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Wtools news release

Prices Increase for Domestic Sales in the September Shipments of 2009

On July 28th, 2009, China Steel Corporation (CSC) held the domestic pricing meeting for coming September of the third quarter of 2009 and announced the across-the-board price increase as shown in the following table. The average adjustment of CSC's domestic steel price per metric ton is about NT$1,710. The price markup is to follow the recent steel price rally worldwide and narrow the price gap between the domestic and global steel markets to a reasonable range.

In view of the presently bottom out local economy, CSC only moderately lifts the steel prices to strengthen customers' global competitiveness and help boost the current economic recovery.

Prices Increase for Domestic Sales in the September Shipments of 2009
Prices Increase for Domestic Sales in the September Shipments of 2009
Products Adjusting Amounts (NT$/MT)
Plates +1517
Bars and Rods +1200
Hot-Rolled Sheet/Coils +1800
Cold-Rolled Sheet/Coils +1588
Electro Galvanized Sheets +2500
Electrical Sheets +2870
HDG Sheets +3167
Average +1710(+9.4%)

source: http://www.csc.com.tw/csc_e/nc/newsMain.asp?newsid=544 

 

 

 

 

 


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