It’s reported that the Taiwanese steel pipe makers may leave list prices unchanged for April as it’s expected that Chung Hung Steel, the major upstream raw material supplier may remain its list prices flat for April. It’s known that the steel pipe prices have continued rising since this January to March. Market participant previously forecasted that Chung Hung Steel would raise its list prices by NT$500~NT$600/ton for April; however, they currently predicted that Chung Hung Steel might leave its list prices unchanged due to decreased steel flats prices in global market.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=63624&division=A4
