Taiwanese China Steel Corporation (CSC) will release its latest prices for next January and February on November 18. Market insiders believe the prices would go down slightly due to stagnant market demand and low iron ore price.

CSC indicates its shipping quantity in October has reached the highest in 2014 to around 853,000 tons. The company also announces its order amount is expected to be around 3.15 million tons in Q4. However, CSC still considers reducing its latest prices for next Q1 to meet the global steel market prices.

Therefore, the prices are expected to be cut down by around US$10/ton to US$15/ton to enhance its market competition.