<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>中國鋼鐵公司（CSC）宣佈，由於全球鋼鐵市場需求強勁、原材料成本上升及供應緊張，將於下月上調所有產品的國內價格。此次漲價是因為美以戰爭導致原油、運輸、能源及合金價格上漲，進一步推高了運營成本。鐵礦石價格接近兩年高點，約為每噸 113 美元，而冶金煤則保持在約 240 美元。</p>

China Steel Corp raising prices amid demand, high costs