Release time : 2015-06-15 13:10:38
China Jiangsu Golden Horse Steel Announces Price Increase for Steel Ball Products
China Jiangsu Golden Horse Steel Ball, Inc, a leading Chinese manufacturer and supplier of ball bearings, announces that the company will make a "market adjustment" of its price of steel balls by 15-20% per product line.
The price increase, due to increased demand for steel products globally will reflect in the overall bottom line for the company's revenues for 2008 going forward. The Company forecasts strong sales in all its ball bearing products and looks forward to releasing its 2008 q1 un-audited financials in the coming weeks.
Golden Horse along with its affiliates and controlled entities is one of the top five manufacturers of steel ball bearings in China. The Company produces over three billion ball bearings annually of various specifications along with its development of over 15 new products, such as stainless steel balls, aluminum balls, and ceramics balls. In addition, the Company continues to export its products to over twenty countries worldwide including the USA, Japan, Brazil, India, and Germany.