Steel Market Demand Recovers, China Steel and Chung Hung Continue to Raise June Prices
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AI Summary (NQ-processed)
Due to the recovery of the international steel market, rising raw material and energy costs, and supply tightening caused by geopolitical risks in the Middle East, China Steel and Chung Hung announced a comprehensive price increase for June. China Steel raised prices by NT$500-1200 per ton, and Chung Hung by NT$1200-1500 per ton.