YIEH.COMRegisterForgot your ID? About Yieh Corp. Español Contact UsInquiry Now 
Market News
Expert Article
Useful Link
Conference & Exhibition
Market News Archive
Key Word
Search By
Long product ... more
Taiwanese section steel prices expected to rise on higher oil and electricity charges
Reportedly, the prices of section steel are expected to rise in Taiwanese steel market in response to higher oil and electricity charges.

It’s said that the Taiwanese government would start to increase the electricity charges for industry by 30%~60% averagely from the end of May.

As a result, it would make electric furnace (EF) mills to face huge input costs, causing EF mills transfer the input costs to its product prices.

At present, the Taiwanese major steel mills’ list prices of H section steel are at NT$25,500~NT$27,000/ton averagely, close to the highest level; however, steelmakers still plan to raise the prices further.

For the small-size section steel, the current list prices are at NT$22,600~NT$22,800/ton and the actual selling prices are at NT$21,800~NT$22,000/ton. It’s learned that the steelmakers plan to raise the prices further by NT$200~NT$300/ton.

News Date 4/13/2012 9:32:57 AM reported by Nann Cheng
Related News
No 6, E-Da Road, Yanchao Dist., Kaohsiung City, Taiwan, 82445 R.O.C. │ Tel : +886-7-615-1000 │ Fax : +886-7-615-3000
Copyright (c) 2014 Yieh Corp.. Al l rights reserved Skype to us |Privacy Policy | E-mail: ec@yieh.com