Yieh Hsing to cut carbon wire rod by 80%
18 Sep 2008 10:50 reported by Jacky Huang
Taiwan’s Yieh Hsing Enterprise Co., Ltd, one of main wire rod producers in Taiwan, has announced to cut carbon wire rod production around 1000~2000 tones per month at it Kaohsiung plant. However, Yieh Hsing has produced carbon wire rods around 5000~10000 tones per month in its Kaohsiung plant. Meanwhile for stainless steel wire rods production are quite stable around 6000~7000 tones per month. Anyway, the company predicts that wire rod market is likely to remain soft in Q4. On the other hand, Yieh hsing also expects to start its new melt shop in Pintung county with estimated schedule in second half of 2009. However, the company will face air pollution issue which it needs to pass and meet all requirement and environment standard in Taiwan.
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