Trade Resources Market View Taiwanese Coating Steel Mills Said That It Might Raise Its Export Prices

Taiwanese Coating Steel Mills Said That It Might Raise Its Export Prices

Yieh Phui, one of the major coating steel mills in Taiwan said that it might raise its export prices by US$10~US$20/ton for next January due to the rising steel demand in the US and European market. Meanwhile, the price rise is also supported by the fact that China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan may keep its new price flat or raise the prices slightly for next January and February. At the same time, Sysco, another major steel mill in Taiwan, said even though the company has kept its January export price unchanged, its available allocation has almost been full booked. Sysco received good orders from its US buyers. Both Yieh Phui and Sysco believed they should have the better sales in the first quarter of 2014.

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=67351&division=A9
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Taiwanese Coating Steel Mills to Receive Better Export Orders
Topics: Construction