UP AND DOWN:
While prices for many steel products went down, other prices remained the same or are slated to increase due to rising costs
By Lisa Wang / Staff Reporter
China Steel Corp (CSC, 中鋼), Taiwan’s largest integrated steelmaker, yesterday cut its price quotes by NT$300 per tonne for domestic delivery next month for certain items, ending six straight months of price hikes on lower supply.The prices of hot-rolled coils, hot-rolled plates and regular cold-rolled plates would drop by NT$300 per tonne, CSC said in a statement. However, the company kept the prices unchanged for electrical steel coils, electro-galvanized steel coils, and galvanized steel coils used to make home appliances, computers and construction, it said.
The logo of China Steel Corp is pictured outside the company’s headquarters in Kaohsiung on June 19 last year.
