CSC hikes domestic sales prices for Q4 2006

Taiwanese steelmaker China Steel Corporation (CSC) increased its local prices for the fourth quarter of 2006. The price increases are at the following levels:

 

Prices are per metric ton

Product                Price change
                           NT$ 
Plate                      210 (approx.$6)        
Wire rod                   910 (approx.$27)     
Hot rolled coil            780 (approx.$24)      
Cold rolled coil           590 (approx.$18)     
Electro-galvanized         500 (approx.$15)       
Electrical sheet         1,000 (approx.$30)      
Galvanized iron            520 (approx.$16)

1 USD = 32.9145 NT$