Parnter News

Taiwan’s China Steel Corp. announces pre-tax profit up for Mar2017-05-02

China Steel Corp. (CSC), one of the major carbon steel flat product manufacturers in Taiwan, announced March consolidated operating income was about NT$31.95 billion, increased by 24% compared with previous month; consolidated operating profit was about NT$2.17 billion, increased by 1% compared with previous month; those for pre-tax profit was about NT$2.05 billion, increased by 20% compared with previous month.
Due to increasing steel prices and demand growth, Taiwan’s CSC increased steel significantly in the 1th quarter of this year, as well as the company’s shipment remained steady and smoothly.