On January 21, Taiwanese integrated steel mill China Steel Corporation (CSC) announced that it has increased its average flat steel prices by NTD 307/mt ($9/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 13,650-16,250/mt ($404-481/mt) | - NTD 300/mt (-$9/mt) |
CRC 0.30-1.50 mm | NTD 16,730-17,960/mt ($496-532/mt) | - NTD 300/mt (-$9/mt) |
ESC 0.35-0.50 mm | NTD 21,085-21,615/mt ($625-640/mt) | - |
EGC 0.60-1.20 mm | NTD 20,620-21,220/mt ($611-629/mt) | - |
HRP 6.00-16.00 mm | NTD 18,115-18,615/mt ($537-551/mt) | - NTD 300/mt (-$9/mt) |
CGI 0.50-1.20 mm | NTD 24,470-24,970/mt ($725-740/mt) | - NTD 600/mt (-$18/mt) |
All the above prices exclude VAT and are on actual weight and ex-works basis.
$1 = NTD 33.76