22
Apr
10:47
China Steel returns to profit, hikes prices
Taiwan’s China Steel Corporation (CSC) saw profits spike in March, wiping out losses booked in January and February. The firm has also increased its offer prices for June shipments as international prices have improved, Kallanish notes.
CSC does not publish its list prices but says they are up TWD 1,000/tonne ($31/t) for plate, and TWD 1,600/t for hot rolled coil, cold rolled coil and hot dip galvanized coil. On average, the company’s list …
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Anonymous
Very good overview of the weekly steel market.
Anonymous