On May 24, Taiwanese integrated steel mill China Steel Corporation (CSC) announced its domestic flat steel prices for July and August shipments. The producer has kept its flat steel prices mostly unchanged, while reducing CRC and CGI prices by NTD 450/mt ($15/mt). The new prices are at the following levels:
Product | Price | Change |
HRC 2.00-4.50 mm | NTD 20,730-21,230/mt ($700-718/mt) | - |
CRC 0.30-1.50 mm | NTD 23,170-24,670/mt ($782-864/mt) | -NTD 450/mt ($15/mt) |
ESC 0.35-0.50 mm | NTD 27,105-27,635/mt ($915-933/mt) | - |
EGC 0.60-1.20 mm | NTD 26,420-26,920/mt ($892-909/mt) | - |
HRP 6.00-16.00 mm | NTD 26,545-27,045/mt ($896-913/mt) | - |
CGI 0.50-1.20 mm | NTD 31,500-32,000/mt ($1,063-1,080/mt) | - NTD 450/mt ($15/mt) |
All the above prices exclude VAT and are on actual weight and ex-works basis.
$1 = NTD 29.63