Chung Hung Steel December sales revenues rise by 28.2% in a month

Chung Hung Steel, one of the major carbon flat re-rolling mills and the subsidiary of Taiwan's China Steel Corp has announced that its sales revenues in December totaled NTD 4.005 billion, rising by 28.2% from a month ago.

In December, Chung Hung Steel produced 216,000 tons of steel products, increasing by 32.5% from 163,000 tons in November. Besides, the company’s sales volumes rose by 27.9% month on month to 229,000 tons.

Meanwhile, it’s expected that Chung Hung Steel may raise its prices for February if CSC announces to increase the prices for March.