cens logo

Fasteners Plants Striving for Exports in Q3

Apr 06, 2020 | By CENS

The epidemic of the new novel pneumonia is very popular. The export of screws is facing the dilemma of blocking transportation and circulation. The main factories Chunyu and Juheng face the test and respond actively. The legal person estimates that the next season should be the key point to meet the upturn.

Fasteners Plants Striving for Exports in Q3(Photo courtesy of UDN)Fasteners Plants Striving for Exports in Q3(Photo courtesy of UDN)
According to analysis, the global epidemic has entered a peak period, and the international trend of locking ports, closing cities, closing markets, and locking countries has continued to increase. Taiwan is the world 's screw kingdom, but the current steel export is first facing shipping difficulties, and the land transportation to the destination country is also the same. Frustrated, the problem is difficult to solve in a short period of time. Only by waiting for the epidemic to subside can it be completely clear.

Chun Yu pointed out that the global steel market situation last year was affected by the increased uncertainty caused by the Sino-US trade war, which affected overall sales and average selling prices. By diversifying the market to balance supply and demand, Taiwanese businessmen returned and infrastructure construction continued to promote. Domestic demand increased steadily; Indonesia Fasteners in the market continued to flourish, and the capacity utilization rate after the expansion of the Spring Rain Indonesia plant continued to increase, supporting the development of the US market and supporting the operating performance in 2019.

The rapid spread of the new pneumonia epidemic worldwide this year will strengthen the strategy of resource integration, expand the division of labor in the international market, and develop high value-added products to cope with the uncertainty of the environment.

Chunyu said that as long as the epidemic subsides, it still holds a positive view on the markets of Taiwan and Indonesia. At the same time, it is happy to wait for the deferred demand arising from the epidemic. Currently, Chunyu has a process upgrade plan to develop special steel grades of nodular wire, while strengthening the track and wind High-margin and high-value-added special products such as power generation system fasteners, by adjusting product mix to optimize gross profit, accumulate mid- and long-term camp sports energy.


Industry Reports

Bosch Sees global Production Down 20% in 2020</h2>

Bosch Sees global Production Down 20% in 2020

Apr 30, 2020

Robert Bosch said it expects automotive production to fall by at least 20 percent this year, as the coronavirus pandemic slams the brakes on factory production lines and saps demand. "We are bracing ourselves for a global recession that will also have a considerable impact on our own performance in 2020," Bosch CFO Stefan Asenkerschbaumer said in a statement on Wednesday. "Given the many im...


South Korea March Output Surges as China Factory Shutdowns</h2>

South Korea March Output Surges as China Factory Shutdowns

Apr 30, 2020

South Korea’s March factory output jumped by the most in 11 years as demand for display panels and cars received an unexpected boost from lengthy shutdowns in competing Chinese factories amid the coronavirus pandemic. Industrial output surged by a seasonally adjusted 4.6% in March from a month earlier, government data showed on Wednesday, marking the biggest expansion since a 7.3% jump in Febr...


Minister of Economy: Deglobalization is a Must</h2>

Minister of Economy: Deglobalization is a Must

Apr 29, 2020

Minister of Economy Shen Rongjin pointed out yesterday (28) that from the US-China trade war to the spread of the new crown pneumonia epidemic, the "de-globalization" of manufacturing is now a key issue for companies. In addition to the use of Industry 4.0 Internet of Things remote control machines , And also readjust the global stronghold. He also said that companies including information and c...



Industry In-Focus

South Korea March Output Surges as China Factory Shutdowns</h2>

South Korea March Output Surges as China Factory Shutdowns

Apr 30, 2020

South Korea’s March factory output jumped by the most in 11 years as demand for display panels and cars received an unexpected boost from lengthy shutdowns in competing Chinese factories amid the coronavirus pandemic. Industrial output surged by a seasonally adjusted 4.6% in March from a month earlier, government data showed on Wednesday, marking the biggest expansion since a 7.3% jump in Febr...


Minister of Economy: Deglobalization is a Must</h2>

Minister of Economy: Deglobalization is a Must

Apr 29, 2020

Minister of Economy Shen Rongjin pointed out yesterday (28) that from the US-China trade war to the spread of the new crown pneumonia epidemic, the "de-globalization" of manufacturing is now a key issue for companies. In addition to the use of Industry 4.0 Internet of Things remote control machines , And also readjust the global stronghold. He also said that companies including information and c...


Three Models of Taiwanese Businessmen Entering the Mainland Electric Vehicle Supply Three models of Taiwanese businessmen entering the mainland electric vehicle supply Chain</h2>

Three Models of Taiwanese Businessmen Entering the Mainland Electric Vehicle Supply Three models of Taiwanese businessmen entering the mainland electric vehicle supply Chain

Feb 04, 2020

China is the world's largest producer and seller of electric vehicles. In 2020, electric vehicle sales will look at 2 million units, driving the rapid growth of industries such as batteries, connected cars, autonomous driving and charging equipment. Although the Chinese electric vehicle market is dominated by domestic production and domestic sales, due to the current lack of technology and R & D ...



