China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan announced that its sales revenues in December, 2012 amounted to NT$15.239 billion, falling by 16.8% year on year, affected by decreased steel prices.
In December, the company’s shipping volumes of steel products totaled 720,000 tons, down slightly from a month ago.
Meanwhile, CSC realized sales revenues of NT$207.193 billion in 2012, decreasing by 13.8% year on year, hitting the lowest level since the global economic crisis in 2008.
For the prospect, it’s predicted that CSC’s sales revenues and shipping volumes would rise in January due to higher steel prices and better market situation.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=62514&division=A6
