It’s known that Chung Hung Steel, one of the major upstream raw material suppliers to the Taiwanese steel pipe makers increased its February list prices for hot rolled steel products by NT$650/ton.
The steel pipe manufacturers said that they decided to raise the February list prices by NT$800~NT$900/ton in order to reflect higher raw material prices and production loss.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=62814&division=A4
