Trapped interior and out-of-doors fasteners enterprise fallen almost 50% of trade items

By Zou cheaponsale

Since the third quarter of last year, stranded outside the fastener industry, many companies stop production. More trouble this year, the European Union on the implementation of China's high level of anti-dumping duties. Russian enterprises are intended to promote the Russian government departments of China's fastener product of anti-dumping measures, in February, China's exports dropped almost half of the fastener.

Russia's trade is anticipated to for the time being halt a large-scale attach

The current rise in global heat wave of trade protectionism, the European Union if Russia follow the step-by-step on China's fastener to impose high anti-dumping duties, the consequences would be unthinkable. More countries will be the future of China's exports of high tariffs fasteners. Wanted to go to, it even more difficult.

Because of this, the relevant administration rob immediate measures. Early within March, the state Bureau of Fair Trade for the Ministry of Commerce, China General Machinery Parts Industry Association of Fastener Association, China Chamber of Commerce, the import and export of machinery and electronic products went towards Russia, and the Russian Ministry of Trade Development and the Ministry of Economic Affairs towards consult onto the matter.

It is reported that Russia's Magnitogorsk Iron and Steel Hardware maersk togo AG and the Russian corporate Severstal shares the attitude of different hardware, Magnitogorsk Iron and Steel Hardware togo AG maersk attitude is better, towards participate within the prosecution is consulting towards grant up.

If you can overtake the work of another business, or through Russia to convince other businesses to make the elimination of Russia's department in ascribe of this concept, then the traveller vehicle enterprise in China "lost" the Russian market, the fastener enterprise in Russia will extend to "root."

Exports dropped almost half of the fastener

Jiaxing, Zhejiang, ocean saline, Ningbo, Wenzhou is China's fastener center, but the present position we are not optimistic. To Jiaxing demonstration, the fastener sales have fallen for two successive months. January, Jiaxing Fastener exported 47.38 million U.S. dollars, up 32.4 per hundred decline. In February a total of 23.78 million U.S. dollars trade items fasteners are decreased more than 49.5 percent; of which trade items to the EU market fell 66.1 percent. (Formerly trade items to the EU trade items capacity accounting for a very large).

What is the descent within sales ruled towards fasteners? This is it rice industry. In the car possess a lot of locks towards use.

First, the main raw material prices such as steel dropped by more than 20 percent, finished goods prices also lead to substantially reduced. Haiyan fastener industry, executive vice president of the Chamber of Commerce said that the steel from each of only 4500-4700 yuan per ton dropped to 3200 yuan (nearly 30% decline), it will naturally lead to the price drop fasteners. Second, the demand for overseas markets to drop significantly. First, the European Union to hold high the big stick of anti-dumping, the EU demand for the decline in the mainstream market. Second, in the global financial crisis, the European Union other than the demand in overseas markets begin to decline.

Third, overseas supplies are still digesting. Second half of last year several fasteners has been dispatched to overseas, but overseas distributor's warehouse, they furthermore need to soak up the inventory. Therefore, these dealers do not desire or the will to alignment in China. - 18762

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