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Taiwanese GMTC’s sales revenues remain flat in June
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Gloria Material Technology Corporation (GMTC), the first specialty steel manufacturer in Taiwan said the company's received orders for 300 series stainless steel products were not as good as expected because of the weak LME nickel price and the slowly global market demand.
However, the company's orders from petrochemical, energy and aerospace industry has remained firmly.
GMTC said its sales revenue in June should stay at the same level as in May which will be about NT$900 million~NT$1 billion.
Regarding to GMTC's tool steel products order part, the demand was still not good but it was better than that in this Q1.
News Date
7/2/2012 2:19:47 PM
reported by
Jack Lee
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