25
Aug
09:24
Taiwan CSC’s operations take a hit in July
Because of lower sales and gross margins, Taiwan’s China Steel Corporation (CSC) saw quick decrease in its revenue and profit before tax in July, according to the firm’s official announcement.
In the reporting month, CSC sold 683,834 tonnes of carbon steel, down 15.3% month-on-month and 14.5% year-on-year. This took year-to-date sales to 5.36 million t, a y-o-y decrease of 6.3%, Kallanish notes.
Lower sales dragged monthly operating revenue to TW…
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Anonymous
Very good overview of the weekly steel market.
Anonymous