Taiwan Froch Enterprise seen good performance in 2011
Froch Enterprise, one of the major stainless steel welding pipe producers in Taiwan, announced its sales in December, 2010 at NT$1.2 billion, boosted by the rising nickel prices in global market.
Moreover, the company has seen the better performance of stainless steel in 2011 due to the gradual recovery of the US and the EU economy.
Besides, Froch Enterprise's sales in whole 2010 was about NT$12.309 billion, rose by 78.58% year on year.
Some market analysts believe that if the nickel prices keep staying firm in 2011, Froch Enterprise will have better sales in this year.
News Date 17 Jan 2011 14:49:18 reported by Jack Lee