A Perfect Proxy To Play The Tyre Industry!
Understanding the Business
Company makes just two products:
- Tyre bead wire
- High carbon steel wire
It derives major revenue from ‘Tyre bead wire’ which accounts for 89% of total capacity and 91% of revenues.
For the uninitiated, ‘Tyre bead wire’ is the soul of every tyre. It is core to the safety of tyre use; it holds the tyre to the rim, enhancing product safety. The product is mature and its application has…