Taiwan CSC's carbon steel sales rise 5% on month in Sept

China Steel Corp (CSC), Taiwan's top integrated steel producer headquartered in South Taiwan's Kaohsiung, sold 613,926 tonnes of carbon steel during September, higher by 28,904 tonnes or 5% from the previous month and marking the second consecutive monthly increase, according to the company's latest release on its website on October 30.

The results suggested a gradual recovery in steel demand from end-users last month even though CSC continued to lose money, with its pre-tax loss reaching TWD 980.6 million ($32 million), the release showed. This was painful but less painful than its loss of TWD 1.29 billion for August, Mysteel