Trade Resources Industry Trends The Taiwanese Steel Pipe Producers May Remain Its List Prices Unchanged for November

The Taiwanese Steel Pipe Producers May Remain Its List Prices Unchanged for November

It's reported that the Taiwanese steel pipe producers may remain its list prices unchanged for November as Chung Hung Steel, the major upstream raw material supplier is predicted to keep its carbon steel flat product prices flat. Chung Hung Steel is going to release its price policy for November on October 24th. Market participants predicted that the company might remain its list price unchanged as the steel flats prices have dipped slightly in October. It's known that Chung Hung Steel hiked its steel flat product prices by NT$500~NT$600/ton for October but some of the steel pipe producers did not follow Chung Hung Steel's step to increase prices accordingly due to weak demand.

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=66726&division=A4
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Taiwanese Steel Pipe Producers May Keep Prices Flat for November
Topics: Construction