At present, the global demand for fastener castings is mainly concentrated in the three major markets of North America, Western Europe and Asia. With the European Union, Mexico, the United States, Russia and other large-scale anti-dumping arbitrations and investigations on my country's fastener industry, my country's fastener exports have been pushed to the forefront. Due to the unreasonable product structure of my country's traditional fasteners, low product grades and low added value, it is difficult to increase the price.

At present, domestic ordinary standard fasteners have been in oversupply, while high-end fasteners (high-temperature, special-shaped, titanium-plastic composite, special performance and other fasteners) are in short supply and depend on imports. According to the author's understanding, in February this year, the export volume of Jiaxing, an important fastener town in China, has dropped by nearly 50%.

Although the global financial crisis and overseas anti-dumping actions have caused a sharp drop in the growth rate of China's fastener exports, we must also recognize that it is the unreasonable product structure of our fastener industry that causes the current situation and transformation. And upgrading is an inevitable choice for Chinese fastening companies. Although the cost will increase after the product is upgraded, the increase in product price can completely offset the increase in cost.

According to the author's understanding, fastener products in special industries have advantages, such as fasteners used in aviation, military, railway and other industries. The particularity of these products determines their superiority in price, so domestic fastener companies can Efforts to develop such markets. With the improvement of the country's industrialization level and technological progress, the use of high-strength fasteners has gradually increased. The State Machinery Bureau lists "ordinary standard fasteners" as restricted development products, and "high-strength special-shaped fasteners" as currently encouraged development products, precisely to promote the development of high-strength fasteners.

At present, there are tens of thousands of fastener enterprises in my country, but only more than 60 of them have an annual output value of more than 100 million yuan. Compared with overseas enterprises, our strength is obviously much weaker. Therefore, my country's fastener production enterprises must get out of the old road of low-price competition, and instead pay attention to brand building and enhance the core competitiveness of enterprises.