Price Fluctuations And Supply Chain Challenges

From January to August 2025, China's fastener exports reached $7.97 billion (up 7.5%), but the average unit price per ton declined by 3.4%, reflecting a situation where raw material cost pressures coexist with low-price competition. India has reduced its reliance on Chinese fastener imports by 15% due to the improvement of its domestic industrial chain, while demand from countries along the Belt and Road Initiative has grown by over 50%. Border provinces such as Xinjiang and Guangxi have seen export growth rates of 90% and 60%, respectively. Fluctuations in steel prices remain the biggest variable; in October, India saw TMT bar prices rise to 53,000 rupees per ton due to scrap steel shortages, forcing enterprises to turn to Southeast Asia for raw material procurement.