Taiwan's CSC holds most steel prices for Q4 sales
Aug 23, 2019 18:30
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Taiwan’s top steel producer, China Steel Corp (CSC), will keep its list prices of most steel products stable for local sales over October-December, a company official confirmed Friday. Though the Kaohsiung-based mill had clipped prices for Q3 sales, CSC remains very cautious about local steel market trends for the last quarter of this year, Mysteel Global notes.
For sales in
Q4, CSC will raise prices on its hot-dipped galvanized coil and electrical
steel coil by TWD 173/tonne ($5.5/t) and TWD 255/t respectively, while keeping
those of other major steel products stable compared from Q3, according to its
quarterly pricing policy released late on August 23.
economy and steel industry are expected to