According to report, China’s stainless steel prices has rose about RMB200/ton in the spot market over the past two weeks. Taiyuan Iron & Steel Group (Tisco) current price of 2mm 430 series CRC has raised from RMB10,500/ton~RMB10,600/ton to RMB10,800/ton in last week. It is also reported that some traders even offered higher prices; moreover, it […] ↓ Read the rest of this entry…
Taiwan’s Chung Hung Steel (CHS) has announced to lift the carbon steel price for October. The domestic price of hot rolled coil rises by NT$500/ton and the export price is up by US$15~20/ton. However, CHS’s price is US$30~50/ton higher than Japan, South Korea and China. Dealers said that CHS’s new price might affect its export […] ↓ Read the rest of this entry…
It is reported that more than 10,000 tons of HR pickling material imported from South Korea is looking for selling into the Taiwanese steel market with NT$22,000/ton. However, the steel market in Taiwan is currently rife with HR leeway stocks, which is impacting on the products from South Korea. According to market insiders, the market […] ↓ Read the rest of this entry…
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