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Those in the railroad industry and others that rely on common railroad fasteners like cotter pins are noticing a disturbing trend–the cost of these fasteners has been steadily rising. A variety of factors have caused cotter pins in particular to increase in price.


Imports on the Rise


Reports state that importers are handling larger quantities of cotter pins over the last three years. Every quarter anywhere between 900,000 and 1 Wholesale NHL Hockey Jerseys ,200,000kgs of this useful railroad fastener have crossed the borders into the United States.


The price per kilo has continued to rise as well, moving up to $9.78 per kg in the third quarter of last year. This figure represents an increase of $2.62 per kilogram over the course of one year, or a price hike of more than 30 percent. Throw in the fact that import quantities are also rising Wholesale Hockey Jerseys , and purchasers may begin to understand why costs are on the rise.


The opening months of 2012 saw the price of cotter pins and related railroad fasteners hover around the same as those recorded in late 2011. A similar pattern is being seen across the fastener industry as well, mainly due to steady import rates and higher prices.


How Does That Alter the Price Tag?


Fastener distributors are passing on these increases to their customers, including purchasing managers, OEMs and railroad construction and maintenance companies. When import costs jump across the board Wholesale Adidas NHL Jerseys , it allows distributors to increase prices while remaining competitive in the industry.


Depending on when the importers or distributors placed their orders, and the location of the originating country, prices may differ somewhat. Purchasing managers are best to shop around for the best price in railroad fasteners. Your current fastener distributor may be already bringing in product at a higher rate, forcing your costs to increase Wholesale NHL Jerseys Cheap , while other distributors may have stock of cotter pins at a lower price point.


Where Do Railroad Fasteners Originate From?


Although there are some domestic manufacturers, a significant portion of the fastener market involves imports. In terms of specific railroad fasteners, like cotter pins, Japan holds top spot as an exporter to North America.


Japan exports a wide selection of fasteners across a range of industries. More than 50 percent of imported cotter pins come from Japan. China is another major exporter Wholesale NHL Jerseys Free Shipping , sending cotter pins worth around $3.5 million into the United States last year.


Other nations are getting a handle on this booming market. Germany exported 50 percent more cotter pins into the US during 2011, as compared to the amount exported in 2010. The United Kingdom and Taiwan also increased the a. Cheap Hockey Hoodies Wholesale Soccer Jerseys Cheap NHL Jerseys Free Shipping Cheap NBA Shirts Free Shipping Cheap MLB Hoodies Free Shipping Wholesale Jerseys Wholesale Hoodies Wholesale Hats Wholesale NBA Shirts Wholesale NCAA Hats