Recently, the two Russian companies are intended to promote the Russian government in China Fastener Product anti-dumping measures. Russia 2 Hardware Enterprises also require the implementation of China's exports fasteners safeguard investigation.

Of meters for industrial fasteners is an important part of industrial parts. As the EU is China's largest overseas market fastener products, market share of total exports accounted for about 1 / 3, so the EU is brewing will be raised to 63% tariffs on 87% of the amount of behavior, making the already tough situation even worse overseas exports.

Industry experts, the domestic fastener high punitive tariffs being imposed, may trigger a chain reaction, leading to the United States and other major markets to follow. U.S. fastener market about 40% of our exports, followed in the event of such vicious, China's fastener industry will be vulnerable.

It is understood that, in the past that only 5% of the fastener into the EU tariffs, now raised to 63% to 87% of the amount. Financial The crisis has left many fastener companies reduce their production of 2 / 3, and now the EU anti-dumping even worse! This is our back up a sound ah! Several anti-dumping cases involving corporate executives in Zhejiang Province, says that the cost of Taiwan's products have been on the higher than Vietnam and other emerging countries have not formed the climate, the European merchants have the tendency to transfer these areas, and to which we will not only lose market, but will face more and more powerful competitors. For the sound development of China's fastener production has not yet reality, the very negative.

Current situation facing the export market disruption, fastener companies have begun to take their own self-help measures to search for breakthrough opportunities. Some enterprises began to upgrade their skills, and attention turned to the domestic market to overseas markets to avoid the negative impact of volatility. If Jin billion industry in the development of various non-standard special fasteners with high quality and at the same time, get the value of one billion yuan Beijing-Shanghai high speed railway project orders. In addition, some of Wenzhou Car Parts business began to change the export structure, from the export sale and after-sales market to complete in one set.

Fastener Merchants Association Executive Vice President Xu Deren said before 10% 15% products are exported to the EU. Given the high level of anti-dumping duties, some Chinese companies are considering setting up factories in third countries, exports to the EU. A number of fastener companies such as Ningbo, taking into account to set up plants in Malaysia, sea salt some of the fastener business is inspected Thailand, Cambodia and investment environment.

It is understood that China's fastener industry for the EU anti-dumping investigations, dating back to 2007. November 9, 2007, the EU originated in China Steel Fasteners launch anti-dumping investigations. The wooden products include initiating an investigation Screw , Self-tapping screws, lead screws and other Bolt And Washer Etc., involving an amount of 575 million euros.