May 17, 2008

Taiwanese H beam price to up in April

It is reported that Taiwan’s H beam price is expected to rise again by USD48 to USD 64 per tonne to reach USD 935 to USD 942 per tonne in April 2008 since the electricity and oil prices is anticipated to raise after the coming presidency election.

Furthermore, it’s said that mills might raise H beam price again in order to offset increasing scrap price.

(Sourced from YIEH)