Taiwan’s largest steelmaker China Steel Corporation (CSC) has announced that in August this year its carbon steel sales volume totaled 705,951 metric tons, while in the January-August period its carbon steel sales volume amounted to 5.17 million mt.
In August, CSC’s operating revenues amounted to NTD 30.55 billion ($950.56 million), up by 8.2 percent month on month. In the given month, the company’s operating income totaled NTD 285.21 million ($8.87 million), compared to a NTD 1.14 billion loss recorded in the previous month.
In the January-August period this year, CSC’s operating revenues amounted to NTD 245.47 billion ($7.63 billion), decreasing by 24.3 percent year on year. In the given period, the company’s operating income totaled NTD 552.01 million ($17.18 million), compared to a NTD 28.91 billion operating income recorded in the same period last year.