On October 12, Taiwanese integrated steel mill China Steel Corporation (CSC) announced its domestic flat steel prices for December shipments. The new prices are at the following levels:
Product |
Price |
HRC 2.00-4.50 mm |
NTD 20,545-21,045/mt ($662-678/mt) |
CRC 0.30-1.50 mm |
NTD 24,795-26,295/mt ($799-847/mt) |
ES 0.35-0.50 mm |
NTD 32,700-33,230/mt ($1,053-1,071/mt) |
EGC 0.60-1.20 mm |
NTD 28,120-28,620/mt ($906-922/mt) |
HRP 6.00-16.00 mm |
NTD 26,205-26,705/mt ($844-860/mt) |
CGI 0.50-1.20 mm |
NTD 31,235-31,735/mt ($1,006-1,022/mt) |
All the above prices exclude VAT and are on actual weight and ex-works basis.
In the new prices, the price of electrical steel (ES) has increased by NTD 1,000/mt ($32/mt), while other flat steel prices have remained unchanged - all compared to prices for October/November shipment.
$1 = NTD 31.04