Taiwan’s CSC eyes monthly, not quarterly, pricing

China Steel Corporation (CSC), Taiwan’s top steel producer headquartered in Kaohsiung, South Taiwan, is proposing to release its steel list prices on a monthly basis from 2020 rather than quarterly as now, to assist in enhancing the competitiveness of its downstream customers, it says.

The quarterly price release strategy does not adequately reflect market changes over time, including the changes in major steelmaking raw material prices and the impact of international macroeconomic developments, a CSC company official acknowledged. This may bring some difficulties to downstream customers in assessing their costs so that they can't get orders smoothly, he