Tang Eng: Stainless steel market expected to recover in H2 2020
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Update time : 2020-06-17 20:46:37
Feng Sheng Wu, Chairman of Tang Eng Iron Works Co., Ltd., one of the main stainless steel manufacturers in Taiwan, said that China and Europe have gradually eased their blockade and resumed works; therefore, it was believed that the stainless steel market will recover little by little in the second half of this year.
Observing the overall market condition in May and June, the stainless steel market has indeed rebounded, and the outlook would be positive in the remaining period of this year.
