Industry Activities
Chun Yu Expects to See Continuous Customers' Orders Through the End of 2021
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2021-06-21
The wire rod price adjustment for the third quarter of 2021 announced by Taiwan CSC is lower than what the market had expected, giving Chun Yu an upper edge in cost competitiveness and a boost in its revenue and profit gains. With the outlook of a gradual increase in the global fastener demand which is expected to peak before Christmas, the orders placed to Chun Yu is expected to continue through the fourth quarter of this year.
Chun Yu President Huei-Jeng Lin said that the strong post-COVID demand in the U.S., Europe and China as well as reshoring of many Taiwanese businesses helped drive up the steel demand. The second quarter of this year continues with a rise in both wire price and volume as well as a large amount of fastener and wire orders placed to Chun Yu's 3 major manufacturing bases in Taiwan, Indonesia, and China. The company's revenue set a new high in May at NTD 970 million.
Meanwhile, the leading industrial & automotive fastener supplier, Boltun, benefiting from the same cost competitiveness, also sees its manufacturing already scheduled through the fourth quarter of this year. Another wire rod supply giant, Tycoons, also expects to see continuous customers' orders through the fourth quarter of this year.
春雨
中鋼漲價
訂單看到第四季
Chun Yu
Taiwan CSC price increase
continuous orders through the end of 2021
扣件
國際展會
惠達雜誌
匯達實業
外銷媒合
廣告刊登
螺絲五金
五金工具
紧固件
台灣扣件展
印度新德里螺絲展
越南河內螺絲展
墨西哥瓜達拉哈拉螺絲展
美國拉斯維加斯螺絲暨機械設備展
波蘭克拉科夫螺絲展
義大利米蘭螺絲展
德國司徒加特螺絲展
wire Dusseldorf
FASTENER FAIR INDIA
FASTENER FAIR VIETNAM
FASTENER FAIR MEXICO
FASTENER POLAND
FASTENER FAIR ITALY
FASTENER FAIR GLOBAL
FASTENER WORLD
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