Taiwan’s CHS announces domestic and export flat steel prices

Wednesday, 30 August 2017 12:58:06 (GMT+3)   |   Taichung
       

SteelOrbis has learned that, as of August 29, Chung Hung Steel Co. Ltd (CHS), a major Taiwan-based HRC/CRC re-roller and subsidiary of Taiwanese integrated steelmaker China Steel Corp. (CSC), has increased its domestic flat steel prices stable on ex-works basis for September shipments as compared to its prices for August deliveries.

Accordingly, the producer's ex-works prices are at the following levels:

Product

Domestic price

 Export price

HRC 2.0 mm

NTD 24,450-26,600/mt ($811-883/mt)

$675-685/mt FOB Taiwan

CRC 1.0 mm

NTD 30,200-30,950/mt ($1,002-1,027/mt)

$785-815/mt FOB Taiwan

HGI 2.0 mm

NTD 34,900-38,000/mt ($1,158-1,261/mt)

$895-955/mt FOB Taiwan

CGI 1.0 mm

NTD 37,600-39,050/mt ($1,248-1,296/mt)

 -

On the other hand, with regard to the export markets, CHS' prices for HRC, CRC and HDG products have also moved up over the same period. The offers are for September-October shipments.

All the above prices are on actual weight basis. The ex-works domestic prices include five percent VAT and are for payment via standby letter of credit, while the export prices are for payment via at sight letter of credit.
 
$1 = NTD 30.13


Similar articles

Taiwan’s import scrap prices continue to rise 

24 Nov | Scrap & Raw Materials

Wire rod prices in Taiwanese domestic market - week 40, 2023

06 Oct | Longs and Billet

Domestic rebar prices in Taiwan - week 40, 2023

06 Oct | Longs and Billet

Carbon and stainless scrap prices in Taiwanese domestic market - week 26, 2023

29 Jun | Scrap & Raw Materials

Flat steel prices in local Taiwanese market - week 26, 2023

29 Jun | Flats and Slab

Taiwan’s import scrap prices impacted by return of South Korea

12 May | Scrap & Raw Materials

Slower local scrap flow in Taiwan may support import scrap prices 

14 Apr | Scrap & Raw Materials

Taiwanese scrap market moves up, though a break is expected

10 Mar | Scrap & Raw Materials

Domestic rebar prices in Taiwan - week 34

26 Aug | Longs and Billet

Wire rod prices in Taiwanese domestic market - week 34

26 Aug | Longs and Billet