HomeProduct Complimentary download Taiwan’s Chung Hung Steel announces to lift prices for March

Taiwan’s Chung Hung Steel announces to lift prices for March

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Publish time: 8th March, 2013      Source: ChinaCCM
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It's reported that Chung Hung Steel, one of the major re-rollers in Taiwan announced to lift its domestic prices for hot rolled coils (HRC) by NT$1,000~NT$1,200/ton and cold rolled coils (CRC) by NT$1,000/ton for domestic sales in March.

Meanwhile, the company also announced to increase US$30-US$40/ton for April deliveries for export customers and it expected the market demand and order will remain firm in March this year.

After prices adjustment, HRC prices are about NT$19,500/ton and the CRC prices are at about NT$22,227/ton.