CSC announces price reductions for 4th quarter
According to recent news, Taiwanese producer China Steel Corp. (CSC) has announced price reductions for domestic sales for the fourth quarter of 2005. The price reductions ranging between NTD 750-2'500/ton ($23-77) are as follows:Product Price reduction Hot rolled coil: NTD 2'400/ton ($74) Cold rolled coil: NTD 1'170/ton ($36) Electrical sheet: NTD 2'500/ton ($77) Electro-galvanized: NTD 750/ton ($23) Hot dip galvanized: NTD 1'170/ton ($36) Plate: NTD 840/ton ($26) Bar/wire rod: NTD 1'660/ton ($51)