Rodex Fasteners Corp., one of the major stainless steel fasteners manufacturers in Taiwan said that its Taiwanese plant's sales profit will stay flat in the first quarter of this year.

However, the rising demand from European market may help its Thailand plant's sales profit to improve in the first quarter.

Accordingly, the company's first quarter sales profits are expected higher than the figures in the fourth quarter of 2012.

For the prospect, Rodex Fasteners predicted that its received order volumes in this April may remain at the same level of March but the slowdown demand from Europe and weak stainless steel prices may make the company not be able to win order orders.