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29 May
03:39

CSC's April sales increase for second consecutive month

The carbon steel sales of China Steel Corporation (CSC) in April rose on-month for the second consecutive month but consolidated operating profit fell. CSC produced 680,086 tonnes of carbon steel this April, up 2.79% on-month despite falling 0.8% on-year. Meanwhile, its consolidated operating profit reached TWD 248.3 million ($7.7m), down 42.73% on-month and 68.5% on-year. The steelmaker chose to sustain offers for most products in the reporting month even though …
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