14
Jul
20:08
China Steel Corp drops prices for September shipments
Taiwan’s China Steel Corporation is going to lower steel prices for September shipments, the company says in a statement monitored by Kallanish. This is in response to projected lower economic global growth in the third quarter it says.
The steelmaker says that it would lower its steel prices by an average of -4% for September shipments. This excludes steel plate for which the current price will be held. The average reduction is TWD 688/tonne ($21.5/t). Th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous