China Steel Corporation (CSC), the largest carbon steel manufacturer in Taiwan, reported that its consolidated operating income was NT$43.10994 billion in October this year, growing by 59.47% compared to the same month a year ago.

The cumulative consolidated income was NT$382,473 billion in the first ten months of this year, up by 50.25% year on year.

According to CSC, the growth in its operating performance was due to higher sales prices from the same period last year, which benefited from the recovery of the steel market.