CSC reduces most domestic flat steel prices

Thursday, 26 May 2011 16:52:37 (GMT+3)   |  

On May 26, Taiwanese integrated steel mill China Steel Corporation (CSC) announced its domestic flat steel prices for July and August shipments. The new prices are at the following levels:

Product

Price

Change

HRC 2.00-4.50 mm

NTD 21,740-22,240/mt ($750-768/mt)

 -NTD 1,750/mt ($60/mt)

CRC 0.30-1.50 mm

NTD 25,725-27,225/mt ($888-940/mt)

 -NTD 1,420/mt ($49/mt)

ESC 0.35-0.50 mm

NTD 31,500-32,030/mt ($1,087-1,106/mt)

 -NTD 2,600/mt ($90/mt)

EGC 0.60-1.20 mm

NTD 28,920-29,420/mt ($998-1,016/mt)

 -NTD 1,500/mt ($52/mt)

HRP 6.00-16.00 mm

NTD 29,175-29,675/mt ($1,007-1,024/mt) 

 -

CGI 0.50-1.20 mm

NTD 32,970-33,470/mt ($1,138-1,155/mt)

 -NTD 1,615/mt ($56/mt)

All the above prices exclude VAT and are on actual weight and ex-works basis.

$1 = NTD 28.97

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