On May 27, Taiwanese integrated steel mill China Steel Corporation (CSC) announced that it has increased its average flat steel prices by NTD 1,701/mt ($52/mt) for July and August 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 17,660-20,260/mt ($541-621/mt) | +NTD 1,870/mt ($57/mt) |
CRC 0.30-1.50 mm | NTD 21,110-22,340/mt ($650-685/mt) | +NTD 2,160/mt ($66/mt) |
ESC 0.35-0.50 mm | NTD 23,205-23,735/mt ($711-716/mt) | +NTD 1,390/mt ($43/mt) |
EGC 0.60-1.20 mm | NTD 21,720-22,320/mt ($666-684/mt) | +NTD 500/mt ($15/mt) |
HRP 6.00-16.00 mm | NTD 20,990-21,490/mt ($643-659/mt) | +NTD 1,100/mt ($34/mt) |
CGI 0.50-1.20 mm | NTD 27,420-28,920/mt ($840-886/mt) | +NTD 1,780/mt ($55/mt) |
All the above prices exclude VAT and are on actual weight and ex-works basis.
$1 = NTD 32.63