CSC local sales prices for Q1 2006

CSC local sales prices for Q1 2006

Following the price decrease announcement of Taiwan’s largest steel maker, China Steel Corporation (CSC), the new local sales price levels for the 2006 first quarter are as follow:

Prices are per metric ton

Product               Q4 2005      decrease      Q1 2006     Q1 2006 
                        NT$           NT$          NT$         US$
 
Plate                 18’790          740        18’050       $542
Wire rod              16’470        1’410        15’060       $452 
Hot rolled coil       15’720        2’370        13’350       $401
Cold rolled coil      20’520        1’860        18’660       $560
Electro-galvanized    24’850            0        24’850       $746
Electrical sheet      22’510        3’750        18’760       $563
Galvanized iron       24’620          930        23’690       $711
  

NT$1 = $0.03