Yieh Hsing expands outputs of stainless steel wire rod

Sunday, 25 May 2008

It is reported that Yieh Hsing Enterprise Company expanded carbon wire rod and stainless wire rod output due to the strong demand and stable nickel price.

A spokesman said that the company has expanded its monthly output to 5,000 to 10,000 tonnes since the end of last year. Sales volume last year reached to about 37,000 tonnes and the average monthly sales was only 3000 tonnes. It expanded carbon wire rod output since the strong demand from slide fastener manufacturing industry in Taiwan.

Yieh Hsing also expanded its stainless wire rod output to 6000 tonnes to 7000 tonnes from 5000 tonnes to 6000 tonnes at the end of 2007 and will keep at this level. It is learned that the sales will increase due to the stainless wire rod export increased.