China Steel Corp yesterday said it would raise prices for do


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China Steel Corp yesterday said it would raise prices for domestic deliveries by 1.32 percent next month and for next quarter to reflect higher manufacturing costs and rising steel demand. Strong global economic recovery, a bullish prediction of Taiwan’s GDP growth of 5.4 to 6 percent, and large infrastructure projects in the US, China, Europe and India have set the tone for a strong steel market for the coming seasons, but there is still uncertainty due to the COVID-19 pandemic and logistics issues, the nation’s largest steelmaker said. “We are heading into the fourth quarter, traditionally the strong quarter for...