domestic enterprises caused a major blow.
According to the regular standard fastener above staff introduction, the domestic fastener production situation is the low grade products flooding the leading market, high-grade, high precision, high strength fasteners have a small part still need to import. The ratio of the unit price and the export price of the imported products is about 6 times larger than that of the United States, Japan and South Korea, and Taiwan, China.
Faced with this situation, Zhejiang Wenzhou Ouhai fastener industry association secretary general Zhou Yanzhu said that at present, the domestic fastener industry need to upgrade as soon as possible, if not to understand the present situation, then the future will face more and more pressure of competition. At the same time, the fastener is known as "industrial rice", if the industry can not be improved production technology, the development of the domestic machinery industry will form a certain obstacle.
To remind the industry, compared with 2012, 2013, the pressure will China fastener industry slowdown, the domestic fastener enterprises should pay close attention to the domestic and international economic situation and policy direction; timely adjustment of product structure and marketing strategy according to market trends, create brand effect; research and development efforts to enhance value-added products; improve enterprise management level to improve the efficiency of the automatic production, enhance the competitiveness of enterprises, and actively carry out the transformation and upgrading of industries.


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Tel :0513-87956999 8795768
Fax:0513-87957089 Mobile:13901429661(qiangkun,he)