Taiwanese company Chung Hung will increase prices for rolled metal in November

Chung Hung Steel Corporation (CHSC), a Taiwanese carbon steel producer under the China Steel Corporation (CSC), is estimated to raise prices for November after price adjustments by CSC.

This Tuesday (October 13), CSC increased its hot rolled steel prices by NT $ 1000-1200 /t and CHSC was expected to raise its price by NT $ 1000 /t in November, bringing new prices to 17,800-18,000 Taiwanese dollars per ton.