Taiwanese steelmaker Chung Hung Steel (CHS) has increased its domestic flats sales prices and export flats prices for July shipments. The new prices are at the following levels:
Product |
Domestic Price |
Export Price |
HRC 2.0 mm |
NTD 17,300-18,000/mt ($527-548/mt) |
$505-520/mt FOB Taiwan |
CRC 1.0 mm |
NTD 20,650-21,350/mt ($629-650/mt) |
$595-610/mt FOB Taiwan |
HGI 2.0 mm |
NTD 20,350-20,500/mt ($620-625/mt) |
$610-620/mt FOB Taiwan |
CGI 1.0 mm |
NTD 21,350-21,500/mt ($651-655/mt) |
- |
As for the domestic market, HRC prices have increased by NTD 2,000/mt ($61/mt), CRC prices have risen by NTD 2,100/mt ($64/mt), while HGI and CGI prices have climbed by NTD 2,500/mt ($76/mt) as compared to last month. On the other hand, with regard to the export market, all prices have increased by $30-50/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 32,8244