The Taiwanese single re-rolling mills are going to release the December price policy this week after Chin Steel Corp. (CSC) launched its prices last week.
Industry sources predicted that the single re-rolling mills might raise the December list prices, supported by surged scrap prices in international market and higher steel wire prices in China.
However, the single re-rolling mills might only increase the December list prices slightly due to bad performance of downstream screw makers in export markets.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=61783&division=A4
