Trade Resources Industry Trends Taiwanese Chung Hung Steel Announced to Raise Its List Prices for Steel Flat Products

Taiwanese Chung Hung Steel Announced to Raise Its List Prices for Steel Flat Products

It's reported that Chung Hung Steel, one of the major carbon steelmakers in Taiwan announced to raise its list prices for steel flat products for October. The company decided to hike its list prices for hot rolled, cold rolled steel products by NT$500/ton respectively. It also increased its list prices for galvanized steel products by NT$600/ton. After the adjustment, its list prices for hot rolled steel products are at NT$18,300~NT$18,400/ton; those for cold rolled steel products are at NT$21,300~NT$21,500/ton and those for galvanized steel products are at NT$22,100~NT$22,400/ton. Besides, Chung Hung Steel hiked its export prices by US$5~US$10/ton.

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=66392&division=A2
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Taiwanese Chung Hung Steel Hikes Steel Flats Prices for October
Topics: Construction