Trade Resources Market View 840 Steel Companies in Taiwan Plan to Add Nearly 3,000 Employees Within a Year

840 Steel Companies in Taiwan Plan to Add Nearly 3,000 Employees Within a Year

Taipei, Oct.19, 2012 (CENS)--Despite the steel industry's gloomy performance recently, 840 steel companies in Taiwan, including the China Steel Corp. (CSC), Yieh Phui Enterprise Co., and Chun Yuan Steel Co., plan to add nearly 3,000 employees within a year, a strong indication that the industry is recovering.

 A survey conducted by the National Kaohsiung First University of Science and Technology indicates that steel and screw makers will need 2,912 new workers within a year, including 1,695, machine operators and assembly workers--58.2% of the total. 

A CSC representative pointed out that with mature upstream and downstream materials supplies and processing operations, Taiwan's steel industry remains competitive globally. With its strong fundamentals, the industry is expected to recover rapidly as the market improves, and CSC plans to hire 400 more people by the end of this year.

The CSC's international development projects, including a third cold-rolling plant, a cold-rolling plant in Vietnam, and an electromagnetic plant in India, also need new professionals. 

The E United Group, a major Taiwanese stainless steel supplier, will recruit at least 1,500 workers within three years to provide manpower for its NT$40 billion (US$1.33 billion) investment in a Kaohsiung project and plant expansion in China's Fujian Province.

(by Andrew Wang)

Source: http://www.cens.com/cens/html/en/news/news_inner_41828.html
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Taiwan’S Steel Industry to Recruit 3, 000 Employees in One Year