Taiwan's CSC hikes major steel list prices by $9/t for Dec sales

China Steel Corp (CSC), Taiwan's largest steel mill headquartered in South Taiwan's Kaohsiung, has decided to raise the list prices of its major steel products including hot-rolled coil (HRC) and cold-rolled coil (CRC) by TWD 300/tonne ($9.1/t) each for local sales in December, according to the company's latest release published on its website.

This marks CSC's third consecutive monthly price hike, bringing the cumulative rise in HRC prices to TWD 1,800/t over the three-month period, Mysteel Global notes, that began with its TWD 600/t increase in last month's prices announced in September, as reported. The Taiwan mill noted that the global economy is