On May 27, Taiwanese integrated steel mill China Steel Corporation (CSC) announced that it has decreased its average flat steel prices by NTD 251/mt ($8/mt) for July 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 15,385-17,985 /mt ($502-586/mt) | - NTD 220 /mt (-$7/mt) |
CRC 0.30-1.50 mm | NTD 18,110-19,340 /mt ($590-631/mt) | - NTD 345 /mt (-$11/mt) |
ESC 0.35-0.50 mm | NTD 22,630-23,160 /mt ($738-755/mt) | - NTD 900 /mt (-$30/mt) |
EGC 0.60-1.20 mm | NTD 21,920-22,520 /mt ($715-734/mt) | 0 |
HRP 6.00-16.00 mm | NTD 19,020-19,520 /mt ($620-636/mt) | - NTD 610 /mt (-$20/mt) |
CGI 0.50-1.20 mm | NTD 25,470-26,970 /mt ($830-879/mt) | - NTD 365 /mt (-$15/mt) |
All the above prices exclude VAT and are on actual weight and ex-works basis.
$1 = NTD 30.67