• Steel Market Insider

    We strive to let you one step ahead of the market

Steel News
Advanced search
    Key words
  • Search By
  • Date
  • Classification
  • Region
Advanced search

Taiwanese steel industry’s profits to reduce by 3%~5% on higher electricity charges

  • A
  • A
  • A
It’s reported that Taiwanese steel industry’s profits may reduce by 3%~5% due to higher electricity charges.

According to the analysis of Morgan Stanley and Deutsche, Taiwanese industries including steel, cement and integrated circuit board will be impacted by the increased electricity charges.

The analyst in Morgan Stanley predicted that the consumer price index (CPI) will increase 0.44 percentage point if the electricity charges increase by 20%. As a result, Taiwanese industry’s profits will decrease by 1%.
News Date 29 Mar 2012 10:39:54 reported by Frio Chou

Russian Severstal announces Q1 earnings surge...
Finance and economy
27 Apr 2017 09:29
Taiwan’s China Steel Corp. announces pre-tax profi...
Finance and economy
26 Apr 2017 11:43
WSA: Global steel demand to grow in 2017...
Finance and economy
24 Apr 2017 11:21
China’s Tisco to improve its sales revenue for Q1...
Finance and economy
17 Apr 2017 09:26
BMI predicts China's nickel ore imports up...
Finance and economy
14 Apr 2017 09:29
Most Popular