China Steel Corporation (CSC), the largest carbon steel manufacturer in Taiwan, early announced its new price of domestic sales for February today (January 9) due to the upcoming Lunar New Year holiday. The price of hot-rolled coil and plate, cold-rolled coil, electro-galvanized (EG) steel coil, hot-dip galvanized steel coil, and electrical steel (ES) coil were all kept unchanged.

Meanwhile, CSC concluded some points in a meeting held today. The global economy runs stably, with the OECD predicting global GDP growth of 3.3% in 2025 and the central bank’s forecast of a 3.25% growth for Taiwan. The domestic demand holds steady, the technology industry drives exports, and traditional in-dustries are gradually recovering.

Taiwan's industrial production index has grown for nine consecutive months in November last year, of which the base metals index turned positive. Exports were sluggish due to low price competition. China pushed stimulus policies, steel inventories hit a five-year low, and the steel market outlook is stable.

CSC said that the depreciation of the New Taiwan dollar will help exports, de-mand was expected to pick up after the long holiday, and it would introduce mul-tiple supporting solutions to help its customers win orders.