Taiwanese steel company increases galvanized products prices

Taiwan's Chung Hung Steel Corporation, primarily manufacturing hot and cold-rolled coils and steel pipes, announced its price lists for October. Although the hrc and crc prices kept flat, the galvanized products increased by 25 US dollars per ton.

Since the raw material demand for hot-dip galvanized steel iron became higher than other flat steel; the upstream raw material suppliers increased their prices.

There is a high demand for galvanized products due to the constructive projects that have been started.