News & Trends
CSC may lift HRC leeway price by TWD 600 a tonne - 09 Mar, 2010
(Free news on steel, iron ore, coal, nickel, copper, metals and mining)

It is reported that Taiwan's China Steel Corporation will release its leeway resources soon and it is estimated that CSC would lift the HRC price by TWD 600 per tonne.

Currently, CSC is studying the operation of Leeway and calculating the quantity of HRC, CRC and GI products.

With the increasing raw material cost on the international market, how much CSC’s leeway will increase on price still remained as an open question.

Market participants said that HRC from CSC’s Leeway would probably go up by TWD 600 per tonne due to tight supply.

(Sourced from YIEH.corp)


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