Chin Well’s prospects sustained by demand

Higher orders: A view of Chin Well’s fastener production floor. The European Commission’s plan to apply definitive anti-dumping duties on steel fasteners from China will bode well for the company.

PETALING JAYA: Chin Well Holdings Bhd’s prospects are improving, with global demand for industrial fasteners expected to return to pre-pandemic level in the foreseeable future.

In addition, the European Commission’s plan to apply definitive anti-dumping duties on steel fasteners from China will also bode well for Chin Well, which is involved in the manufacturing and trading of fastening and wire products.