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European Debt Crisis Continues and Poses Dim Outlook for the Fastener Industry

 
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2013-08-05

The black hole of the debt crisis has heavily stricken the European manufacturing industry which cannot expand fastener demands and results in downstream fastener makers getting close to bankruptcy. Thus,  in the short term the weakening fastener demand in the European market is not reversible. Losing the domestic demand, the European fastener industry can only go abroad to other continents, but long-distance delivery will cause the cost of European fasteners to rise, resulting in far less competitive advantages in the global market.

In addition, the black hole also poses tremendous challenge on attracting investments and developing high-end manufacturing industry. Because the investment chain of the fastener industry often breaks, investors are not willing to make investments and many plant go bankrupt. Some high-end fastener production technologies that are under R&D come to a pause as well due to funding problems. Hence, the black hole has drawn the European fastener industry down to the bottom.

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國際展會
惠達雜誌
匯達實業
外銷媒合
廣告刊登
螺絲五金
五金工具
紧固件
台灣扣件展
印度新德里螺絲展
越南河內螺絲展
墨西哥瓜達拉哈拉螺絲展
美國拉斯維加斯螺絲暨機械設備展
波蘭克拉科夫螺絲展
義大利米蘭螺絲展
德國司徒加特螺絲展
FAIR INDIA
FASTENER FAIR VIETNAM
FASTENER FAIR MEXICO
FASTENER POLAND
FASTENER FAIR ITALY
FASTENER FAIR GLOBAL
FASTENER WORLD
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