News Room - Steel Industry

Posted on 12 Nov 2007

Taiwan's HR & GI markets strong

As Chung Hung Steel (CHS) increased its list price, Taiwan's domestic price of hot rolled product has raised by US$15/ton to US$615/ton, and the price of cold rolled has increased by US$12/ton to US$678/ton.

Due to tight domestic supply, HGI ex-work price hiked to US$710/ton and CGI ex-work price to US$740/ton.

Besides, the CGI export price from China has increased by US$15/ton, and therefore the CGI price will keep mounting.