Taiwan CSC's carbon steel sales edge down in Oct

China Steel Corp (CSC), Taiwan's top integrated steel producer headquartered in South Taiwan's Kaohsiung, says that its carbon steel sales in October decreased by a small 2,011 tonnes or 0.3% on month to reach 611,915 tonnes, according to the company's latest release on its website.

The results pointed to the weakness of steel demand from local and overseas buyers overall in October, although the month traditionally marks the start of the peak consumption season in Taiwan's fourth quarter, Mysteel Global noted. Financially, the company's pre-tax losses eased to some extent in October, mainly thanks to