Taiwan’s China Steel Corporation (CSC) has decided to reduce steel prices for Jul’22 deliveries on the back of slowdown in demand coupled with the resurgence in COVID-19. The company has revised HRC, HR plates and CRC prices by TWD 1,500/t ($50/t), while hot-dipped galvanised steel coils and construction steel prices have been reduced by TWD 1,200/t ($40/t) and TWD 1,500/t ($50/t), respectively.
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