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Taiwan CSC: Steel Market Turns up with Uptick Foreseeable Through Q1 2021
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2020-10-19
Taiwan CSC president said in a TIFI meeting that Taiwanese fastener export now sees a sign of a turnaround, but that the industry has to work harder on export of aerospace fasteners which remains under challenge.
According to steel experts, after the long vacation in October in China, the steel price surged to USD125.7 per ton on October 9 and then dipped four days to below USD120 per ton. This was due to restricted steel production in China that led to reduced material demand and lowered price which reduced steel supply and stabilized steel price.
Taiwan CSC president said steel market in Q4 is picking up. The market has a positive prospect with momentum from increased automotive and white appliance demand, which hopefully will continue through Q1 2021.
台灣中鋼
鋼市
台灣螺絲業
Taiwan CSC
steel market
Taiwan fastener industry
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美國拉斯維加斯螺絲暨機械設備展
波蘭克拉科夫螺絲展
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2020-10-23
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