As Taiwanese Chung Hung Steel (CHS) unchanged its prices, the pipe mills followed to keep their prices flat for November.
Taiwanese carbon steel pipe demand remained weak recently and was not strong compared to September. The order received was not as good as expectation. Therefore, some mills might decrease price further in order to get orders from buyers.
According to the understanding, there was no profit for pipe mill and the pipe deal price was very closed to raw material (coil) price. The new list price for carbon steel pipe was in the range of NT$22,400~22,700/ton and galvanized pipe was in the range of NT$30,900~35,700/ton.
