The Taiwanese steel pipe producers announced to raise list prices for October, in order to reflect Chung Hung Steel’s price rise.
It’s learned that Chung Hung Steel, the major upstream supplier to the Taiwanese steel pipe makers announced to increase its list prices for hot rolled and cold rolled steel products by NT$500/ton respectively for October.
Also, the company hiked its list price for galvanized steel products by NT$600/ton.
Therefore, the steel pipe producers hike prices by NT$600/ton for October.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=66439&division=A4