Trade Resources Economy Chung Hung Steel Lift Its Domestic Prices for HRC and CRC for Domestic Sales in March

Chung Hung Steel Lift Its Domestic Prices for HRC and CRC for Domestic Sales in March

It’s reported that Chung Hung Steel, one of the major re-rollers in Taiwan announced to lift its domestic prices for hot rolled coils (HRC) by NT$1,000~NT$1,200/ton and cold rolled coils (CRC) by NT$1,000/ton for domestic sales in March. Meanwhile, the company also announced to increase US$30-US$40/ton for April deliveries for export customers and it expected the market demand and order will remain firm in March this year. After prices adjustment, HRC prices are about NT$19,500/ton and the CRC prices are at about NT$22,227/ton. 

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=63326&division=A2
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Taiwan's Chung Hung Steel Announces to Lift Prices for March
Topics: Metallurgy