Since the steel prices have kept going strongly in the US market, the situation has encouraged Yieh Phui and Sysco, the two major coating mills in Taiwan to raise their new export prices for next February.
It is said that Yieh Phui has already lifted its February price by US$10/ton in early December.
Besides, Sysco has also planned to leave its new February export price recently. It’s learned that Sysco may hike its new price by US$10~US$20/ton.
Those mills believe that the new price rise will bring more confidences to the buyers in future steel market.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=67712&division=A2
