Summary of contents: Since 2011, the fastener industry has faced many problems, such as difficult work, high labor costs, energy shortages, large fluctuations in raw material prices, and inflation. However, in the first half of 2011, the fastener industry still maintained relatively stable development. According to the 2009-2011 China Fasteners and Spring Manufacturing Market Development and Analysis Forecast Report, it shows that 2012 is the key year for the 12th Five-Year Plan.

Machinery industry analysts pointed out that the total output of fasteners in 2012 will be expected to reach about 6.8 million tons. However, there is a process in which fastener manufacturers should plan for consideration from now on. Instead of investing funds in the repeated production of middle- and low-end products, they should use funds for innovation and technical innovation to improve the level of enterprise equipment intelligence and improve Online detection level. At the same time, the fastener industry should also base itself on the domestic market, promote dislocation competition, standardize the market order, and oppose and stop low-price dumping. In addition, the speed of capital repatriation must be accelerated, and the scale of loans and investments should be strictly controlled, with more emphasis on controlling cash flow. We must pay attention to the changes in the European and American markets, actively respond to various trade protection measures, and stabilize the export market. In 2012, the export situation was even more severe. Therefore, fastener companies must have a clear understanding of the export area, and develop more potential markets such as South America, North America, Asia, and Southeast Asia.

In 2012, the development of the fastener industry in the theme of “maintaining growth, attracting people's livelihood, and promoting employment” will continue to show the situation of “first low, then high, and then new high”. From the fourth quarter of 2012 to the first half of 2012, the development of the fastener industry may slow down due to the impact of the objective environment, but from the third quarter of 2012, with the policy in place, the 18th National Congress of the People's Republic of China will be held, and A series of development policies to be launched soon will promote the further development of the industry. And we must insist on innovation and adjustment and transformation. We must continue to closely rely on key industries such as automobiles, new energy, aerospace, shipbuilding, urban transportation, IT, electronic appliances, and construction to accelerate the optimization and upgrading of fastener products and promote fasteners. The whole industry is developing healthily and steadily.