25
Oct
10:21
CSC suffers first net loss since July 2020
Taiwan's China Steel Corporation (CSC) has reported a net loss for September this year. This is the first net loss since July 2020, according to the company’s official release of September operations.
In the reporting month, CSC sold 570,219 tonnes of carbon steel, 19.4% lower month-on-month and 23.8% lower year-on-year. Nine-month sales thus came to 6.64 million t, falling 8.4% from a year earlier, Kallanish notes.
Despite lower sales, CSC has ach…
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Anonymous
Very good overview of the weekly steel market.
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