Reported 8 months ago
CSC held a meeting to discuss steel pricing for July and the third quarter of 2024, noting that global inflation has been cooling down, leading to increased investment and consumer demand. The IMF raised its global GDP growth forecast to 3.2%, with Taiwan benefiting from advancements in AI technology. With the economy rebounding, steel demand is expected to increase, balancing out the tight supply situation. CSC implemented consistent pricing strategies to adapt to market conditions, keeping prices stable for domestic customers.
Source: YAHOO