It is reported that Taiwanese re rollers have increased their cold rolled prices up by around TWD 2,000 per tonne in line with Chung Hung Steel.
Current market prices of CRC are prevailing at around TWD 36,000 to TWD 36,500 per tonne. Market participants will wait and see what will happen next in the market.
CHS also has decided to raise its price of hot rolled product by TWD 2,000 per tonne for July, as its ex work prices are around TWD 33,500 per tonne.
