<div id="readability-page-1"><div>  <h2> <span>HUNGRY FOUNDRIES:</span>                         Rising energy prices and costs for the iron ore and coking coal to feed the forges have caused the company to raise prices                    </h2>  <p>China Steel Corp (CSC, 中鋼), Taiwan’s largest integrated steelmaker, yesterday announced it is raising domestic prices of all products next month, as the global steel market is recovering amid strong demand, higher raw material costs and tight supply.</p><p>The move came after the US-Israeli war on Iran drove up prices for crude oil, shipping, energy and alloys, leading to an increase in operating costs, CSC said in a statement.</p><p>Raw material costs remain elevated, with iron ore rising to about US$113 per tonne, close to a two-year high, while metallurgical coal holds at about US$240 per tonne, it said.</p><p>The Kaohsiung-based company is raising prices by NT$500 to NT$1,200 (US$15.88 to US$38.12) per tonne, its sixth consecutive monthly increase.</p><p>The adjustments would see the prices of benchmark hot-rolled steel plates and coils and cold-rolled steel coils increase by NT$1,200 per tonne, CSC said.</p>   <p>The company is increasing the price of anti-fingerprint electro-galvanized steel coils by NT$1,000 per tonne and raising the price of hot-dip galvanized coils for construction and coating by NT$1,200 per tonne, it said.</p><p>The price of hot-dipped galvanized steel coils, used for home appliances, computers and other products, is to rise by NT$1,000 per tonne, while the price of electrical steel coils would increase by NT$500 per tonne, it added.</p><p>In Asia, China’s Baoshan Iron &amp; Steel Co (寶鋼) on Monday increased its product prices for next month by 100 yuan to 200 yuan (US$14.71 to US$29.41) per tonne, while Vietnam’s Hoa Phat Group and Formosa Ha Tinh Steel Corp (台塑河靜鋼鐵興業) increased their prices by US$50 to US$58 per tonne, CSC said.</p><p>In the US, Nucor Corp this week increased prices for the 16th time, with hot-rolled steel prices surpassing US$1,170 per tonne, the highest in two years, while production cuts and the implementation of import quotas in Europe led steel prices there to continue climbing, it said.</p><p>CSC’s continued price hikes in the peak season this quarter could lift the company out of a trough last quarter, when it reported a net loss of NT$2.45 billion and revenue decreased 4.82 percent year-on-year to NT$79.16 billion. </p><p>The company on Monday reported revenue last month increased 2 percent year-on-year to NT$30.8 billion, the highest since June 2024, indicating the effect of price hikes and shipment growth.</p> </div></div>

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<p>中国钢铁公司（CSC）宣布，由于全球钢铁市场需求强劲、原材料成本上升及供应紧张，将于下月上调所有产品的国内价格。此次涨价是因为美以战争导致原油、运输、能源及合金价格上涨，进一步推高了运营成本。铁矿石价格接近两年高点，约为每吨 113 美元，而冶金煤则保持在约 240 美元。</p>

China Steel Corp raising prices amid demand, high costs