Reportedly, the Taiwanese steel pipe makers are going to release new prices for next January on December 27th.
It’s known that Chung Hung Steel, the major upstream raw material supplier for steel pipe makers in Taiwan announced to raise its list prices by NT$450~NT$500/ton for next January.
Market insiders predicted that the steel pipe makers might raise the prices by more than NT$500/ton for next January in order to make up the deep price cut in this November.