On April 17, Taiwanese integrated steel mill China Steel Corporation (CSC) announced that it has decreased its average flat steel prices by NTD 1,285/mt ($41/mt) for June 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 15,605-18,205/mt ($503-587/mt) | - NTD 1,500/mt (-$48/mt) |
CRC 0.30-1.50 mm | NTD 18,455-19,685/mt ($595-635/mt) | - NTD 1,500/mt (-$48/mt) |
ESC 0.35-0.50 mm | NTD 23,530-24,060/mt ($759-776/mt) | - NTD 700/mt (-$23/mt) |
EGC 0.60-1.20 mm | NTD 21,920-22,520/mt ($707-726/mt) | - NTD 1,200/mt (-$39/mt) |
HRP 6.00-16.00 mm | NTD 19,630-20,130/mt ($633-649/mt) | - NTD 1,045/mt (-$34/mt) |
CGI 0.50-1.20 mm | NTD 25,835-26,335/mt ($833-849/mt) | - NTD 1,200/mt (-$39/mt) |
All the above prices exclude VAT and are on actual weight and ex-works basis.
$1 = NTD 31.01