Korean core products in the fastener industry are continuously upgraded

In recent years, South Korean fastener manufacturing companies have adapted to market demand, and their core products have been continuously upgraded: from 8.8 to 12.9--14.9 high-strength bolts today, from technical services to solutions for mechanical fastening solutions, what the market needs, they are What is the camp? It does not stick to one of these links in this industry chain.

In Korea’s automotive industry, the electronics and electronics industry started much earlier than China and the market is relatively mature. In addition, the shipbuilding industry, which represents its heavy industry, is very developed and the use of fasteners has also been greatly increased.

There are more than 700 fastener manufacturers in South Korea and employ 13,600 people. In 2010, South Korea produced 760,000 tons of fasteners. In addition to meeting the needs of Korean companies, Korean fastener manufacturers also exported high-quality fasteners to China.

The response of mainland fastener companies has not been so flexible. In recent years, some small and medium-sized fastener enterprises have made large quantities of ordinary standard parts. They have not really brought core competitiveness to enterprises, but have been subject to changes in raw materials and labor costs.