Increasing Nickel Price Indirectly Boosts Sheh Kai’s Sales

Benefited by the short supply of nickel around the world, Sheh Kai, the bimetal screw manufacturer, demonstrates flourishing business that is better than the corresponding period last year and expects to achieve another high point by the year end. During the first 10 months of this year, Sheh Kai’s accumulated revenue for each month showed the annual growth rate of 8-24% and the production and sales results continued to be prosperous with non-stop profit. The share of Sheh Kai increased NT$0.6 to close at NT$31.8 on Oct. 31st.

 

The management of Sheh Kai pointed that last year the operation of Sheh Kai was affected by the antidumping duty at 23.6%, which the EU imposed on stainless steel fasteners originated from China and Taiwan. However, Sheh Kai has been successfully excluded from the duty after it made the appeal to the EC. Sheh Kai would like to “take back all orders it had lost last year.” On the other hand, as the stainless steel price is greatly influenced by the nickel price, many authoritative market research institutes forecast that by 2015 or 2016 the short supply of nickel around the world will touch the extreme point, though the prices of nickel and stainless steel will slightly fluctuate ups and downs in the short term, they will continue to grow in the long term, which is actually favorable to Sheh Kai.

 

The bi-metal scerws of Sheh Kai are mostly sold to Europe. After the victory of its appeal for the antidumping case, it is now ready to gradually take back 30% of the market share in Europe.

扣件

國際展會

惠達雜誌

匯達實業

外銷媒合

廣告刊登

螺絲五金

五金工具

紧固件

台灣扣件展

印度新德里螺絲展

越南河內螺絲展

墨西哥瓜達拉哈拉螺絲展

美國拉斯維加斯螺絲暨機械設備展

波蘭克拉科夫螺絲展

義大利米蘭螺絲展

德國司徒加特螺絲展

FAIR INDIA

FASTENER FAIR VIETNAM

FASTENER FAIR MEXICO

FASTENER POLAND

FASTENER FAIR ITALY

FASTENER FAIR GLOBAL

FASTENER WORLD

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