Exact Fasteners Manufacturer

Baosteel Increases February Manufacturer Prices

admin — Tue, 25 May 2010 06:31:46 +0000

Major steel wire product prices went up 300 yuan per ton on average. Revised prices on major steel sheets, announced this week, are expected to increase 200 to 300 yuan per ton.

Manufacturer prices of Baosteel products range from 3,000 yuan to 6,000 yuan per ton.

The price surge on raw materials, such as iron ore and coal, led to the latest price adjustment, said Hu Kai, an analyst at Umetal.com, a steel-industry website.

According to Hu, the price of iron ore hit a 16-month high of $135 per ton, soaring nearly 120 percent from April 2009′s low.

This month, manufacturer prices of Baosteel’s products increased 300 yuan to 500 yuan per ton month over month, which was the first rise since September. A price increase by the Shanghai-based steel giant triggered sweeping price hikes among domestic smelters.

Last week, Jiangsu Shagang Group raised its price by 200 yuan per ton, while Xinjiang Bayi Iron & Steel Group, Jiuquan Iron & Steel Group, Laigang Group and Guangxi Liuzhou Iron & Steel all increased their prices by approximately 150 yuan.

But analysts say the price surge won’t impact Baosteel’s sales, as market demand in downstream sectors like autos, real estate and home appliances remains robust.

China’s passenger car sales climbed to 13.5 million units in 2009 and outnumbered the 10 million units sold in the US, becoming both the world’s largest auto consumer and producer.

In the property market, house prices in major cities increased 30 percent year-on- year in 2009. The robust growth of the two industries helped secure steelmakers’ profits.

According to Hu, in the first half of 2010, domestic steel mills can still expect to turn a handsome profit as the economy continues its recovery, but the second half may hold uncertainties.

“This year’s iron ore price is likely to jump 35 percent, which will erode profit margins at many steel producers,” Hu said.

Shares of Baosteel plunged 3.78 percent to close at 8.66 yuan yesterday after the central government announced it would increase the reserve requirement ratio of banks.

“Baosteel’s share price decline is closely related to Tuesday’s policy change by the People’s Bank of China, which increased banks’ reserve requirement ratio by 50 basis points. The policy is to take effective on Jan 18,” said Zhu Limin, an industrial analyst at Shanghai Securities.

Mainland shares fell sharply yesterday. The Shanghai Composite Index dropped 101.31, or 3.09 percent, to 3172.66 points, and the Shenzhen Component Index fell 364.69, or 2.73 percent, to 13016.56.

Baosteel’s share slide is also tied to Morgan Stanley’s rating downgrade. The accounting agency cut its rating on the steel maker from “overweight” to “equal weight”.

“Baosteel’s current contract prices are near a record high premium on both spot pricing and other regional producer contract prices, such as China Steel Corp.

Baosteel’s shares have rallied 45 percent in the past three months, strongly outperforming its regional peers,” said Morgan Stanley, maintaining an 8.5 yuan share price estimate.

The news come from: http://www.exfast.com/

Drywall Screw, Nylon Nut, Heavy Duty Shell Anchor, EPDM Bonded Washer, Concrete Nail

Hex Bolts

admin — Tue, 20 Apr 2010 02:10:53 +0000

Hex Bolt DIN931

Detailed Product Description: Hex Bolt DIN931

SYSTEM	SIZE	GRADE/MATERIAL	FINSHED	STANDARD
METRIC SIZE	M6-M64	4.6 4.8 5.6 5.8 6.8 8.8 10.9	SELF COLOUR ZP YZP H.D.G	DIN931 DIN933 DIN960 DIN961 DIN601 DIN558 DIN7990 ISO4014 ISO4015 ISO4016 ISO4017 BS4190 BS3692 AS1111 JIS1180 ASME B18.2.3.1M ASME B18.2.3.2M ASME B18.2.3.3M ASME B18.2.3.5M ASME B18.2.3.6M ASME B18.2.3.7M
		A2-50 A2-70 A4-50 A4-70 BRASS	POLISH
INCH SIZE	1/4″–2-1/2″	SAE J429–GRADE 1 SAE J429–GRADE 2 SAE J429–GRADE 5 SAE J429–GRADE 8 ASTM A307–GRADEA ASTM A307–GRADEB ASTM A307–GRADEC ASTM A449–TYPE 1 ASTM A354–GRADE BC ASTM A354–GRADE BD	SELF COLOUR ZP YZP H.D.G	ASME B18.2.1 AS1390
		ASTM F593-304 ASTM F593-316 BRASS	POLISH

