On October 19, Taiwanese integrated steel mill China Steel Corporation (CSC) announced a reduction for some of its flat steel prices for December shipments. The new prices are at the following levels:
Product | Price | Change |
HRC 2.00-4.50 mm | NTD 18,130-20,630/mt ($619-705/mt) | -NTD 800/mt ($27/mt) |
CRC 0.30-1.50 mm | NTD 21,260-22,760/mt ($726-777/mt) | - |
ESC 0.35-0.50 mm | NTD 25,125-25,655/mt ($858-876/mt) | - |
EGC 0.60-1.20 mm | NTD 24,620-25,120/mt ($841-858/mt) | - |
HRP 6.00-16.00 mm | NTD 23,875-24,375/mt ($815-833/mt) | -NTD 100/mt ($4/mt) |
CGI 0.50-1.20 mm | NTD 28,880-29,380/mt ($986-1,003/mt) | - NTD 200/mt ($7/mt) |
All the above prices exclude VAT and are on actual weight and ex-works basis.
$1 = NTD 29.28