On November 18, Taiwanese integrated steel mill China Steel Corporation (CSC) announced that it has decreased its average flat steel prices by NTD 350/mt ($11/mt), for January and February shipments as compared to its previous price levels.
The mill's new prices are at the following levels:
Product | Price | Change |
HRC 2.00-4.50 mm | NTD 18,540-21,140/mt ($600-684/mt) | - NTD 310/mt (-$10/mt) |
CRC 0.30-1.50 mm | NTD 20,930-22,430/mt ($678-726/mt) | - NTD 490/mt (-$16/mt) |
ESC 0.35-0.50 mm | NTD 25,280-25,810/mt ($818-836/mt) | - NTD 80/mt (-$3/mt) |
EGC 0.60-1.20 mm | NTD 24,620-25,220/mt ($797-816/mt) | - |
HRP 6.00-16.00 mm | NTD 21,340-21,840/mt ($690-707/mt) | - NTD 600/mt (-$19/mt) |
CGI 0.50-1.20 mm | NTD 28,060-28,560/mt ($908-925/mt) | - NTD 380/mt (-$12/mt) |
All the above prices exclude VAT and are on actual weight and ex-works basis.
$1 = NTD 30.84