Supplier News

Ching Mars Corporation</h2><p class='subtitle'>Strobe lights, light bars and sirens, LED light bars, signal lights, warning lights and traffic batons</p>

Ching Mars Corporation

Strobe lights, light bars and sirens, LED light bars, signal lights, warning lights and traffic batons

Apr 08, 2020

Established in 1985, China Mars Corporation is a specialized maker of various strobe and warning lights for use in vehicles, with nearly 30 years of expertise to be well recognized by professionals all over the world Decades of focus on R&D and customer satisfaction has seen company build a solid ground in the global supply chain of auto strobe lights and served capably as a world-caliber OEM....

CHING MARS CORPORATION


YihFeng Industrial Co., Ltd.</h2><p class='subtitle'>Aluminum forging, die casting, CNC machining, auto parts, sporting good parts, etc.</p>

YihFeng Industrial Co., Ltd.

Aluminum forging, die casting, CNC machining, auto parts, sporting good parts, etc.

Apr 08, 2020

Founded in 1973, YihFeng Industrial Co., Ltd is a professional company specializing in aluminum forging, die-casting and computer numeric control (CNC) machining. The firm takes pride of its complete product lineup covering a large variety of auto parts, motorcycle parts, bicycle parts, 3C (computer, communication, and consumer electronics) parts, sporting-goods parts, among others. With ov...

YIH FENG INDUSTRIAL CO., LTD.


Yang San Enterprise Co., Ltd</h2><p class='subtitle'>power window switches, fuel tank sensors, vehicle speed sensor</p>

Yang San Enterprise Co., Ltd

power window switches, fuel tank sensors, vehicle speed sensor

Apr 08, 2020

Yang San Enterprise Co., Ltd. specializes in the development and production of various automotive switches, focusing on automotive power window switches. In response to buyers’ requirements and changes in the market, the firm has actively developed new products for automotive sensors and controllers, including fan control modules, speed sensors, fuel level sensors, etc. Products are suitable for ...

YANG SAN ENTERPRISE CO., LTD.



Insiders' Views

Caption: Pictured from front row, third right, Changhua County Government Economic Affairs Department Director Liu Yu-ping, County Magistrate Wang Huei-mei, Secretary Chen Bo-tsun pose in front of the exhibition booth. (Photo provided by CHCIA)

Changhua County Government Shores up Biz-Matching to Global Buyers

Nov 18, 2019

■Yang Feng-Chun In a bid to assist manufacturers in Changhua County to expand their market reach overseas against severe competition in the globalized market, Changhua County Government has been an active player in pushing for a makeover and innovation of its local small and medium-sized enterprises. This is done in hopes of establishing stronger connection with international markets. An ex...


Paul Master offers high-quality chassis and engines parts for passenger cars, trucks, and industrial trucks. (Photo courtesy of Paul Master)

Paul Master Builds Reputation with Auto Chassis and Engine Parts

Nov 18, 2019

Founded in 1980, Paul Master Auto Parts Co. is headquartered in Taiwan, a professional manufacturer of chassis and engines parts for passenger cars, trucks, and industrial trucks including forklifts. General Manager Terry Liang said the company has its own professional design department, which provides customized products and specifications for global buyers, including automobile steering and...

PAUL MASTER AUTO PARTS CO.


Nan Hoang Traffic Instrument Co., Ltd.</h2><p class='subtitle'>Taiwan First brakes Technology Co., Ltd. </p>

Nan Hoang Traffic Instrument Co., Ltd.

Taiwan First brakes Technology Co., Ltd.

Sep 04, 2019

Nan Hoang Traffic Instrument Co., Ltd is one of the major manufacturers of automobile friction materials in Taiwan and globally. Chairman Austin Cheng has implemented the double-arrow strategy this year - own brand of “YangPo” is adopted to focus on global channels while the “NHC brand focuses on improving market shares in global markets, such as Europe, America, Asia, Australia, and the Middle E...



Exhibition Highlights

Messe Frankfurt (Shanghai) Co Ltd

CAPAS defers to 2021

Apr 20, 2020

Following the Chinese Government’s initiatives to prevent and control the COVID-19 outbreak, the organisers of the Chengdu International Trade Fair for Automotive Parts and Aftermarket Services (CAPAS) have announced the defer of the show’s 2020 edition. The fair, originally scheduled from 21 to 23 May 2020, will now be held from 20 to 22 May 2021. In China, the State Council issued an announc...


Ushering in Metalworking Intelligence,  Unlocking Unprecedented Opportunities</h2>

Ushering in Metalworking Intelligence, Unlocking Unprecedented Opportunities

Apr 06, 2020

The digitization of metalworking industry is being accelerated by the advent of emerging and disruptive technologies which are to be the next era of global growth and innovation. At METALEX Vietnam 2020, industrialists will learn how they can enhance productivity and product value and how their factories could be transformed through metalworking intelligence by capturing, tracking, measuring, int...


ITES 2020: COVID-19 Manufacturing Exhibition Crisis Response</h2>

ITES 2020: COVID-19 Manufacturing Exhibition Crisis Response

Feb 25, 2020

Since increasingly severe COVID-19 epidemic spread out in past 30 days, China economy has been dampened. Greater global connectivity and supply chain dependency on China and reliance on Chinese consumption currently, without a doubt, COVID-19 triggers a greater economic fragility. Emergent Production Adjustment As the fight against the novel coronavirus outbreak intensifies, Chinese local a...