On February 26, Taiwanese integrated steel mill China Steel Corporation (CSC) announced that it has decreased its average flat steel prices by NTD 1,008/mt ($32/mt) for March 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 17,105-19,705/mt ($544-627/mt) | - NTD 1,125/mt (-$36/mt) |
CRC 0.30-1.50 mm | NTD 19,995-21,185/mt ($636-674/mt) | - NTD 895/mt (-$28/mt) |
ESC 0.35-0.50 mm | NTD 24,230-24,760/mt ($771-788/mt) | - NTD 625/mt (-$20/mt) |
EGC 0.60-1.20 mm | NTD 23,120-23,720/mt ($736-755/mt) | - NTD 900/mt (-$28/mt) |
HRP 6.00-16.00 mm | NTD 20,675-21,175/mt ($658-674/mt) | - NTD 905/mt (-$29/mt) |
CGI 0.50-1.20 mm | NTD 27,035-27,535/mt ($860-876/mt) | - NTD 805/mt (-$26/mt) |
All the above prices exclude VAT and are on actual weight and ex-works basis.
$1 = NTD 31.43