Global Fastener News

Global Fastener News

    Arconic’s Fastener Operations To Become Part of Spinoff Howmet Aerospace

Arconic’s Fastener Operations To Become Part of Spinoff Howmet Aerospace

August 19
12:39 2019

In the months following the demise of a $10 billion buyout, Arconic and its new leadership team, including former TRW Automotive CEO John Plant, have “taken decisive steps to bring down costs and improve operations, which has led to improved quarterly results and a recovering stock that today trades above the rumored buyout price,” according to the Motley Fool.

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News Briefs

Taiwan’s China Steel Eyes Monthly Pricing

August 19
14:54 2019

“The quarterly price release strategy does not adequately reflect market changes over time, including the changes in major steelmaking raw material prices and the impact of international macroeconomic developments,” Mysteel.com reports.

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Headlines
    Trump Tariffs Target Iron & Steel Nuts From China

Trump Tariffs Target Iron & Steel Nuts From China

August 05
09:14 2019

The new 10% tariff applies to all iron and steel nut imports (HTS subheading 7318.16.00) from China, as well as iPhones and most consumer goods.

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    DELO Creates The World’s Strongest Adhesive

DELO Creates The World’s Strongest Adhesive

August 11
19:27 2019

By lifting a 17.5-ton truck, Bavaria-based DELO secured the GUINNESS WORLD RECORDS title for the “heaviest weight lifted with glue.”

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