On August 25, Taiwanese integrated steel mill China Steel Corporation (CSC) announced that it has decreased its average flat steel prices by NTD 235/mt ($7/mt) for October and November shipments as compared to its previous price levels.
The mill's new prices are at the following levels:
Product | Price | Change |
HRC 2.00-4.50 mm | NTD 16,170-18,770/mt ($510-592/mt) | - NTD 590/mt ($19/mt) |
CRC 0.30-1.50 mm | NTD 20,940-22,170/mt ($661-700/mt) | - NTD 170/mt ($5/mt) |
ESC 0.35-0.50 mm | NTD 23,205-23,735/mt ($732-749/mt) | - |
EGC 0.60-1.20 mm | NTD 21,720-22,320/mt ($686-705/mt) | - |
HRP 6.00-16.00 mm | NTD 20,900-21,400/mt ($659-676/mt) | - NTD 90/mt ($3/mt) |
CGI 0.50-1.20 mm | NTD 26,825-28,325/mt ($846-894/mt) | - NTD 70/mt ($2/mt) |
All the above prices exclude VAT and are on actual weight and ex-works basis.
$1 = NTD 31.68