Taiwan CSC Increases Domestic Quote for Steel Products in Q4 2017

On August 25th 2017, Taiwan CSC held the domestic quote meeting for steel products in Q4 this year. Considering the possible fast growth of the future global economy, the price increase announcements of many major steel plants in Europe/USA/Asia, Q4 being the high season for the industry and the continuous increase in the downstream’s demand for inventory replenishment, Taiwan CSC made the following price adjustments.

Product category              Avg. price adjustment (NTD/Ton)
Steel plates                                       +807
Wire rods                                        +1200
Hot rolled                                        +1195
Cold rolled                                      +1054
Galvanized steel rolls                       +700
Electromagnetic steel rolls               +1452
Hot-dip galvanized steel rolls           +962