Taiwan carbon steel tube mills to raise prices in July - 02 Jul, 2008
Taiwan’s Chung Hung Steel has announced to raise TWD 2,000 to TWD 3,000 per tonne on its hot rolled product.
Consequently, the domestic black pipe mills have already expressed that they will increase the price list in July. The price rise is to compensate for significant increases in the cost of raw material.
The increase range is between TWD 2,000 to TWD 2,500 per tonne as current selling price has reached TWD 36,500 to TWD 37,500 per tonne.