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Tuesday, 12 October 2010, 12:31 HKT/SGT
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Source: Components-electronic.com
Components-electronic.com Report: China Fastener Export Strategy Analysis

BEIJING, Oct 12, 2010 - (ACN Newswire) - Currently, each year China export 600 million U.S. dollar fasteners to EU, imported 180 million U.S. dollar fasteners, imported fasteners are high-end products, technical content is higher. Due to the EU take antidumping measure, for China's exports to the European Union fasteners imposed 64-87% higher anti-dumping imports tariffs, which is a great blow for fastener industry that hampered China's fastener industry rapid development momentum, but also can accelerate the fastener industry differentiation and restructuring, which is worth for manufacturing enterprise active take action.

Components-electronic.com analyzes that first, fasteners enterprises must improve technology level, must from equipment improvement, technology, to produce high-end fastener replaces imported products. Components-electronic.com thinks that all kinds of technical performance reached imported products level, domestic enterprises will not import, which is a favorable trend for current fastener enterprise.

Secondly, should carefully study EU anti-dumping project and category, for steel screws, bolts, gasket products have put forward anti-dumping, while for stainless steel, nuts, non-ferrous metal products have not involved, domestic enterprises can adjust the structure of products, avoid the anti-dumping categories taking organized production, increase export.

Thirdly, the world market is broad, diversification. The traditional American, Europe, Japan and so on advanced industrial due to the economic crisis affected economy shrink, expand potential limited, while protect the market share and also should pay attention to the emerging markets. The fastener demand is in everywhere such as automobile, airplane, furniture, electric equipment, all have extensive demand, we want to segments market. Central and South America, southeast Asia, Africa, the Middle East, the former Soviet areas, these areas China's export share is relatively small, we should focus on these areas, to expand the market, make the fastener export road become more wide.

Fourth, facing the international situation, the state adopts increasing input and stimulating domestic demand this positive fiscal measure, which can promote our social and economic development, especially the railway, infrastructure construction that will bring steel, infrastructure construction, machinery and so on relative industries development,

Anti-dumping for Chinese fastener industry damage is huge; enterprises should take countermeasures, increase technological input, and improve product technical content. Only the technological development in the enterprise survival forefront, China's fastener product can walk out low-end products export old road.

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Topic: Research / Industry Report
Source: Components-electronic.com

Sectors: Daily Finance, Daily News
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