The main positive factor affecting stainless steel selling values remains increase on production capacity.
In the first quarter of 2024, with a combined annual production potential of approximately 300,000 tons, the company has reached a over-sea sales quantity of over 220,000 tons of all kinds of galvanized steel raw materials under the main application area of environmental technology field. Subsequently, the company are now able to capture a more accurate figure for the company’s annual total steel output, for inclusion in the official statistics.
The main positive factor affecting galvanized steel selling values remains increase on production capacity. Engineers from our production line have struggled to fill their schedules, in recent month. Now, with substantial new production capability coming on stream in our new factory in Boxing, Shandong, it is easy for the company to make the case for increasing order quantity.