On February 24, Taiwanese integrated steel mill China Steel Corporation (CSC) announced that it has increased its average flat steel prices for shipments in the second quarter of 2017 as compared to its previous price levels for the first quarter.
The mill's new prices are at the following levels:
Product | Price (NTD/mt) | Price ($/mt) | Change (NTD/mt) |
HRC 2.00-4.50 mm | 20,530-23,130 | 668-752 | + 1,500 |
CRC 0.30-1.50 mm | 25,540-26,770 | 831-871 | + 1,550 |
ESC 0.35-0.50 mm | 28,305-28,835 | 920-938 | + 2,600 |
EGC 0.60-1.20 mm | 24,920-26,520 | 810-862 | + 1,200 |
HRP 6.00-16.00 mm | 24,150-24,650 | 785-802 | + 940 |
CGI 0.50-1.20 mm | 30,935-32,435 | 1.006-1.055 | + 1,600 |
All the above prices exclude VAT and are on actual weight and ex-works basis.
$1 = NTD 30.75