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Taiwanese H section steelmakers plans to raise selling prices this week

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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 16 Apr 2012 13:09:11 reported by Nann Cheng

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