On January 20, Taiwanese integrated steel mill China Steel Corporation (CSC) announced that it has decreased its average flat steel prices by NTD 425/mt ($13/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 18,230-20,830/mt ($576-658/mt) | - NTD 620/mt (-$20/mt) |
CRC 0.30-1.50 mm | NTD 20,580-22,080/mt ($650-698/mt) | - NTD 840/mt (-$27/mt) |
ESC 0.35-0.50 mm | NTD 24,855-25,385/mt ($785-802/mt) | - NTD 505/mt (-$16/mt) |
EGC 0.60-1.20 mm | NTD 24,020-24,620/mt ($759-778/mt) | - NTD 600/mt (-$19/mt) |
HRP 6.00-16.00 mm | NTD 21,580-22,080/mt ($682-698/mt) | - NTD 360/mt (-$11/mt) |
CGI 0.50-1.20 mm | NTD 27,840-28,340/mt ($880-895/mt) | - NTD 600/mt (-$19/mt) |
All the above prices exclude VAT and are on actual weight and ex-works basis.
$1 = NTD 31.65