Chung Hung Steel: Wire Price for Aug. Continued to Fall

2012-07-30

In response to the low demand, Chung Hung Steel Co., Ltd. decreased NTD350/ ton of its steel price for July, the price for August decreased another NTD500. The domestic sales of hot rolled fell to NTD19,500~NTD20,500/ ton while that of cold rolled fell to NTD21,500~NTD22,500/ ton to match the circulation in the market.