News: China Steel Corp (2002.TW)

2002.TW on Taiwan Stock Exchange

26.20TWD
19 Dec 2014
Price Change (% chg)

NT$0.35 (+1.35%)
Prev Close
NT$25.85
Open
NT$25.95
Day's High
NT$26.20
Day's Low
NT$25.85
Volume
31,877
Avg. Vol
15,425,972
52-wk High
NT$26.70
52-wk Low
NT$24.12

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Thu, Dec 18 2014

Moving target: How China steel data masks scale of glut

* Steel, iron ore markets have been hit by massive supply gluts

CORRECTED-UPDATE 2-China coal, iron ore imports slump on weak demand, could keep dropping

(Corrects 1st paragraph after final subheading to show oil imports of 5.93 mln bpd, not 6.13 mln; also corrects yr-on-yr percentage change)

European shares inch higher as euro falls further

* FTSEurofirst 300 up 0.3 pct, extends Wednesday's rebound

UPDATE 2-China coal, iron ore imports slump on weak demand, could keep dropping

* China steel mills have been slashing output (Adds comment, detail)

UPDATE 2-Australia cuts 2015 iron ore, met coal price forecasts

* Cites mounting competition to sell into China steel market

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