14
Sep
09:52
Tsingshan Indonesia hits Taiwan stainless steel industry
According to Taiwanese media reports, the stainless steelmaking volume of the three major mills Yieh United, Huaxin Lihua and Tang Rong has plummeted. The main reason given is that Tsingshan Indonesia has been selling its stainless steel products to Taiwan at competitive prices, Kallanish notes.
Tang Rong Steel has been the most affected. It produced just 8,000 tonnes of crude stainless steel in July, a record low. The three steelmakers …
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Anonymous
Very good overview of the weekly steel market.
Anonymous