On November 26, Taiwanese integrated steel mill China Steel Corporation (CSC) announced that it has mostly decreased its average flat steel prices for shipments in the first quarter of 2019 as compared to its previous price levels for the fourth quarter of 2018, though it has kept its hot rolled plate (HRP) and electro-galvanized coil (EGC) prices stable.
The mill's new prices are at the following levels:
Product |
Price (NTD/mt) |
Price ($/mt) |
Change (NTD/mt) |
HRC 2.00-4.50 mm |
21,965-24,575 |
710-795 |
↓300 |
CRC 0.30-1.50 mm |
25,130-27,410 |
812-886 |
↓400 |
ESC 0.35-0.50 mm |
28,610-29,140 |
925-942 |
↓900 |
EGC 0.60-1.20 mm |
25,420-27,020 |
822-874 |
0 |
HRP 6.00-16.00 mm |
25,950-26,450 |
839-855 |
0 |
CGI 0.50-1.20 mm |
30,860-32,360 |
998-1.046 |
↓300 |
All the above prices exclude VAT and are on actual weight and ex-works basis.
$1 = NTD 30.93