Taiwan: CSC Steel Sales Remain Stable in Oct'19

China Steel Corporation (CSC), the largest integrated steel making company in Taiwan has released its preliminary result of Oct'19. The company's sales volume of carbon steel (non-consolidated basis) in Oct'19 totaled 834,360 MT, with 72% of domestic sales.

Accumulated sales volume of carbon steel as of Oct'19 totaled 8,576,600 MT, with 68% of domestic sales. As per the release, the preliminary consolidated operating revenues of CSC in the Oct'19 totaled TWD 27,677,766 thousand which is noted 4% down M-o-M compared with Sep'19.

China Steel Corporation (CSC), located in Taiwan has annual production of crude steel around 10 MnT. CSC produces a range of products including plates, bars, wire rods, hot and cold rolled coils, electro-galvanized coils, electrical steel coils, hot-dip galvanized coils, and Ti/Ni-base alloy.

The domestic market takes roughly 70% of CSC's production and the exports take the remaining 30%. CSC is the largest steel company in Taiwan, enjoying more than 50% of the domestic market. Major export destinations are Mainland China (including HongKong), Japan and Southeast Asia.