Froch Enterprise, one of the major stainless steel flat products service centers and welding pipe makers in Taiwan, has announced its December sales revenue totaled NT$849 million, up by 2.99% from a month ago.

The company explained that its shipping volumes in December remained flat from a month ago but the steel prices were lower.

For the prospect, Froch Enterprise expected that its January sales revenue will rise by around 10% from a month ago due to rising stainless steel prices.