Taiwan’s Dragon Steel announced that its blast furnace will be started official operation on February 26th.

The No. 5th blast furnace has already sent its first shipment of steel slabs to China Steel Corp. (CSC) and Chung Hung Steel (CHS) in last week.

The first shipment of slabs is about 4,000 tons and it helps CSC Group to release their pressure in raw material supply.

Currently, the slab price in the global steel market is prevailing about US$620 to 630/ton.