NEWS
The Fastener Quality Act defines a fastener as a screw,groove nut,bolt,or stud that has external or internal threads,or a load-indicating washer,with a nominal diameter of five millimeters or bigger,one fourth of an inch or greater that contains any quantity of metal and is held out as meeting a standard or specification which requires through-hardening.
An advantage of purchasing groove nuts in bulk at wholesale rate is that the intermediary is removed from the financial equation thus increasing the savings of the buyer and augmenting the sale of groove nuts.The price of any commodity is inversely proportional to the amount of the same.However,it is illegal to sell groove nuts at wholesale prices to anyone without taking the prior permission of national Institute of standards and technology, commerce.
According to the guidelines laid down by the NIST - Distributors,who are not private label distributors,as well as people who buy groove nuts at wholesale or retail,may mix groove nuts of the same type,grade,and dimension from different lots in the same container.However,if a buyer of groove nuts asks the seller to mark the container of groove nuts with the lot number from which such groove nuts were taken,either before the sale or at the time of sale,the seller shall noticeably mark the container of groove nuts with the lot number.
The demand for groove nuts is slowly but surely increasing because of wholesale pricing methodology.The Internet has also increased the number of wholesalers in the market and has improved the sale of groove nuts not only in the United States of America but also on a global scale.