Taiwan’s CSC posts lower operating revenues for September

Friday, 13 October 2023 10:45:14 (GMT+3)   |   Istanbul

Taiwan’s largest steelmaker China Steel Corporation (CSC) has announced that in September this year its carbon steel sales volume totaled 700,675 metric tons, while in the January-September period its carbon steel sales volume amounted to 5.87 million mt.

In September, CSC’s operating revenues amounted to NTD 29.45 billion ($914.06 million), down by 3.5 percent month on month. In the given month, the company’s operating income totaled NTD 366.22 million ($11.36 million), compared to a NTD 285.21 million income recorded in the previous month.

In the January-September period this year, CSC’s operating revenues amounted to NTD 274.93 billion ($8.53 billion), decreasing by 22.3 percent year on year. In the given period, the company’s operating income totaled NTD 918.24 million ($28.49 million), compared to a NTD 25.24 billion operating income recorded in the same period last year.

DamlaTükenmez
Damla Tükenmez
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I graduated from the Department of English Language and Literature at Kocaeli University. Since 2020, I have been producing content focused on the steel industry. At SteelOrbis, I write industry news on a wide range of topics, including EU and UK trade measures, regulatory changes, quota utilization, and the statements and views of organizations representing the Turkish steel sector.

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