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CSC Raises Q4 Steel Prices by Up to NT$600 Per Ton

Non-Energy Minerals · Steel · economic_daily · 2026-09-08

2002

China Steel Corporation has increased its Q4 prices for major steel products, signaling a potential market bottom despite lingering global demand concerns.

What Happened

Price Adjustment: China Steel Corporation (CSC) has announced its price list for October and the fourth quarter, with major steel products seeing an average increase of NT$500 to NT$600 per ton.

Market Outlook: Analysts at Capital Investment Management noted that while CSC's July profits declined as expected, steel prices appear to be bottoming out, with future performance dependent on production and export trends in China.

Raw Material Trends: International iron ore prices have been fluctuating between $90 and $100 per ton, showing signs of strengthening in the past week and providing modest upward momentum for the peak season.

Demand Constraints: Despite the arrival of the traditional peak season for the steel industry, global demand remains weak, suggesting that while prices are stabilizing, significant further gains are unlikely.

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