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Taiwanese H section steelmakers plans to raise selling prices this week
Reportedly, the Taiwanese H section steelmakers are planning to raise the selling prices by NT$800~NT$1,000/ton this week, in response to higher oil and electricity prices.

After the price adjustment, the latest selling prices of H section steel will come to NT$25,500~NT$27,000/ton and the actual transaction prices will be at NT$25,000~NT$26,500/ton.

Meanwhile, it’s said that the Chinese manufacturers are also mulling to hike the export prices of H section steel products after the domestic prices rise and the input costs increase.

News Date 4/16/2012 12:55:41 PM reported by Nann Cheng
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