Taiwanese Froch may reverse of loss on inventory at end of December

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Publish time: 20th December, 2012      Source: ChinaCCM
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Froch Enterprise, one of the major stainless steel service centers and welding pipe makers in Taiwan said that its selling price for its stainless steel products in this month has increased slightly due to stable nickel prices.

The company expected to reverse of the loss on inventory if the LME nickel prices stay firmly at the level of US$27,000/ton.