On May 26, Taiwanese integrated steel mill China Steel Corporation (CSC) announced that it has decreased its average flat steel prices for shipments in the third quarter of 2017 as compared to its previous price levels for the second 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 | 19,070-21,670 | 633-719 | -1,460 |
CRC 0.30-1.50 mm | 23,860-25,090 | 792-832 | -1,680 |
ESC 0.35-0.50 mm | 27,705-28,235 | 919-937 | -600 |
EGC 0.60-1.20 mm | 23,720-25,320 | 787-840 | -1,200 |
HRP 6.00-16.00 mm | 23,120-23,620 | 767-784 | -1,030 |
CGI 0.50-1.20 mm | 29,035-30,535 | 963-1,013 | -1,900 |
All the above prices exclude VAT and are on actual weight and ex-works basis.
$1 = NTD 30.14