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23 May
05:48

Chung Hung Steel lifts June domestic sales price

Chung Hung Steel has lifted its June domestic sales prices, following in the footsteps of its parent company, China Steel Corporation (CSC). This is due to recent downstream demand recovery, improved global economic activity and improved steel fundamentals, Kallanish understands. The steelmaker has decided to increase hot rolled coil and cold rolled coil offers by TWD 300/tonne ($9.3/t), at the same rate as CSC, and galvanized steel by TWD 500/t for domestic sales…
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