Industry News

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

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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Steel market continues to steel stocks with good off-season defensive

    August 13, Laiwu Steel said the prices of hot rolled down 250 yuan / ton. booster cables Since early June from the domestic steel market into the off-season period of adjustment, domestic steel prices to a certain extent the callback, but callback rate has increased recently.

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Create a base of steel scrap substitute in the ore

    Upon successful completion of the acquisition of Midwest, Sinosteel will also seek to acquire more mineral resources,booster cables and create a scrap processing base in the Northeast, and further build China's largest steel service providers.

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