On August 25, Taiwanese integrated steel mill China Steel Corporation (CSC) has announced its domestic flat steel prices for October/November shipments. The new prices are at the following levels:
Product |
Price |
HRC 2.00-4.50 mm |
NTD 20,545-21,045/mt ($642-658/mt) |
CRC 0.30-1.50 mm |
NTD 24,795-26,295/mt ($775-822/mt) |
ES 0.35-0.50 mm |
NTD 31,700-32,230/mt ($991-1,008/mt) |
EGC 0.60-1.20 mm |
NTD 28,120-28,620/mt ($879-895/mt) |
HRP 6.00-16.00 mm |
NTD 26,205-26,705/mt ($819-835/mt) |
CGI 0.50-1.20 mm |
NTD 31,235-31,735/mt ($977-992/mt) |
All the above prices exclude VAT and are on actual weight and ex-works basis.
In the new prices, the HRC domestic price has been decreased by NTD 1,130/mt ($35/mt), the CRC price has declined by NTD 2,650/mt ($83/mt), HRP is down by NTD 1,815/mt ($57/mt), the price of electrical steel (ES) has decreased by NTD 2,500/mt ($78/mt), EGC prices are down by NTD 2,500/mt ($78/mt) and the price of CGI has decreased by NTD 1,985/mt ($62/mt) - all compared to prices for September shipment.
$1 = NTD 31.98