Business News • MarketWire • World First Product Secures Growth for Alloy Steel |
World First Product Secures Growth for Alloy Steel |
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World First Product Secures Growth for Alloy Steel
PERTH, AUSTRALIA--(Marketwire - January 12, 2010) - The introduction of the new thicker Super
Alloy Arcoplate onto the market this year has cemented Alloy Steel's
(OTCBB: AYSI) standing as a world leader in bi-metallic overlay technology.
As the first company to develop and manufacture the thicker alloy, Alloy
Steel is now in an unrivalled position and set to continue on a growth
path in coming years.
The past 18 months have been difficult for mining and mining service
companies worldwide due to international economic conditions. However,
Alloy Steel has not only weathered the financial storm but has improved and
strengthened its market position. The company has increased its market
share in Western Australia from 20 percent to an estimated 80 percent in
just two years as a result of a concerted effort from the entire team.
View More : http://www.marketwire.com/mw/release.do?id=1100878&sourceType=3
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