Taiwan's CSC cuts HRC & CRC list prices for July sales

China Steel Corp (CSC), Taiwan's largest steel mill and headquartered in South Taiwan's Kaohsiung, has decided to trim its list prices of hot-rolled coil (HRC) and cold-rolled coil (CRC) by TWD 300/tonne ($9.5/t) each for local sales in July to partly reflect changes in global steel prices, according to the company's latest release published on its website.

Steel prices in Asian markets have diverged recently, with major steel mills in Japan lifting their HRC list prices by $31/t for July sales, while those in Vietnam cut their latest offers by $14–23/t, according to the release. In the Chinese mainland, Baoshan Iron & Steel Co., the listed arm