It is reported that some of the steel pipe makers in Taiwan have offered discounts for customers to gain orders as they've seen the major upstream raw material supplier such as China Steel Corporation and Chung Hung Steel would cut list prices.

CSC is going to release its new list prices next week. After that, Chung Hung Steel will also launch its prices.

It is been seen that the two major steel companies in Taiwan would cut the prices of hot rolled steel by more than TWD 500 per tonne.

Affected by these factors, some steel pipe producers in Taiwan have offered discounts to gain orders.

Source - www.yieh.com)

(www.steelguru.com)