CSC to raise price for Leeway product by TWD 3300 a tonne
Saturday, 04 Jul 2009
It is reported that China Steel Corporation has decided to raise the price for Leeway products for July due to the continuously raising price of long products.
The CR price of Leeway is likely to increase by TWD 3,300 per tonne to TWD 18,700 per tonne from former TWD 15,400 per tonne. CSC also showed their interests in raising the HR price of Leeway, it is predicted that the price will rise by TWD 2,200 to TWD 2,800 per tonne.
Currently, CSC's steel price of the first grade is around TWD 19,500 to TWD 20,000 per tonne, the new price of Leeway can be accepted for buyers due to the reasonable price and the tight supply in the market.
