China Steel Corporation (CSC), Taiwan’s leading carbon steel producer, reported the group’s total shipments of 845,000 tons in January, exceeding its target by 43,000 tons. This performance represented an eight-month peak, driven by domestic customers replenishing low inventories and international clients returning from holidays.

In January, CSC’s domestic sales reached 498,000 tons, while exports totaled 347,000 tons.

On February 2, CSC announced price increases of NT$500 per ton for all products for March, saying this decision was due to rising production costs, with iron ore at US$100-105 per ton and metallurgical coal exceeding US$250 per ton.

As global steel markets recover from their bottom, CSC meets its pricing with upward trends in the US, the EU, and China to reflect raw material expenses.