It is reported that Rechi Precision, the major air conditioner compressor motor manufacturer in Taiwan, is going to increase its purchase volume of CRNGO sheets from Taiwan's China Steel Corp. (CSC) for its production need.
It is said the purchase quantity will rise from 40% in 2012 to 50% this year and it might be rise to 60% for whole 2013.
The annual value amount that Rechi bought CRNGO from CSC will be about NT$2 billion.
In order to serve for Rechi's demand in time and to save the transportation cost, CSC will set up a steel service center in China's Qingdao, Shandong Province around this August.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=62868&division=A9
