The warming of the steel market is expected by the outside world to be expected to have a 10 to 20% increase in performance this year for major manufacturers such as Juheng and Chunyu. Juheng executives said that the screw industry economy has improved significantly in February, mainly because the poor market conditions in the fourth quarter of last year, resulting in the various access points are no longer purchase, inventory is almost bottomed out, replenishment buying has gradually released, the current The company’s orders have been queued to May; while Chunyu said that the screw buying was not good last year, but this year it should be maintained above the level, Chunyu has a high degree of mastery of the Chinese market, coupled with the advantages of low price of Sinosteel, This will greatly benefit the operation this year.

In addition, the legal entity believes that the European debt crisis has been slightly controlled, coupled with the arrival of spring construction sites in the northern countries, and the arrival of the screw season. The growth in the revenue of the main factories such as Juheng and Chunyu this year is a reasonable forecast value of 10 to 20%.