Taiwan's China Steel Corporation (CSC) has increased its offers for the third quarter of this year due to a bullish outlook for the period.
"Taiwan has benefited from favorable domestic industrial production as well as overseas export markets. The economy is also expected to continue doing well in the second-half of the year," CSC said.This has been supported by market fundamentals in northeast Asia, where downstream industries have been recovering."Downstream segments in countries such as China have been increasing their demand and consuming steel inventories steadily. Major producers such as...