It is reported that Taiwanese Yieh Phui has released its December 2011 price policy on November 30th 2011.

As per report, the company decided to cut the domestic prices of coated steel by TWD 1,000 to TWD 1,500 per tonne averagely for December in response to the price cut of China Steel Corporation and Chung Hung Steel, the two major upstream supplies in Taiwan.

It is known that CSC cut the list prices of hot rolled steel by TWD 1,800 per tonne for January and February 2012.

(Sourced from www.yieh.com)