On April 21,
China Steel Corporation (
CSC), the largest integrated steelmaker in
Taiwan, announced that it has signed a contract to supply 20,000 mt of cold rolled coil (
CRC) to Anhui Province-based Chinese auto manufacturer Jianghuai Automobile Co., Ltd.
Under the contract, deliveries of the product will commence as of July this year, with monthly shipments of 2,000 mt, continuing up to June 2012. The total value of the contract is NTD 500 million ($17 million).