Tel :
The latest data released by Taiwan's China Steel Corporation (CSC) shows that, due to the regional rainy season and a slowdown in downstream demand, the company's sales volume of carbon steel products in May declined month-on-month, halting a trend of recovery seen over the previous two months; JAC340H Hot dip galvanized steel strip,however, pre-tax profits improved significantly, driven by rising steel prices.
The data indicates that CSC's carbon steel sales volume in May stood at 673,600 tonnes, a decrease of 22,100 tonnes—or 3.2%—from April.
Market observers note that the onset of the rainy season, with frequent rainfall disrupting outdoor construction schedules and weakening end-user demand, was the primary reason for the drop in sales volume.
Despite a decline in sales volume, China Steel Corporation (CSC) saw a marked improvement in profitability for the month. JAC340H Hot dip galvanized steel strip,Pre-tax profit for May reached NT$1.35 billion (approximately US$42.5 million)—more than double the NT$485 million recorded in April—driven primarily by higher steel selling prices that boosted unit gross margins.
From January to May, the company’s cumulative sales of carbon steel totaled 3.21 million tonnes, an increase of 30,700 tonnes (or 1%) year-on-year. Cumulative pre-tax profit stood at NT$873 million, a significant improvement compared to the NT$10.46 million recorded during the same period last year.
On the macroeconomic front, China Steel Corporation (CSC) noted that ongoing geopolitical conflicts in the Middle East could continue to weigh on global economic growth. JAC340H Hot dip galvanized steel strip,According to the latest report from the Organisation for Economic Co-operation and Development (OECD), global economic growth is projected to slow from 3.4% in 2025 to 2.8% in 2026.
The company believes that, following earlier gains, global steel prices have entered a consolidation phase at high levels, with market trends beginning to diverge across different regions.
Regarding domestic sales prices for July, CSC has decided to lower the list prices for hot-rolled coils (HRC) and cold-rolled coils (CRC) by NT$300 per tonne each; this move aims to partially reflect market shifts and help downstream customers maintain their competitiveness.