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Industry Reports

Photo credit: UDN/Reuters

Domestic container shipping warns choppy waters in supply chain ahead

Feb 08, 2022

The domestic container shipping industry believes that the container ship market is still experiencing difficulties as Asian countries enter the Year of the Tiger. The current information obtained by domestic companies is that the port congestion situation in the U.S. is still difficult and unlikely to lessen in the short term. Fortunately, shipping prices were able to experience a brief repr...


Minister of Economy: Stand by Taiwan's fastener industry</h2>

Minister of Economy: Stand by Taiwan's fastener industry

Jun 03, 2020

Taiwan's fastener industry has been severely affected by the New Coronary Pneumonia epidemic, with a 13% decline in output value and miserable operations. Entering the post-epidemic period, Minister of Economy Shen Rongjin again communicated face-to-face with people in the fastener industry this morning. He emphasized that he would use empathy to assist the fastener industry to overcome difficult...


China Announces New Raft of US Imports for Tariff Waivers </h2>

China Announces New Raft of US Imports for Tariff Waivers

May 13, 2020

China announced on Tuesday a new list of 79 U.S. products eligible for waivers from retaliatory tariffs imposed at the height of the bilateral trade war, amid continued pressure on Beijing to boost imports from the United States. China’s finance ministry said in a statement the new waivers will take effect on May 19 and expire on May 18, 2021. The latest list waives tariffs on products includi...



Industry In-Focus

Popular biz networking events and seminars an optimistic prelude to 2023 </h2>

Popular biz networking events and seminars an optimistic prelude to 2023

Dec 19, 2022

As 2022 draws to a close, industries are ramping up to re-engage with international buyers and suppliers. In the manufacturing industry, for instance, seminars sharing digital transformation experiences and solutions, as well as trade networking events, were popular gatherings at the year-end to help companies to prepare for 2023. According to an Economic Daily News article, at a metal process...


Suppliers must get an edge in the new economic landscape</h2>

Suppliers must get an edge in the new economic landscape

Sep 05, 2022

Hardware, fasteners, and hand tools sectors are among the top exporters in Taiwan, delivering quality products to various global markets promptly thanks to their competitive edge of operating under an industry hub model. Managing lead times and delivery expectations have become crucial under disrupted supply chains. Prices for raw materials and energy have risen as prolonged global events like...


Economic Daily News (CENS) publication team at the 2018 IHF helps a buyer fill out a business matchmaking form. (Photo courtesy of CENS)

Taiwanese manufacturers seek new partnerships at IHF

Aug 02, 2022

⬛ Chao Ting-yu The top hardware show EISENWARENMESSE- International Hardware Fair (IHF) is relaunching on September 25 to 28 in Cologne, with event organizers bringing back in-person events and welcoming buyers alike to source quality products in categories like tools, industrial supply, fasteners and fixings, and home improvement. Economic Daily News (CENS) is also returning to IHF, exhibi...



Supplier News

Being able to ensure quality wire materials, Ray Fu's capability to offer one-stop services makes their screw products highly popular among buyers. (Photo courtesy of Ray Fu)

Quality fastener maker Ray Fu offers one-stop procurement

Dec 19, 2022

Ray Fu was founded in 2000 to market steel wires and fastener products to the global market as a professional manufacturer and exporter. The company's production capability comes from its parent company, Chen Nan (founded in 1992), which has facilities ranging from wire processing plants, fastener factories, heat treatment factories, and packaging plants. Ray Fu is currently a significant MIT, fa...

RAY FU ENTERPRISE CO., LTD.


Shin Chun's recent offerings of auto-use screws have maintained consistent upward growth due to market recognition.

Taiwan-based Screw Maker Shin Chun Offers Clients Only the Best

Jan 11, 2021

■ Huang Chih-ming Shin Chun Enterprise Co., Ltd. is a Taiwan-based professional screw manufacturer, currently producing a wide-range of varied screws, ranging from dental screws, car screws, drywall screws, threading screws, plastic board screws, self-drilling screws, and machine screws. Shin Chun's screws often find application in diverse fields, such as electronics, automotive, and building ...

SHIN CHUN ENTERPRISE CO., LTD.


Ray Fu can fulfill varied buyer demands with their diverse, special fasteners. (Photo courtesy of Ray Fu Enterprise)

Ray Fu's Branding Builds up Stellar Q3 Performance

Jan 11, 2021

■ Huang Chih-ming Ray Fu Enterprise performed admirably well this year regarding revenue, reporting a YoY growth for orders on par with last year before the COVID-19 pandemic disrupted the economy. The firm saw the most increase in the Americas, followed by Europe and the Asian-Pacific region. Steel prices warming up in Q4 and a high China Steel Corp price have buoyed the steel metal indus...

RAY FU ENTERPRISE CO., LTD.



Insiders' Views

Kristy Chi, MIRDC's industry analyst.

MIRDC Analyst Shares Views to Dispel Doom of Red Supply Chain on Taiwan's Fastener Industry

Taiwan-to-China fastener exports in Jan.-July 2015 total 11,000 tonnes versus only 3,000 tonnes of imports

Oct 01, 2015

The rise of China’s “red supply chain,” a term coined by market observers for aggressive development of Chinese tech industries backed by the central government to minimize dependence on imports and secure sustained economic growth, is widely regarded a growing threat to Taiwanese manufacturers, especially those from the island’s industries supplying products and services overlapping those from t...


Anchor Chang, new chairman of TIFI as well as owner of Anchor Group and vice chairman of Formosan Association for Promotion of Oral Biotechnology and Medical Devices, talks about Taiwan's fastener industry in an exclusive interview with CENS.

