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Taiwan steel pipe makers to cut exports on increasing NT dollar

Edit:Nina     Click:2875     Time:2010-11-30 17:21:05
steel pipeTaiwan's steel pipe producers intend to reduce the exports to avoid loss on rising NTD dollar against US dollar.

The pipe makers said that Taiwan's China Steel Corp shall cut its prices of hot rolled coil by USD 60 to USD 70 per tonne at least to help its downstream suppliers reduce their costs and gain global competitiveness in price.(Sourced from YIEH.com)
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