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14 Jan
08:25

CSC raises domestic steel prices

Taiwan’s China Steel Corp (CSC) recently announced a 9.5% increase in domestic steel sales for February delivery, Kallanish notes. The company says it was forced to hike prices because of soaring raw material costs amid strong global steel demand. The Kaohsiung-based steel producer will implement a TWD 2,200/tonne ($79/t) hike for re-rolling and other application hot rolled coil, plate and hot-dipped galvanized sheet. It will also implement a TWD 2,500/…
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