Tung Ho Steel, one of the electric furnace mills and the major steel long products suppliers in Taiwan announced that its April combined sales revenues totaled NT$3.086 billion, falling by 10.05% from a month ago.
Meanwhile, Tung Ho Steel posted combined sales revenues of NT$12.06 billion for the first quarter of this year, increasing by 28.1% from a quarter ago. The rush demands from Tung Ho's in-hand construction projects were the major reason to push its first quarter sales revenues to go up. For the second quarter of this year, Tung Ho said its sales of rebar and steel section have stayed firmly; therefore, its sales should be about to stay the same level as the first quarter.