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China Steel Corp Announces Price Changes for July & Q3

China Steel Corp Announces Steel Price Changes for July & Q3

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On May 22nd, 2020, China Steel Corporation held a price meeting for domestic sales

in the third quarter and July of 2020 and announced price adjustments for July 2020

and july-Septemer quarter. CSC said “This quarter, CSC would keep prices adjusted on

monthly / quarterly bases to meet global practices. CSC also offers multi-measures

to satisfy diversified demands of downstream industries. CSC lifts listed prices

for July by 1.87% while reduced Q3 listed prices by -2.05% in accordance

with industry characteristics.”

Price Announcement for Domestic Sales in the Third Quarter/July of 2020

Type Products Average Adjusted Amounts (NTD/MT) In USD
Monthly HR 450 15.0
Monthly CR 450 15.0
Monthly ES 0
Monthly GI 450 15.0
Quarterly Plate -500 16.6
Quarterly Bars and Rods -500 16.6
Quarterly HR -500 16.6
Quarterly CR -500 16.6

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