YC Inox, one of the major stainless steel flat service centers and the major welding pipe makers in Taiwan announced that its sales revenues in the whole of 2012 amounted to NT$24.245 billion, falling by 11.5% from a year ago and its gross profit rate was at 5.56%. In fact, YC Inox’s shipping volumes in the whole of 2012 were higher than those in 2011; however, weak nickel prices caused the company's total sales revenue drop. For the prospect, YC Inox said its March sales revenues should be higher than in this February and once the nickel prices stay firm, the company should be still profitable in this year.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=63760&division=A6
