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Jan 25, 2022 - BY Admin

Taiwan: CSCs steel sales down 6%, y-o-y, in CY21.

Taiwan's leading steelmaker China Steel Corporation (CSC) posted a 5.8% y-o-y decline in carbon steel sales to 9.55 mnt in CY'21. As per reports, the company's sales volumes in CY'21 were the lowest since 2016 mainly due to the relatively weak performance in H2CY'21 amidst logistics challenges, resulting in accumulation of the stocks of downstream customers.

- SteelMint