Taiwan CSC Expects More Price Reduction While Baosteel Keeps Flat / Price in the Next Year Expected to Drop by Only US$30

Taiwan CSC is expected to announce the January /February Price on November 25. The original expectation was US$50 reduction per ton (about NT$1,540). However, Wisco and Ansteel, and Baosteels’ prices remain flat, the price reduction is then expected to be US$30 (about NT$924) per ton.