It's reported that China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan announced to remain its list prices for all its steel products unchanged for December, considering stable economy globally.
CSC stated that the global economy is recovering after the US QE delays tapering. Also, China's manufacturing and service industry has been expanded steadily boosted by the country's infrastructure.
However, Taiwan's steel exports drop and the domestic demand remains weak.
Accordingly, the company decided to leave its price flat for December.