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Dragon Steel to cut billet and H-beam prices

Dragon Steel, the subsidiary company of Taiwan’s China Steel Corporation has announced to cut its prices of billet and H-beam for the domestic market in October.

The company’s price for H-beam and billet will reduce by TWD 600 per tonne to TWD 800 per tonne.

Current cheaper Chinese imports of billet have increased and continued to depress market sentiment in the domestic market, which is also the main reason that the company decided to cut its prices.

Source – yieh

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