Trade Resources Industry Views Chung Hung Steel Announces That Its Consolidated Revenue in This July Soaring by 23.5%

Chung Hung Steel Announces That Its Consolidated Revenue in This July Soaring by 23.5%

Chung Hung Steel, one of the major carbon steel rerolling mills and also the major welded pipe makers in Taiwan has announced that its consolidated revenue in this July totaled NT$3.184 billion, soaring by 23.5% from a month ago. The company said that its sales quantity in this July totaled 181,000 tons, jumping by 43.7% from a month ago.

However, Chung Hung Steel’s average selling prices in July were lower than the prices in June. Also, the market analyst expected Chung Hung Steel’s August sales revenue may stay at the same level as in this July.

 

 

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=65787&division=A6
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Chung Hung Steel's Sales Revenues Rise by 23.5% in July
Topics: Metallurgy