The news come from:http://www.exfast.com/

Drywall Screw, Chipboard Screw, Self Tapping Screw, Self Drilling Screw, Hex Head Wood Screw, Hex Bolt

A Beginners Guide on How to Tape Drywall

admin — Thu, 15 Apr 2010 06:08:55 +0000

Working on a home improvement project can be a lot of fun. But, it will conjointly be a disaster if you don’t know what you’re doing. If you don’t understand something regarding how to tape drywall screw , then it could be time for you to learn. This can be one among the foremost vital skills that you need to find out as a do it yourselfer.

1st of all, you wish to recollect that knowing a way to tape drywall screw is not really that tough to do. However, you’ve got to stay in mind that there is a method to the current and you shouldn’t strive and cut corners with this one as you will solely end up with a drywall installation job that is not at par with what you actually want.

To urge the work done, you obviously would like to possess the right tools and techniques. You need to stay in mind that patience is really a virtue if you’re on the process of taping drywall. It’s time consuming and you have to keep in mind that this involves a close process. In fact, taping the drywall seams can even take 3 times so long as it takes handy the drywall.

You have to know a way to tape drywall properly as a result of while not following the proper method, you may eventually get an unattractive and unprofessional finish. Thus, here are some instructions on how to complete this kind of project properly so as for you to own nice results on the finished taping drywall project.

Initial, you’ve got to have the correct tools for the job. You would like to understand the very fact that knowing the way to tape drywall and having the proper tools is the battle. Although it’s doable for the duty done without having all the proper tools, it might take a ton longer to complete the project than usual.

To tape drywall screw , you’ll want a drywall tape, joint compound, and also a smart sized drywall knife. You will conjointly need coarse and fine grit sandpaper so as for you to finish the job. Having these tools can create your project a lot easier and it will additionally facilitate your produce a more professional look.

Taping drywall involves knowing the complete method concerned in finishing drywalls. It’s important for you to perceive this process as a result of it can affect the means the finished project look.

Before applying the tape, you initially want to apply drywall joint compound on every joint. You may need to apply 3 layers of the compound and once each layer you’ve got to let it dry completely. Then, sand it and repeat the process 3 times.

Once applying the last layer of joint compound, the following step is to tape the joints.

You have to tape the joints between every sheet of drywall screw . Then, you have got to fill it with drywall compound. Once applying the tape is applied, you now need to smooth the drywall compound by employing a caulking knife.

You have to dry the compound completely and you have to sand it with coarse grit sandpaper first and then the fine grit sandpaper for a swish and polished look.

These are the proper ways that on how to tape drywall.

The news come from:http://www.exfast.com/

Drywall Screw, Chipboard Screw, Self Tapping Screw, Self Drilling Screw, Hex Head Wood Screw

Ningbo Exact Fasteners Co.,Ltd

admin — Fri, 02 Apr 2010 05:56:23 +0000

Ningbo Exact Fasteners Co.,Ltd is a professional manufacturer and trader of hardware and fasteners in Ningbo, Zhejiang. Our company established in 2000, with annual amount of over USD10,000,000. Our production focus on screws,bolts,nuts,anchors,washers,threaded rods,etc.

We have a competent staff to ensure you our best service. According to customer drawings and samples we can produce choosing adequate materials, right technology and proper packing to ensure the quality of the product. Our well equipped factory connected with modern management allows us to produce your orders in shortest possible time.

Welcome Domestic and Overseas customers to deal business with us. We will be persistent to follow our quality policy of “Using scientific management, improving overall quality, striving for customer satisfaction, and aiming towards more bigger, stronger and much professional service”.

Hello world!

admin — Mon, 29 Mar 2010 08:52:25 +0000

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