Taiwanese steelmaker China Steel Corporation (CSC) has announced its domestic longs prices for the second quarter of 2008. The prices are at the following levels:
Product |
Prices |
Round bar 10-36 mm |
NTD 24,510-24,850/mt ($793-804mt) |
Low carbon WR 5.5-12 mm |
NTD 24,597-24,700/mt ($796-799/mt) |
Medium/high carbon WR 5.5-12 mm |
NTD 24,520-24,650/mt ($793-798/mt) |
Alloyed wire rod 5.5-12 mm |
NTD 25,197-25,300/mt ($815-819/mt) |
Wire rod 5.5-32 mm |
NTD 24,897-25,050/mt ($806-810/mt) |
1 USD = 30.91 NTD
The second quarter prices are 19 percent higher on average than the first quarter prices. The prices of all long products have increased.