CHQ Makers in Facility Expansion Boom

摘要

Domestic makers of carbon steel wires for cold heading and cold forging (CHQ) are reportedly busy establishing plans for their facility expansions, riding on a boom extended since last year. An industry official said that the number of the companies who have completed basic preparation works necessary for full-scaled expansion of their facilities or are pushing ahead with the introduction of new facilities comes to more than 5, even though there has been no announcement in this regard in fear of bringing about any oversupply phenomenon in the related market.