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EU Retaliates Against 232 Measures with Fastener Tariffs

June 21
19:19 2018
    EU Retaliates Against 232 Measures with Fastener Tariffs

News that the European Union will apply 25% “rebalancing” tariffs on a range of products imported from the U.S., including seven categories of fasteners, comes amid reports that the U.S. Commerce Department is scrambling to assemble a team to evaluate thousands of exclusion requests.

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SFA Panel: U.S. Tariffs 
Hiking Steel Prices

May 10
10:21 2018
    SFA Panel: U.S. Tariffs 
Hiking Steel Prices

Southwestern Fastener Association panelists agreed U.S. steel and aluminum tariffs are not creating jobs – just price increases.

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Proposed U.S. Tariffs Prompt Fears of Trade War

March 04
18:23 2018
    Proposed U.S. Tariffs Prompt Fears of Trade War

While U.S. steelmakers and aluminum firms celebrated President Donald Trump’s announcement, other manufacturers expressed concern about higher raw-material costs, as well as the potential for disruptions to U.S. exports, according to the Wall Street Journal.

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Trump Announces Steel Tariff

February 27
10:39 2018
    Trump Announces Steel Tariff

“President Donald Trump said the U.S. plans to impose 25% tariffs on steel imports and 10% on aluminum, and expects to sign a formal order next week,” Bloomberg reports.

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Optimas Collaborating on Electric Taxi

January 30
17:46 2018
    Optimas Collaborating on Electric Taxi

“The new TX features 2,000 components exclusive to the project, so LEVC leaned on Optimas’ expertise due to a track record of providing a myriad of fastener solutions to OEM automotive manufacturers around the world.”

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Take the FIN Survey

January 11
15:00 2018
    Take the FIN Survey

Since 1979, the FIN Survey has monitored how the fastener industry is performing. The results are published annually to provide benchmarks to measure your company performance. All responses are confidential.

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Cordless, Safety, Productivity Trends in 2018

December 21
20:34 2017
    Cordless, Safety, Productivity Trends in 2018

Joe Smith of Metabo Power Tools / North America said “revolutionary technological innovation & development are driving the cordless trend.”

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Lockard: Beware of Non-Conforming Threaded Rod

November 28
10:02 2017
    Lockard: Beware of Non-Conforming Threaded Rod

Process gives overseas manufacturers an advantage both in buying less steel to produce the product and in less weight to ship the threaded rod.

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