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Yieh Hsing, one of the major stainless and carbon steel wire rod re-rolling mills in Taiwan, has announced its November sales revenue totaled NT$443 million, falling by 20.5% from a month ago. In fact, the company has received better orders from its carbon steel business after China Steel Corp. (CSC), the largest carbon steel maker in Taiwan hiked its prices for carbon steel wire rods. However, its sales volumes and prices of stainless steel wire rods have both decreased in November due to dropped LME nickel prices in the month. Affected by this fact, Yieh Hsing’s sales revenues slid in November. |
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=62049&division=A6
