According to the view from Gloria Material Technology Corporation (GMTC), the largest specialty alloy manufacturer in Taiwan, at its institutional investors' conference on November 30th, the economic resuming in the world would continue in 2022, and would further stimulate the steel market demand.

Following the easing situation of Covid-19 in the world, GMTC mentioned that the orders from Boeing and Airbus have both increased gradually, and have already resumed approximately 60% from the Covid-19 impact.

Based on the strong market demand, the company’s operating margin also reached a new 14-year high, reaching 25% in the first three quarters of this year.