Taiwanese steelmaker
China Steel Corporation (
CSC) has announced its local prices for the first quarter of 2007. The new prices are at the following levels:
Product Q1 Price on NT$ basis Price change
Hot rolled plate 19,500/mt (approx.$595) -
Hot rolled coil 16,500/mt (approx.$503) -
Cold rolled coil 20,300/mt (approx.$619) -
Galvanized iron 26,800/mt (approx.$818) +500/mt (approx.$15)
Electrical steel 20,300/mt (approx.$619) +1,000/mt (approx.$30)
Wire rod and bar 18,300/mt (approx.$558) +300/mt (approx.$9)
1 USD = 32.7650 NT$ All prices are on ex-works basis and include five percent VAT.