Taiwanese steelmaker Chung Hung Steel (CHS) has announced its domestic and export flats sales prices effective for March shipments. The new prices are at the following levels:
Product |
Domestic Price |
Export Price |
HRC 2.0 mm |
NTD 17,150-17,450/mt ($492-501/mt) |
$515-525/mt FOB Taiwan |
CRC 1.0 mm |
NTD 19,950-20,650/mt ($573-593/mt) |
$595-605/mt FOB Taiwan |
HGI 2.0 mm |
NTD 20,500-21,000/mt ($588-603/mt) |
$655-665/mt FOB Taiwan |
CGI 1.0 mm |
NTD 21,000-21,500/mt ($603-617/mt) |
- |
As for the domestic market, HRC prices have decreased by NTD 1,050/mt ($30/mt), CRC prices have declined by NTD 850-1,050/mt ($24-30/mt), while HGI and CGI prices have dropped by NTD 2,500 ($72/mt) as compared to the prices published last month. On the other hand, all export prices have decreased by $35/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 payments via standby letter of credit, while export prices are for payments via at sight letter of credit.
$1 = NTD 34.8443