Stainless steel industry operation into the low tide upstream factory Ye Lian and Tang Rong flexible response

December 7, 2022

Latest company news about Stainless steel industry operation into the low tide upstream factory Ye Lian and Tang Rong flexible response

Stainless steel industry degree small month, the follow-up challenge is big, Taiwan's two upstream factories Ye Lian and Tang Rong flexible response. Leading Ye Lian to promote the upgrading of equipment, strengthen the carbon steel field layout, Tangrong activation assets to increase real estate profit.

 

Mr. Tang pointed out that the downturn in the global steel market, the stainless steel industry is facing greater challenges, especially the price of nickel metal, an important raw material, has increased the difficulty of operation.

 

Director of the cabinet stainless steel factory said, according to the authority statistics, this year's world stainless steel production and demand are lower than last year at least 5%, the United States significantly raised interest rates, direct magnetic absorption of global funds, the investment slowdown, cooling demand, dependence on stainless steel further reduced, pull length of small months of time.

 

The company stated that the stainless steel industry in the island has entered a low tide. Both the upstream Yelian and Tangrong and the middle and downstream stainless steel processing plants Qianxing, Yunqiang, Zhangyuan and Yun-Chang will take a significant cooling in production and sales profits in the second half of the year, and a new economic downturn is needed.

 

The director of the cabinet stainless steel factory pointed out that time sequence into the old and new years, the situation of this year is set, the first half of next year can be expected, in the mainland to adjust the zero policy, the role of economic stability policy continues to play, its domestic demand is expected to be refreshed, with infrastructure construction, real estate and other industries to strengthen the rejuvenation, have the opportunity to create a new wave of prosperity.

 

 

Legal person analysis, stainless steel industry small month, leading factory Ye Lian has spent 5.3 billion yuan, expand and update equipment, strengthen the field of carbon steel steelmaking, medium and long term outlook is not light. Tangrong, another upstream factory, is already rich in land resources. It continuously promotes the asset activation policy internally, and makes full use of many idle lands to increase non-business income.