07
Jan
15:54
Yieh Hsing to expand Pingnan plant
The board of directors of Taiwan’s Yieh Hsing Enterprise Co., Ltd. has approved an expansion project for the Pingnan plant, since the company is holding an optimistic outlook for wire rod demand from downstream industries including 5G and semiconductor components.
The project requires an investment of TWD 1.272 billion ($46 million). Kallanish meanwhile learns that the company expects to boost annual output of wire rods from the plant to 450,000 tonnes, comp…
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Anonymous
Very good overview of the weekly steel market.
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