The 3rd edition of Fastener Fair Brasil has come to a perfect closure on Nov. 11-13, 2014. With good expectation to business opportunities brought by FIFA World Cup and the Olympics, companies from USA, Germany, UK, Netherlands, Italy, France, Poland, India, Turkey, Pakistan, China, S. Korea, Indonesia, Taiwan, and Brazil all came to exhibit. They anticipated that the fair dedicated to fasteners and fixing products could help bring more critical orders to their companies. This is also the first time that over 50% of the exhibitors in Fastener Fair Brasil were from Asian countries.
Statistics reveal that there are roughly 300 fastener companies in Brazilian market, including importers and exporters, mostly located in São Paulo and and Santa Catarina. In recent years, the exchange rate of Brazilian real to U.S. dollar continues to appreciate and Brazilian companies face more taxes from the government and the result of increasing steel price, so Brazilian fastener companies (importers) become more willing to buy abroad, especially those new products domestic Brazilian companies do not produce or other products that are cheaper and more competitive.
Following the successful results of seminars given in last two editions, the organizer gave professional seminars on fastener technology and market trends this year, which attracted lots of professionals to participate. In addition to Fastener World Magazine, Taiwanese exhibitors including Action Tools, Fasten Four, Feng Yi, Filrox, U-Chance, Wan Cheng, Yi Chun, and Zonbix and other Chinese exhibitors like Shanghai Wisechain and Lianyungang Xinyi all came to participate in this event. According to the report from Fastener World’s correspondent, the language used in Brazil is Portuguese and English is not a commonly used language for daily communication. Accordingly, companies interested in building contact with local Brazilian buyers (importers/exporters), the fluency in Portuguese is a must-have for business.