Chung Hung Steel, one of the major steelmakers in Taiwan announced to raise its list prices for hot rolled steel products by NT$450/ton for next January.
In addition, the company also increased the prices for its cold rolled and galvanized steel products by NT$500/ton respectively for next January.
After the adjustment, Chung Hung Steel's list prices for hot rolled steel products are at NT$18,350~NT$19,350/ton; those for cold rolled steel products are at NT$21,500~NT$22,500/ton and those for galvanized steel products are at NT$22,500~NT$23,000/ton.