Chinese fastener companies continue to hone their growth in dumping and anti-dumping

In recent years, China's fastener industry has developed rapidly and exports have continued to grow. It is estimated that by 2010, the total output of fasteners in China will reach more than 6 million tons, and the export target will be 3 million tons, becoming a veritable fastener “world factory”. . However, in the excellent situation, fasteners have increasingly become the target of international trade protection attacks. Following the EU, Mexico, the United States, Canada, Russia, South Africa, Colombia, Turkey and other countries have made anti-dumping arbitrations or investigations on Chinese fasteners. The game between China's fastener industry and overseas has become increasingly hot.

In the face of foreign "dumplings" on China's "dumping" grounds, the success of anti-dumping can be regarded as an anti-ambush attack. However, Chinese and foreign wrestling continues. In order to cope with possible anti-dumping in the future, what should Chinese fastener companies do?

Through the interview, it was found that some domestic fastener companies have changed their tactics to seek development. A person in charge of a fastener company said: "Fortunately, the domestic market has unlimited potential and domestic demand has increasingly become the supporting force for our development."

Shanghai Standard Five General Manager Huang Wennong told Golden Spider: "Before 2008, we exported 200 million U.S. dollars, accounting for more than 95% of total sales, of which 45% of our products were exported to the EU, affected by the financial crisis and anti-dumping. Now The proportion of exports to the EU has dropped to over 15%, and the major export markets are the Americas and Asia.So, in the long run, the single export structure will not work and we must achieve market diversification. Our company began its transformation last year and accelerated the development of domestic sales. In the first half of the year, the performance of the market has increased by more than 45% compared with 2009."

“Our company had nearly 70% of its products exported to the EU 08 years ago. Since the EU imposed a 63.1% anti-dumping duty on the company last year, the company has gradually withdrawn from the EU market. At that time, due to the financial crisis, the foreign market was sluggish. We are very Quickly attacked the domestic market, and strived to increase its share in the domestic market. It focused on middle and high-grade fasteners for engineering and machinery. Its current performance increased by 80%. It produced 150,000 tons last year. It expects annual sales of this year to reach 1 billion yuan. "Changshu City Standard Factory sales manager Wang Zhengzhong said.

In the "training" of dumping and anti-dumping

Life has to continue and production continues. Although the results of the first round of fastener anti-dumping confrontation did not reach the expected target, China's fastener industry will continue to move forward in the "hobbing" of dumping and anti-dumping. As the person in charge of a fastener export company interviewed by the Golden Spider said, China, as the world's largest exporter of fasteners, may become the norm in the industry in the future. What we can do is to reduce the concentration of exports as much as possible and improve Self, reduce risk.

Huang Wennong pointed out: "If China's fastener companies want to have more room for development, there are two major directions. The first is to take the high-end line and develop alternative imports. In 2008, China exported 4.4 billion U.S. dollars in total export volume. 2.7 million tons, import 2.1 billion U.S. dollars, 200,000 million tons of imports, great opportunities for the development of import substitution, and secondly, the implementation of productive services, which is what our company is taking, and the implementation of production services is actually in line with Chinese industry. Need for advanced manufacturing."

It is understood that Shanghai Standard 5 will vigorously develop domestic sales in the next few years, striving to push through the domestic market, transfer the pressure of overseas exports, while trying to make the product to high-end development, customers to the terminal development, business development to both ends, and strive to logistics center Based on this, it has become a leading company in the fastener supply chain.

It is not difficult to see that after the EU's anti-dumping measures, domestic fastener companies have consciously reduced the proportion of exports to the EU. In addition, they have also actively explored the domestic market and emerging markets. In the long run, the internal structure of China's fastener industry under difficult circumstances needs to be adjusted.

In response, Ms. Chang Sihang, the head of the 4th Guangzhou Fastener Trade Fair Organizing Committee, said: “China's fastener industry is a labor-intensive industry. The added value of export products is low, and if the technology is not high, the status quo is still high. Without change, the trade frictions that will be encountered in the future may be intensified.Therefore, domestic enterprises must make breakthroughs in technology in the future, improve the company’s core competitiveness, accelerate the adjustment and upgrade of product structure, and turn China’s cost advantage into innovation. Advantage."

According to the introduction of Chang Sihang, general manager, the forthcoming overseas visits to the Fasteners Trade Fair held in Guangzhou on September 8 showed that many European countries including the United States, Japan, India, and Brazil Buyers of fasteners from Argentina, Australia, Turkey, Kuwait, and Iran came to visit and exhibitors will continue to explore traditional export markets while actively expanding into emerging export markets. Of course, Golden Spider Exhibition will spare no effort in helping Chinese fastener companies to occupy the domestic market in depth.

In addition, Xu Deren also said that as a major producer of fasteners, a number of enterprises in Zhejiang province have planned to develop high-end products and have visited relevant standards departments to conduct research. At the same time, local governments have also introduced relevant policies to support technological transformation and technological innovation. In addition, this anti-dumping reflects the victory of the Chinese fastener industry to fight for its own rights.