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China Steel Corp raising steel prices by up to NT$1,200

China Steel hikes prices amid global trend | Hellenic Shipping News Worldwide

China Steel hikes prices amid global trend | Hellenic Shipping News Worldwide
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China Steel to increase prices by 2 44% | Hellenic Shipping News Worldwide

China Steel Corp, the nation’s largest steelmaker, yesterday said that it would raise steel prices by 2.44 percent on average for shipments next month, as local customers accelerate inventory buildup amid improving demand during the high season. The company is taking its cue from global peers, which have raised steel prices in response to improving .

China Steel to increase prices by 2 44%

China Steel Corp (中鋼), the nation’s largest steelmaker, yesterday said that it would raise steel prices by 2.44 percent on average for shipments next month, as local customers accelerate inventory buildup amid improving demand during the high season. The company is taking its cue from global peers, which have raised steel prices in response to improving demand from the construction and auto industries, as more countries gradually open their economies and plan to roll out new infrastructure projects in the second half of this year. China’s Baowu Steel Group Ltd (寶武鋼鐵) and Angang Steel Co (鞍山鋼鐵) have raised domestic steel prices by

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