Taiwan's Yusco & Tang Eng expected to perform well

According to the latest statistics from the International Stainless Steel Forum, global stainless crude steel amounted to 29 million tons in the first half of this year, up nearly 25% year-on-year.

Among them, 20% in Europe, 18% in the USA, 20% in China, 25.6% in Asia (mainly from Taiwan, Japan and India) and Indonesia, South Korea, South Africa, Brazil and Production increased worldwide, including a 53% growth in Russia.

Yieh United Steel Corp., two of Taiwan's leading stainless steel suppliers. (Yusco) and Tang Eng Iron Works Co., Ltd. reported that international stainless steel prices rose more and fell less, buyers' strong buying willingness, entering a traditional busy season both in production and sales, in the fourth quarter, which is the market of the future. performance is expected.