Song Ho Industrial, one of the major wire products manufacturers in Taiwan announced its October sales revenue increased by 21.49% from a month ago.
In fact, the firm's received order volumes in October remained at the same level of September. However, some delayed orders in September into October boosted its sales revenues in October, the manager of Song Ho Industrial explained.
The company said that most of its customers were now staying at wait-and-see position and preferred to purchase after Taiwanese China Steel Corp. (CSC) announces the new prices for next January and February, even several steel mills in China announced to raise the steel prices.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=61668&division=A6
