One of the largest steel fastener manufacturers in Western Canada is struggling under the weight of U.S. tariffs and Canadian counter tariffs.
Canada’s counter tariffs on $20 billion of U.S. goods include a 50% duty on fastener code 7318 (screws, bolts, nuts, rivets, washers).
Deal expands German fastener manufacturer’s existing production capacities near São Paulo.
Taiwan fastener manufacturers face ongoing challenges due to geopolitical conflicts, high interest rates, labor shortages, and slow demand, according to Taiwan Industrial Fasteners Institute Chairman Yung-Yu Tsai.
Southeast Asian nation enters the world’s top 10 steel-producing countries for the first time after surpassing Italy in crude steel output.
Deal to acquire Nordic industrial fastener master distributor broadens Salix’s range beyond retail screws while deepening its coverage of industrial fasteners.
