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Taiwan CSC’s May carbon steel sales up 2.4% on month

ABSTRACT

China Steel Corp (CSC), Taiwan’s top integrated steel producer, posted a recovery in its carbon steel sales in May from a short-lived decrease in April, with the tonnage up 2.4% on month and 12.6% higher on year to 822,458 tonnes, mainly due to the robust demand in and out of Taiwan, a company official confirmed on Friday.
Last month, steel demand in Taiwan remained solid as the continuing recovery in local economy boosted many downstream steel-consuming industries including construction, automobile and machinery manufacturing, Mysteel Global noted. Over January-May, CSC’s carbon steel sales totalled 4.12 million tonnes, down 4.6% on year, according to the company release on June 18, without disclosing the proportion of local

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