Taiwanese steelmaker Chung Hung Steel (CHS) has announced its domestic flats sales prices for June shipments and export flats prices effective for June/July shipments. The new prices are at the following levels:
Product |
Domestic Price |
Export Price |
HRC 2.0 mm |
NTD 15,300-16,000/mt ($470-491/mt) |
$475-480/mt FOB Taiwan |
CRC 1.0 mm |
NTD 18,550-19,250/mt ($570-591/mt) |
$555-565/mt FOB Taiwan |
HGI 2.0 mm |
NTD 17,850-18,000/mt ($548-552/mt) |
$560-570/mt FOB Taiwan |
CGI 1.0 mm |
NTD 18,850-19,000/mt ($579-583/mt) |
- |
As for the domestic market, HRC prices have increased by NTD 800-850/mt ($25-26/mt), CRC prices have risen by NTD 800/mt ($25/mt), while HGI and CGI prices have climbed by NTD 850/mt ($26/mt) as compared to last month. On the other hand, with regard to the export market, all prices have increased by $35-55/mt as compared to last month.
All the above prices include five percent VAT and are on actual weight basis. Ex-works domestic prices are for payment via standby letter of credit, while export prices are for payment via at sight letter of credit.
$1 = NTD 32,6162