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Fastener industry is trapped in "low, small, scattered" quagmire 292

Date:2015-05-28
  • Categories:Company News
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  • Time of issue:2015-05-28 09:02
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(Summary description)Wenzhou, one of the three major fastener production bases in China, now has to face the dilemma of "no food." Many small bosses complained with emotion: "The business is bleak, and it is almost impossible to do it...

Fastener industry is trapped in "low, small, scattered" quagmire 292

(Summary description)Wenzhou, one of the three major fastener production bases in China, now has to face the dilemma of "no food." Many small bosses complained with emotion: "The business is bleak, and it is almost impossible to do it...

  • Categories:Company News
  • Author:
  • Origin:
  • Time of issue:2015-05-28 09:02
  • Views:
Information

Wenzhou, one of the three major fastener production bases in China, now has to face the dilemma of "no food." Many small bosses complained with emotion: "The business is bleak, and it is almost impossible to do it." Coincidentally, even Haiyan Lunda Standard Parts Factory, which has a strong domestic comprehensive strength, sighed: "This year's market situation, the most direct feeling is the decline in industry orders and profits. The price war is too fierce. In 2012, Many companies have had a difficult year, the world economy is in a downturn, national macroeconomic policies are tightening, competition pressures are increasing, rising costs, falling prices, and shortage of capital chains have become the symbol of the year. Fasteners as the “joint” of industrial products The industry can't escape the market's tricks. This hard-looking screw and nut are also suffering from unprecedented "tension" and facing industry confusion. Although China is the largest manufacturer of fasteners, it has been a few years in the overseas market and has achieved little success. However, with the continuous impact of European and American debts, and weak export sales, domestic orders have fallen and profits have fallen. Many small and medium-sized fastener companies have stopped production and production. Large-scale fastener companies have to shrink some markets due to the continued weak market. This series The problems stem from the fact that China's fastener market cannot get rid of the "low and small scattered" situation. The domestic fastener industry is still mostly micro-enterprise and scattered, and its products have low added value, unstable quality, and weak market competition. Low-end dumping, and high-end fastener products with large profit margins basically rely on imports. The structure of China's fastener products is as follows: high-end products account for 10%, mid-range products account for 50%, and low-end products account for 40%. With the degree of industrialization China's fastener products that are concentrated in the low-end are naturally uncompetitive. The only "killer" is nothing more than price, but when the quality is frequently problematic, this competitive advantage has become a The hand that pushed me to the vast abyss. So, what caused the vicious circle of the fastener market? Although the export volume of fasteners in the first half of this year reached 1.207 million tons and the amount reached 2.212 billion US dollars, the export situation is relatively good. However, deficiencies such as overcapacity, non-standard market, and weak competitiveness are becoming more and more prominent. It is reported that the current life of fastener products in China is relatively short, generally only 30%-70% of the life of similar foreign products. All enterprises produce The products are all “Universal Brands”, which simply cannot meet the needs of the high-end market. However, in the face of the economic environment at home and abroad, many fastener companies do not make technical innovations and management upgrades, but rely on product price reductions to The market struggled for life and death, but in the end, the money was not earned, but the entire industry was trapped deeper and deeper in the vicious circle of "low and small scattered." If the European and American debt crisis brought disaster to the fasteners, on the other hand, it was a The opportunity for industry improvement is a competition between the fittest and the fittest. Accelerate industrial restructuring, eliminate backward production capacity, encourage technological innovation, focus on quality, severely combat dumping, and create a complete industrial chain, forcing the domestic fastener industry to have to do Out of change.

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