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Taiwan’s CSC reports NT$3.7 billion loss for Jan-Aug period

30 Sep 2025 15:48 reported by Joy Liu

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China Steel Corporation (CSC), Taiwan’s leading carbon steel producer, announced a loss of NT$1.29 billion for August, contributing to a cumulative pre-tax loss of nearly NT$3.7 billion for the first eight months of 2025. This figure represented a 186% reduction compared to the same period last year.

CSC said the monthly loss was due to lower dividend income and a slight drop in wind power generation, despite increased steel sales volume. The loss in the first eight months was driven by reduced steel sales volume and prices, coupled with higher financing costs.

For the future, the company said that with easing US tariff uncertainty, expected Fed interest rate cuts, and China's new plan to control steel output, the overall steel market is likely to have a gradual improvement as it enters the traditional fourth-quarter peak season.

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