The negative growth of the fastener industry needs to be transformed to respond to anti-dumping

After being baptized with repeated transactions, domestic fastener production professionals broke into the market. According to statistics released by the Chinese Ministry of Commerce, after years of consecutive double-digit increases, China’s fastener occupations showed a negative increase in 2012, a decrease of 1.5% year-on-year. At present, the world's need for fastening castings will be mainly gathered in the three major shopping malls in North America, Western Europe and Asia, with an annual demand of more than US$10 billion, and it is also the leading shopping mall for domestic fastener exports.

Over the years, China’s fastener industry has been rapidly developing and the export volume of related products has continued to increase. However, the huge export volume also allowed the company to fall foul of an unfair competition. Wu Changhai, a professor of world trade law at the China University of Political Science and Law, said in an interview with reporters that, under normal circumstances, the greater the export volume of a product, the greater the possibility of an anti-marketing suit filed by another country.

In January 2009, the European Union levied 26.5% to 85% anti-marketing duties on Chinese steel fasteners (stainless steel). In July of the same year, the Chinese government launched a WTO dispute settlement procedure on EU anti-China fastener sales. In July 2011, the WTO concluded that China had won a successful dispute with the European Union on fasteners.

Not only the European Union, but the United States also asked little fasteners. In September 2009, the U.S. Department of Commerce and the U.S. World Trade Commission concluded that a "double reverse" inquiry was made on the fastener products imported from China. The basis of the U.S. side showed that standard parts produced by fastener manufacturers from mainland China and Taiwan, such as steel structural bolts, nuts, and cap screws, have been subsidized by the government and these products have been promoted to the United States. .

Domestic affiliates in the United States claimed that the average market share of imported goods from mainland China was 145%, and that of uniform imports from Chinese Taiwanese imports was 74%. After many mediations and company defenses, the United States stopped its "double reverse" inquiry into Chinese fastener products. After many twists and turns, Chinese companies have won victory in related cases, but the acquisition of temporary punitive tariffs has already hurt domestic companies. In addition, Canada, Russia and other countries have also conducted anti-marketing queries on fasteners made in China, coupled with the impact of the financial crisis, the overseas sales of fasteners in China are not optimistic.

Jiangsu Province is one of the four production and export bases of fastener products in China. 70% of the fastener companies in the country are gathered in Zhejiang, Jiangsu, Shanghai and Guangdong. The fastener products have become the patented products of small and medium-sized companies. Buttons and lighters are the hot selling products of thriving shopping malls such as the European Union and the United States. It is reported that China exports more than 600 million kilograms of steel fasteners to the EU each year.

“After repeated anti-selling and anti-subsidy queries, the fastener industry is no longer in the landscape. Compared with other products, the price of fasteners is not high. The EU and the United States said that the sales promotion is actually very difficult to present. The staff of the Jintan Fasteners Co., Ltd. of Jiangsu Province (hereinafter referred to as Changbiao Fasteners) department staff told the reporter that "In 2013, the occupation environment was better than the previous year, but it was still unable to slip out of the market and increase the decline. The momentum."

In addition, China, as a fastener exporter, suffered a downturn in Europe and the United States in 2012, and its occupation showed a negative increase, which caused a serious impact on domestic companies. The status of production of domestic fasteners is that low-level products are full of leading shopping malls, and a small number of high-level, high-precision, high-strength fasteners still need to be imported. The ratio of the unit price of imported products to the unit price of exports is more than 6 times that of the United States, Japan, South Korea and Taiwan.

Industry insiders suggested that compared to 2012 and 2013, the pressure on China’s fastener industry will slow down. Domestic fastener companies should pay close attention to the economic trends and directions at home and abroad, and timely adjust the product structure according to the market intention. And promotion strategy, build brand effect; increase research and development, promote product added value; promote the company's management level, through automated production and progress benefits, enhance the company's competitiveness, and actively carry out industrial transformation and promotion.

In the face of this situation, Zhou Yanzhu, Secretary General of the Wenzhou Ouhai Fasteners Professional Association, indicated that at present, it is necessary for the domestic fastener industry to make a transition to promotion. If the status quo is not recognized, it will face an increasingly large future. Competition pressure. Together, fasteners are called "industry meters." If professional production technology cannot be promoted, the development of domestic machinery occupations will certainly constitute a deterrent.