China Steel Corporation raises prices for 2nd quarter 2011

CSC hikes steel prices by 12.1% on average for April and May

China Steel Corp. (CSC) announced the latest prices for April and May delivery. The company has decided to raise its all product prices by 12.1% on average as same as the market’s forecast.
After adjustment, the latest prices of steel plate, wire & bar, HRC and CRC have increased by NT$2,949/ton, NT$2,500/ton, NT$2,945/ton and NT$2,747/ton respectively.
Also, the prices of electronic galvanized steel, electrical steel coil and hot dipped galvanized steel have surged by NT$3,500/ton, NT$2,000/ton and NT$3,167/ton.

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