Song Ho Industrial Co., one of the major wire products manufacturers in Taiwan, said recently that even though the issue of European debt crisis will still cause Song Ho's export quantity to decrease in Europe, the raising China RMB currency and decreasing Japanese yen may help them to enlarget its market shares in Japan. On the other hand, Song Ho said one of Japanese elevator manufacturers may purchase small quantity of steel cables from Song Ho as the try order. Song Ho said since both of its Taiwan and Vietnam mills have already gotten the JIS approval, it will become the advantage for So Hong to get into Japan market.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=64876&division=A9
