It has exported a load of 100250I reduced iron powder to a Korean metallurgy company.
“The delivery of first overseas order has seen the exportation of both WISCO powder metallurgy products and service marketing mode,” the company said in a press release.
To ensure the reduced iron powder meets international requirements the company assured proof of quality and safety specification.
According to WISCO, domestic consumption demand of iron powder has declined and the price competition has become heated among reduced iron powder suppliers. Due to the sluggish market, supplies of atomised iron powder with higher purity at a lower price have squeezed out the market share of reduced iron powder.
As a result, WISCO has changed its strategy to explore diversified channels and expand the global market. Its key strategy is now to export its supplies of reduced iron powder while upgrading its corporate image and integrating into the global market.
