It’s reported that Taiwan’s steel pipe makers will adjust prices for July on June 27th after Chung Hung Steel, one of the major upstream raw material suppliers in Taiwan released price policy for July.
Chung Hung Steel will release its prices for July on June 26th. It’s predicted that the company might reduce its prices for hot rolled steel products slightly for July after cutting list prices substantially for June.
Accordingly, it’s predicted that Taiwan’s steel pipe makers might cut its steel pipe prices by around NT$500/ton for July.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=65016&division=A4
