Chinese - detected to English translation
Dow Jones reported, the U.S. vice president of materials management PorteousFastener BruceDarling company recently presented to the Western Pacific at its fasteners Association of the 2011 report in the Asian market, said fasteners: Taiwan market - steel prices continued to rise, the dollar continues to soften, North Africa into civil war, European buyers face a difficult choice; the Chinese market - steel and labor costs, plant expansion of one of the few, limited electricity and pollution become the number one problem.

    Darling said that "the development of Taiwan in 2010 than in 2009, significant improvement, but still not expected."

    "The recent round of steel there was a substantial growth, an increase of 9.3%, the industry is expected to increase in the future there will be even greater." Darling said. The dollar is relatively stable, but weak in the period, many problems have been followed.

    Darling also noted that the emergence of Taiwanese manufacturers purchase machine boom, but most only for the replacement of the original old machines, and some machine parts are made of non-standard items to the direction of Taiwan's development. North America remains the largest fastener market in Taiwan.

    The future development trend in Europe is even more difficult to predict, "EU anti-dumping cases has led some buyers to turn to Taiwan in the WTO ruling that the European Union, it is in violation of WTO regulations. If the final anti-dumping cases in China in this gain successful, this part of the buyers will be purchasing again from the Chinese mainland. "

    Darling also predicted that the next purchase price of the second quarter of fasteners in Taiwan will likely continue to climb, and the next three quarters, Taiwan fastener prices will depend on the adjustment of the second quarter, steel prices situation. "Most people in the industry believe that steel prices will eventually be cut."

    China Taiwan China Steel by the end of May to cut its 7,8 disk price. Plate and wire rod to maintain flat plate, an overall decrease in the rest of which hot rolled down NT 1754 yuan / ton, down 1,419 yuan cold roll / ton, galvanized plate down 1,500 yuan / ton, down 2,600 yuan electrical steel / ton , hot galvanized plate down 1,613 yuan / ton.

    "In mainland China, all signs suggest the purchase price would remain high fastener." Floods in Australia and Brazil led to rising iron ore prices, "some people had once threatened the industry, steel prices will occur in 2011 66 % increase. "Darling said," In this regard, we expect steel prices will then remain at 10% to 15% increase, and later appeared in 2011 or later re-growth of 5% to 8%. "

    Moreover, China also faces severe electricity problem. China has seriously affected the power cuts of steel and the manufacturing of fasteners. "Pollution is also a steel and fastener companies in China face another important issue. Pollution problems will likely lead to many steel mills in mainland China to stop production, leading to shortage of raw materials, steel prices." Recently, in China only one of the few factories in the expansion.

    However, due to high iron, wind power and other industries the rapid development of the domestic market in China will show a growing demand for fasteners trend. In this regard, Darling also said that "China exports 100% of the fastener plant in the future may face a difficult period."

The article above is transfered from glow plug, and spark plug