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18 Nov
11:20

Taiwan's China Steel lowers domestic prices, performs well

Taiwan’s China Steel Corp (CSC) has lowered its domestic prices for December deliveries, Kallanish notes. Local traders expect the company will next lower its export prices in line with weaker Chinese and regional steel markets. The leading domestic steel producer’s export price for 2mm thickness SAE 1006 hot rolled coil for December shipments was $930/tonne fob. The mill is expected to reduce prices for January …
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