Chin Well Holdings Bhd, South-East Asia's leading mild steel fastener producer, expects stronger demand for its products in the current quarter as well as its new fiscal quarter that starts in June.
Group senior manager Richard Yeap told StarBiz that a stronger market was expected because the price of wire rod, its key raw material, had dropped to US$480–US$520 a tonne, from the peak of about US$550 last year.
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