Rodex Fasteners Corp., one of the major stainless steel fasteners manufacturers in Taiwan said that the company's consolidated sales revenue in this September totaled NT$231 million, soaring by 10.5% from a month ago and the number has jumped by 33.57% year on year. The company said that since most of the market participants have expected the market price will go up, it helped the company's shipments of screws and wire rods have increased accordingly. However, the current rise NT dollar currency may cause Rodex to have some exchange loss. Rodex said even though the nickel price fell again recently, but the raising demand from Europe market may still help its October sales to stay firmly
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=66757&division=A6
