EU anti-dumping(speed reducer) cases in China fastener end to win, to improve the Chinese fastener enterprises in international markets including the European Union's competitive environment, optimizing the fastener business environment for international trade, but also to institutional investors and financial institutions in the industry The value can be re-determined. August 4, the author learned from the Jiaxing Municipal Bureau of Commerce, the first six months of this year, Jiaxing fastener products import and export amounted to $ 503,690,000, up 42.8% year on year rise.
The first six months of Jiaxing fastener exports $ 491,820,000, an increase of 43.8%, higher than the city average export growth rate 21 percentage points; fastener exports accounted for 5.5% of the city's total exports, accounting for more last year rose by 0.8 percentage points . Among this, exports amounted to U.S. and European markets $ 205.88 million, accounting for 41.9% of total exports fasteners, the EU market and U.S. market rose 47.96%, respectively, and 50.74%.
Only the first half of Malaysia and a few other markets have declined. By the EU on imports from Malaysia, but originated in China's anti-circumvention investigations initiated by the impact of fasteners, the first six months of Jiaxing fastener exports of $ 8.96 million to Malaysia, compared with last year's $ 15,090,000, down 40.63% .
Good export situation prompted Jiaxing fastener business scale expansion of production capacity. The first six months, the number of Jiaxing fastener exports 355,832 tons, an increase of 17.2%. Exports of $ 10 million over 10 companies, up 25%. Meanwhile, the export price has increased, representing an increase of 23 percentage points.
Jiaxing Fastener Association official said that the environment is concerned, EU fasteners "Crossfire" China's favor, help to improve Chinese enterprises in international markets including the European Union's competitive environment, the optimization of the international trade environment boosting effect; Secondly, the banks to increase financial support for the fastener industry, promoting the role, to a certain extent, ease the problem of financing the enterprise.
But the official also pointed out that Europe is Jiaxing fastener main export market, due to its slow pace of economic recovery, high unemployment, consumer confidence remains low, exports will continue to produce in Jiaxing City, follow-up problems. On the other hand, almost entirely of steel fastener product areas as raw material by steel price fluctuations are very large, and fasteners have always been low-profit products, steel prices frequently to adjust will bring significant cost (electric motors)pressures.
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