Because of falling prices for nickel Yieh United Steel Corp. (YUSCO, Taiwan) reduces the volume of production of stainless steel products. According to The Taiwan Economic News, issue of rental will be reduced by 20%.
Similar plans are available from other manufacturers, and stainless steel in Asia. Part of leading Chinese enterprises to stop a series of equipment for repairs. Cut production in July and August, according to several sources, collected in the South Korean POSCO.
As written in Yieh earlier. Corp, in the current situation, reduction of Metallurgists Asia demand a decision to reduce output by more than reasonable and makes it possible to stabilize prices.