China Steel raises prices by avg 12.1 pct for April-May
China Steel Corp, Taiwan's top steel producer, said on Thursday that it will raise domestic prices of its steel products by an average of about 12.1 percent for April-May.
It said the rise was because of rising coal costs sparked by surges in commodity prices.
Below is a table of price rises for different products:
PRODUCT PRICE CHANGE
PER TON (T$)
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Sheet steel +2,949
Rods +2,500
Hot-rolled mid/high carbon and low alloy +2,945
Cold-rolled mid/high carbon and low alloy +2,747
Galvanised steel coil +3,500
Electromagnetic coil +2,000
Hot dip galvanising coil +3,167
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