Taiwan's CSC holds steel list prices for Dec sales

China Steel Corp (CSC), Taiwan's largest steel mill headquartered in South Taiwan's Kaohsiung, has decided to roll over its list prices of major steel products for local sales in December to reflect the global market trends and to help its end-user customers improve their competitiveness, according to the company's latest release published on its website on November 14.

The steel giant in Taiwan noted that the United States has initiated interest rate cuts, which may boost economic growth. Meanwhile, Europe's economic recovery remains slow but has outperformed expectations. The latest forecast issued by the International Monetary Fund in October showed that global economic growth may reach 3.2%