Taiwanese integrated steel mill China Steel Corporation (CSC) has announced its domestic flats prices for January/February shipments. The new prices are at the following levels:
Product | Price |
HRC 2.00-4.50 mm | NTD 18,320-18,820/mt ($568-583/mt) |
CRC 0.30-1.50 mm | NTD 21,420-22,920/mt ($664-710/mt) |
HRP 6.00-16.00 mm | NTD 22,595-23,095/mt ($700-716/mt) |
ES 0.35-0.50 mm | NTD 26,100-26,630/mt ($809-825/mt) |
CGI 0.50-1.20 mm | NTD 28,440-28,940/mt ($882-897/mt) |
EGC 0.60-1.20 mm | NTD 25,120-25,620/mt ($779-794/mt) |
All the above prices exclude VAT and are on actual weight and ex-works basis.
CSC has decided to decrease its some prices by about 1.33 percent on average for January/February shipment. Thus, compared to the ex-works prices for December shipments, the HRC and EGC domestic prices has remained unchanged, the CRC price has decreased by NTD 130/mt ($48/mt), HRP is down by NTD 1,385/mt ($46/mt), electrical steel (ES) have declined by NTD 800/mt ($87/mt), while the price of CGI has decreased by NTD 1,160/mt ($97/mt).
$1 = NTD 32.26