New TIFI Chairman Sheds Light on Development of Taiwan's Fastener Industry

To make TIFS a 3-day event being one of many targets for trade group leader

Feb 25, 2015

Compiled by STEVE CHUANG The Taiwan Industrial Fastener Institute (TIFI), the island’s only trade association composed of fastener manufacturers, is generally regarded as the driver of development of the industry over the past decades, and its newly nominated chairman, Anchor Chang, also the owner of Anchor Fasteners Industrial Co., Ltd. and Alliance Global Technology Co., Ltd., is taking over...


Joe Chen has earned accolades for his contributions to the development of Taiwan's fastener industry over the past six years as chairman of TIFI.

TIFI Chairman Rallies Taiwan's Fastener Industry with an Eye on the World

TIFS set to highlight local strengths at biggest-ever show in April​

Feb 05, 2014

By STEVE CHUANG Joe Chen may be entering his last year as the chairman of Taiwan Industrial Fasteners Institute (TIFI), but the industry captain, also president of fastener supplier Saintec Enterprise Co., Ltd., is still going full-speed to boost Taiwan's competitiveness in the global market. Under his leadership, the third Taiwan International Fastener Show (TIFS) is set to hold its biggest-eve...



Exhibition Highlights

Fastener Taiwan 2023 attracted nearly 3500 professional buyers in just three days. (Photo courtesy of CENS)

Fastener Taiwan 2023 Returns: Where Quality Sets the Pace

May 04, 2023

With the theme "Where Quality Sets the Pace," the 6th Taiwan International Fastener Show (Fastener Taiwan 2023) made its highly anticipated return after a five-year hiatus. Held at the Kaohsiung Exhibition Center from May 3 to May 5, the exhibition proved to be a remarkable success. Drawing the participation of 283 exhibitors, who collectively occupied a total of 835 booths, the event also attrac...


Crowds at the 2022 International Hardware Fare Cologne as pictured here. (Photo credit: Koelnmesse, INTERNATIONAL HARDWARE FAIR)

2022 International Hardware Fair Cologne Post-Show Report

Oct 19, 2022

Show Info After a four-year-long hiatus, the 2022 edition of the International Hardware Fair Cologne (IHF) wrapped up on Sept. 28 after returning to the Cologne Exhibition Center in person for the first time after the COVID-19 pandemic outbreak. According to the event organizer Koelnmesse GmbH's compiled statistics after the show, the four-day event saw approximately 25,000 visitors fro...


Economic Daily News (CENS) publication team at the 2018 IHF helps a buyer fill out a business matchmaking form. (Photo courtesy of CENS)

Taiwanese manufacturers seek new partnerships at IHF

Aug 02, 2022

⬛ Chao Ting-yu The top hardware show EISENWARENMESSE- International Hardware Fair (IHF) is relaunching on September 25 to 28 in Cologne, with event organizers bringing back in-person events and welcoming buyers alike to source quality products in categories like tools, industrial supply, fasteners and fixings, and home improvement. Economic Daily News (CENS) is also returning to IHF, exhibi...



CENS Global Pass

Stead Fast Industrial Co., Ltd.</h2><p class='subtitle'>Hex head screws, socket cap screws, hex flange screws, rivets, fasteners</p>

Stead Fast Industrial Co., Ltd.

Hex head screws, socket cap screws, hex flange screws, rivets, fasteners

Dec 15, 2014

Stead Fast Industrial Co., Ltd. was founded in 1975 and today is a veteran manufacturer of a variety of standard and special fasteners based in Kaohsiung City, southern Taiwan. The company's constant business mantra is “Quality First, Service First and Competitive Prices.” The key to Stead Fast’s sustainable development over the decades has been its continuous effort to improve technology and up...

STEAD FAST INDUSTRIAL CO., LTD.


WL HARDWARE ENTERPRISE CO., LTD.</h2><p class='subtitle'>Door Look With Keys, Lock With Keys, Pulley for Window, Auminum Keys, Screw, screws </p>

WL HARDWARE ENTERPRISE CO., LTD.

Door Look With Keys, Lock With Keys, Pulley for Window, Auminum Keys, Screw, screws

May 30, 2014

WL HARDWARE ENTEPRISE CO., LTD was established since 2000, is a professional supplier and exporter, designing and manufacturing a wide range of Fasteners and Architectural Hardware in Taiwan. We are specialized in Fasteners --- Tapping Screw, Self Drilling Screw, Taptite Screw, Wood Screw, Lag Screw, Bolt, Special Bolt, Security Screw, Multi Stage Screw, Nuts, Rivets, Thumb Screws, Clinch...

WL HARDWARE ENTERPRISE CO., LTD.


Mega Link Enterprise Co., Ltd.</h2><p class='subtitle'>Nut tapping machines, NC/CNC grinding machines, thread rolling machines, bolt formers, mini parts formers, open die re-headers, heading machines, nut formers</p>

Mega Link Enterprise Co., Ltd.

Nut tapping machines, NC/CNC grinding machines, thread rolling machines, bolt formers, mini parts formers, open die re-headers, heading machines, nut formers

May 15, 2014

Founded in 2002 in southern Taiwan's Tainan City, Mega Link Enterprise Co., Ltd. started as an exporter of mechanical and automotive parts. In 2005, it began to export industrial machines and used machines as well. The firm is now an OEM/ODM producer of products applicable to the fastener and steel processing industries. The company's product line encompasses nut tapping machines, NC/CNC grindin...

MEGA LINK ENTERPRISES CO., LTD.