Home Company Profile Steel Industry Analysis Meps Publications Consultancy Independent Studies
 
MEPS Steel Prices On-line MEPS Steel Reports On-line MEPS Industrial Sector Steel Price Index

Company Profile
Steel Industry Analysis
MEPS Steel Publications
Steel Consultancy
MEPS World Steel Prices
Independent Studies
Request Free Publications
MEPS Index Steel Prices
Steel Statistics
Subscribe to Publications
MEPS Steel News
Industry News
MEPS Sponsored Events
Steel Links
Subscription Rates
Add Link To Website
Content for Websites
Contact Us
Site Map

 

Home > MEPS Steel News - 04.06.2015

TAIWAN STEEL MARKET ROUNDUP FROM MEPS INTERNATIONAL LTD

Taiwanese hot rolled coil selling figures have decreased sharply over the last month, according to MEPS. Producers are attempting to boost sales amidst relatively muted activity

Cold rolled coil sales remain slow. Producers have agreed further, relatively large concessions. Domestic mills continue to try to claw back business from overseas suppliers.

MEPS has also noted further price erosion for hot dipped galvanised coil, in a climate of tepid demand and fierce import competition. Overseas sales have been hit by threats of trade action. After falling in April, electro-zinc coated coil selling values have stabilised.

Yieh Hsing, one of the major wire rod producers in Taiwan, announced it would slash list prices for May contracts. The move has been reflected in the marketplace, with transaction values tumbling severely.

Domestic or local mills have conceded discounts for rebar in the face of muted demand and lower scrap costs. There is some underlying negative pressure in the merchant bar market. Lower prices cannot be ruled out in the near future.


Source: MEPS International Steel Review - May Issue

Free Sample copies of MEPS Reports

 

 

Purchase the latest copy of International Steel Review here

Sign up for free MEPS steel news alerts

Enter e-mail address *Required

Name:      


Company: 
If you are a journalist please tick here: