On May 25, Taiwanese integrated steel mill China Steel Corporation (CSC) announced that it has increased its hot rolled coil (HRC), hot rolled plate (HRP) and cold-rolled galvanized steel (CGI) prices for shipments in the third quarter of 2018 as compared to its previous price levels for the second quarter of 2018 while it has kept its prices for other products 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 |
733-821 |
↑500 |
CRC 0.30-1.50 mm |
25,530-27,810 |
853-929 |
0 |
ESC 0.35-0.50 mm |
30,155-30,685 |
1,008-1,025 |
0 |
EGC 0.60-1.20 mm |
25,420-27,020 |
849-903 |
0 |
HRP 6.00-16.00 mm |
25,375-25,875 |
848-865 |
↑500 |
CGI 0.50-1.20 mm |
31,060-32,560 |
1,038-1,088 |
↑165 |
All the above prices exclude VAT and are on actual weight and ex-works basis.
$1 = NTD 29.93