Taiwan's China Steel in October and November, the average nominal price of domestic sales down 5

according to the International Iron and Steel Association statistics World steel pipe network editing , January to June, 706 million tons of global crude steel production increased by 28% compared to the same period, but the projected demand increased by only 10.7 percent, the national crude steel production rapidly increasing, though already out of the shadow of the financial crisis, but the second half of the countries in steel oversupply already signs.

in Taiwan earlier this year has returned to pre-crisis levels rise in steel prices in short supply, caused by the first half of steel import large quantities of up to 2.1 million tons, an increase of 213 percent over the same period last year . Mainland China have also produced excess capacity, not only since mid-April, steel prices fell, and cheaper big steel exports. Cheap steel imports from mainland China in Taiwan, such as plate, hot-rolled, galvanized, compared with last year a substantial increase, plus the Korean and Japanese steel mills in Taiwan plate and cold, hot-rolled market world pie network information , coveted, this wave of steel the main reason prices fell.

fallen for three months in mid-July to recover, and the steel mounting losses have maintenance cut coincided with the international cost of steel scrap, coal, iron The increase in Po, Wu, Anshan Iron and steel mills have announced the nominal price increase in September, the International Iron and Steel in the fourth quarter is expected to enter the traditional peak season. But even the Chinese mainland market, steel market rebound in export steel prices have also back up, but still full of disturbing psychological wait and see. Steel belongs Long hot rolling mill is test production in February next year, cold rolling and galvanizing line will be put into production, expanding the market for the active layout, and the dumped imports of steel to fight back in the steel company decided to come down in October and November steel domestic prices, the average per ton down NT 1482 yuan, with an average decline of 5.9 percent.

Steel Corporation held on August 25, 10, 11 domestic steel pricing Factory disk meeting in the resolution: