On August 23, Taiwanese integrated steel mill China Steel Corporation (CSC) announced a reduction for its flat steel prices for October and November shipments. The new prices are at the following levels:
Product | Price | Change |
HRC 2.00-4.50 mm | NTD 18,930-21,430/mt ($631-715/mt) | -NTD 810/mt ($27/mt) |
CRC 0.30-1.50 mm | NTD 21,260-22,760/mt ($709-759/mt) | -NTD 960/mt ($32/mt) |
ESC 0.35-0.50 mm | NTD 25,125-25,655/mt ($838-856/mt) | -NTD 1,050/mt ($35/mt) |
EGC 0.60-1.20 mm | NTD 24,620-25,120/mt ($821-838/mt) | -NTD 800/mt ($27/mt) |
HRP 6.00-16.00 mm | NTD 23,975-24,475/mt ($800-816/mt) | -NTD 1,160/mt ($39/mt) |
CGI 0.50-1.20 mm | NTD 29,080-29,580/mt ($970-987/mt) | - NTD 1,220/mt ($41/mt) |
All the above prices exclude VAT and are on actual weight and ex-works basis.
$1 = NTD 29.98