Chung Hung Steel Corporation (CHSC), a Taiwanese hot-rolled and cold-rolled coil and steel pipe company, has announced its price lists for October. Among them, the price of hot-rolled and cold-rolled steel remained the same, while the price of galvanized steel increased by NT$800/ton.
Recently, demand for raw materials for hot dip galvanized steel (HGI) has been higher than for other flat steel; so the raw material suppliers raised their prices.
The market deal was unpopular from June to August, further reducing downstream buyers' inventories. As a result, they replenished their stocks in September. Many structural projects have also been launched, so the demand for galvanized products has increased.
Chung Hung raises prices for galvanized products for October
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Azovpromstal® 26 September 2022 г. 10:42 |
