Chung Hung Steel, one of the major carbon steelmakers in Taiwan is going to release its price policy for September on August 28th.
Industry source predicted that the company might raise its list prices for steel flat products by NT$500~NT$600/ton.
Accordingly, the Taiwanese steel pipe producers might hike the list prices by at least NT$500~NT$600/ton for September.
Meanwhile, the steel pipe makers expected good performance in September and they planned to receive new orders by new list prices from next week.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=65892&division=A4
