It’s reported that Chung Hung Steel, one of the major carbon steelmakers in Taiwan announced to cut its export prices for hot rolled coils (HRC) and cold rolled coils (CRC) by US$30~US$40/ton for July shipments, affected by weak steel prices in global market.
After the adjustment, its prices for HRC and CRC are at US$670/ton FOB and US$680/ton FOB respectively. (…)
