Taiwan’s CSC posts monthly increase in output in July

Thursday, 11 August 2011 12:02:59 (GMT+3)   |  
       

Taiwan's largest steelmaker China Steel Corporation (CSC) has announced that in July this year its steel production volume totaled 733,957 metric tons increasing 0.9 percent month on month, but decreasing 13.7 percent compared to the same month of the previous year.
     
In May, CSC's sales volume was 763,177 metric tons, decreasing by 2.3 percent as compared to June this year and down 10.11 percent year on year.
 
In the month in question, the steelmaker's sales revenues amounted to NTD 20.21 billion ($696.72  million), falling by 2.5 percent month on month and 6.8 percent year on year, while its income before tax totaled NTD 2,06 billion ($71.25 million).