CSC said steel makers have seen profitability hurt by increased costs of ironmaking raw materials and the sharp decline in steel product prices.
Tag "taiwan"
First held in 2010, the sixth Taiwan International Fastener Show will be April 21-23, 2020, in Kaohsiung.
Taiwan fastener exports set records in export volume, price and value during the first half of 2018, ChinaFastener.Info reports. Fastener exports from Taiwan could see increased gains in the second half of 2018 if U.S. President Donald Trump applies additional tariffs of 10% on $200 billion worth of Chinese exports, including fasteners.
The increase marks the third consecutive quarterly price hike by CSC.
A focus this year will be light-weighting – such as titanium screws for the aerospace sector and high-end bicycles.
Taiwan fastener exports rose 2.65% to 1.058 million tons in the first eight months of 2017, Fastener World reports.
China Steel Corp (CSC) of Taiwan raised steel prices by 12.6% for deliveries in the first quarter of next year, the Taipei Times reports. CSC said the hikes are due...