Posted on 08 Oct 2007
This is mainly because of rising raw material costs and strong demand. Hereinto, the heavy plate prices is likely to be increased by even US$20~30/ton due to strong demand and tight supply.
And the prices of hot rolled and cold rolled coils will be increased by US10~20/ton in view of iron ore and coal cost increase. CSC started price negotiation with customers this week and will be concluded by the end of this month
