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Chung Hung may rise April list prices further-The 17th China(Guangzhou) International Tube&Pipe Expo
3/23/2016 Tube&Pipe exhibition |
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Chung Hung Steel (CHS), one of the major carbon steel flat re-rollers and also the major welded pipe makers in Taiwan, will hold the price meeting this Thursday(Mar. 24).
Stimulated by the high price level for plate and supply shortage, CHS is very likely to increase prices further. And it is expected that the rise may be larger than in March.
According to expectation, CHS may rise its prices of hot rolled and galvanized steel products as same as in March. As cold rolled products imports have reduced, currently, CHS may be possible to increase its cold rolled product in the range of NT$800~900/ton.
-The 17th China(Guangzhou)
International Tube&Pipe Expo
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