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Taiwanese E-Sheng remains section steel price unchanged this week

23 Jul 2019 13:10 reported by Joy Liu

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E-Sheng Steel Co., one of the section steel manufacturers in Taiwan, announced to remain its prices for section steel unchanged for this week.

According to the price announcement, the price for small-sized SS400 angle bar was NT$19,800~20,800/ton; that for A36 channel bar was NT$19,800/ton; that for A36 and SS400 flat bar was NT$19,800~21,700/ton; that for A36 round iron was NT$20,300~21,300/ton. The promotional price for A36 flat bar was NT$19,300/ton, and the surcharge of length, quality and cutting was also kept flat at NT$200/ton.

The demand for section steel in the domestic market was still weak this week. Market participants estimated the demand will drop by around 20-30% as the order volume from downstream buyers showed a remarkable decline. Besides, the distributors reduced inventories due to sluggish demand in the market.

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