It’s reported that the Taiwanese steel pipe makers may remain the prices flat for Aprilif Chung Hung Steel, one of the major upstream material suppliers to steel pipe producers keeps its list prices unchanged for April.

In fact, the market participants previously predicted that Chung Hung Steel would hike its list prices by NT$500~NT$600/ton for April, boosted by higher prices of imported slabs.

However, Chung Hung Steel has faced difficult to raise the prices for April as the steel flats market has turned weak recently