At the same time, Taiwanese manufacturers should also focus on innovation to manufacture higher value products and aim to gain further certificates and patents.
However, now the anti-dumping duties have been lifted there is the potential for fastener exports to Europe to decrease by over 40%.2 billion euros) by 2020 due to the Hand Tools Suppliers economic growth and industrial development of the USA, mainland China, Brazil, Russia, Poland, India and other countries.
Chang, chairman of the Taiwan Industrial Fastener Institute (TIFI), to find out what impact the re-emergence of China will have on the Taiwanese fastener industry.28% on 2014.H.Currently 28% of Taiwan’s industry volume is for automotive fasteners and thanks to our large industry cluster, mature R&D, and total solution supply chain, there is a great opportunity to develop the automotive fastener industry further.
TIFI calls on Taiwanese industry to take next step 25 May 2016 The recent repeal of the EU anti-dumping duties on certain steel fasteners originating in mainland China will have a major impact on fastener manufacturers around the world.We estimate over 50% of low carbon screw and bolt suppliers in Taiwan will be effected.
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