CSC to raise flat product prices

Posted on 08 October 2007
 

Source: YIEH, October 5, 2007

Taiwan's China Steel Corp (CSC) plans to raise all flat products export prices by more than US$10/ton for November-January deliveries.

This is mainly because of rising raw material costs and strong demand. Hereinto, the heavy plate prices is likely to be increased by even US$20~30/ton due to strong demand and tight supply.

And the prices of hot rolled and cold rolled coils will be increased by US10~20/ton in view of iron ore and coal cost increase. CSC started price negotiation with customers this week and will be concluded by the end of this month



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