Taiwanese steelmaker China Steel Corporation (CSC) has announced its local flats prices for the second quarter of 2008. The prices are at the following levels:
Product |
Prices |
Hot rolled plate |
NTD 27,960-28,110/mt ($906-909/mt) |
Hot rolled coil |
NTD 22,490-22,900/mt ($728-741/mt) |
Cold rolled coil |
NTD 25,060-25,230/mt ($811-816/mt) |
Electrical steel |
NTD 27,710-27,900/mt ($897-903/mt) |
Cold rolled base galvanized iron |
NTD 31,160-31,330/mt ($1,008-1,014/mt) |
Electro-galvanized coil |
NTD 30,350-30,500/mt ($982-987/mt) |
1 USD = 30.91 NTD
The second quarter prices are on average 19 percent higher than the first quarter prices. The prices of all products have increased.