Industry News

Weida main product booster cables , battery clip, tow rope,ratchet tie down.

Steel 2008 Keywords: cost-effective high prices

    First half of 2008 included medium and large steel Steel Association statistics, corporate profits rose 26%. From the current situation, the steel industry in 2008 net profit is expected to increase 30% -40%. "High-cost, high price, high efficiency" booster cables is the 2008 running of the characteristics of the steel industry.

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China's power shortage would hurt manufacturing exports affected

    China's manufacturing unexpectedly strong growth could be the electricity shortage will increase the drag, which could further push up inflation in China is at the high rate.

    China is now facing the most serious since 2004, power shortages,booster cables the price is determined by the government, which means that many power plants facing a "loss of production that" the difficulty. China now has more than a dozen provinces to restrict industrial use of electricity, battery clip while the Beijing Olympic Games, in efforts to ensure the power supply. National Grid Company (StateGridCorp.) executives have been sent to other Olympic co-host cities to ensure that the power supply.tow rope National Grid control the vast majority of China's power lines.

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The development of high-grade diamond tools

    West Science and Technology Department issued a development of laser welding ultra-thin diamond drill bits, diamond wire saws, glass processing,booster cables research tasks with the diamond wheel.

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To increase the technological breakthrough into the Northwest bearing capacity bottlenecks

    Northwest Bearing Co., Ltd. for the transformation of the financial year more than doubled last year. The company official said that with the gradual implementation of technology projects,booster cables the company's equipment levels will be significantly improved overall processing capacity will further enhance product quality has improved steadily,battery clip ultimately will greatly contribute to the enterprise market development and industrial upgrading .

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Tianma Bearing: General Bearing income growth in line with expectations

    General Bearing revenue growth in line with expectations. In the first half, Pegasus shares general bearing sales income 500 million yuan, booster cables an increase of 79%, gross profit margin reached 43%.
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July steel exports rebound in some of the products or the "plus tax"

    June steel exports fell just eased the introduction of steel export control policies to continue the pressure, the latest customs data also show that in July steel exports amounted to 7.21 million tons, booster cables the highest single month record again. Steel billet exports rebounded sharply once again raised concerns on tariff policy, analysts believe that the late part of the steel products are "plus tax" more likely.

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Slowing demand growth in the steel industry will be lower than the cost price rise

    Held on Wednesday earnings call, Angang Steel Company Limited (000898.SH, 0347.HK) vice chairman and general manager of Ping Fu Tang expects the second half of the domestic steel industry, the overall demand will slow down.booster cables Executive Director of the company will pay Ji said, adding that the first half of the domestic consumption of iron and steel industry increased 16.3%, but the second half is expected to slow to 13%.

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European companies significantly reduce direct investment in China

    With labor costs and rising transportation costs, European companies to dramatically reduce its investment in China; At the same time, booster cables they are expanding aggressively in Eastern Europe and Russia.

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Department of Commerce: steel prices fell slightly short

    According to the Ministry of Commerce monitoring shows into July, the overall rise in steel prices meet resistance, showing a high level consolidation pattern. Analysts pointed out that,booster cables due to weak demand, the domestic steel market is expected to August and September there is a big improvement in consumption is difficult, steel prices have come down probably late.

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July sales in the U.S. Fasteners Distributors $ 208,200,000

    According to report, America's largest fastener distributor Fastenal sales for July, $ 208,200,000,booster cables an increase of 20.2%; last year sales of $ 173,100,000.

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iande Weida Electrical Appliance Tools Co.Ltd. professionally manufacture booster cables , battery clip, tow rope,ratchet tie down.