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Chung Hung Steel's Sales Revenues in December Rise by 28.2% From a Month Ago

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Core Tip: Chung Hung Steel, one of the major carbon flat re-rolling mills and the subsidiary of Taiwan's China Steel Corp. (CSC), has announced that its sales revenues in December to

Chung Hung Steel, one of the major carbon flat re-rolling mills and the subsidiary of Taiwan's China Steel Corp. (CSC), has announced that its sales revenues in December totaled NT$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.

 
 
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