Abstract:
The technology and plant introduced here are
related to the secondary product using the wire rod as
its raw material. Labor-intensive instead of being technology-
intensive, it is already a declining industry in
many of the advanced nations due to the difficulty in
securing labor as well as the weight of labor costs.
Though inferior in its workability to other industries,
it is not subject to encouragement of plastics or
synthetic fibers because of its characteristics. Therefore,
it is the type of business having an increasing
demand, which can be quite competitive if relatively
cheap labor is utilized to advantage in developing
countries where sufficient manpower is available.