Current Rating
Rating FAQ
Long-term  :   twAA-
Short-term  :   twA-1+
Outlook  :  Negative
Issuer Rating History
Rating Date Long-term Rating outlook (credit watch) Short-term Rating
2025/04/24 twAA- Negative twA-1+
2023/04/28 twAA- Stable twA-1+
2022/04/28 twAA- Positive twA-1+
2021/04/23 twAA- Stable twA-1+
2020/04/16 twAA- Negative twA-1+
2017/04/25 twAA- Stable twA-1+
2016/02/02 twAA- Negative twA-1+
2013/04/29 twAA- Stable twA-1+
2012/06/18 twAA Negative twA-1+
2011/09/14 twAA+ Negative twA-1+
2009/09/14 twAA+ Stable twA-1+
2009/02/26 twAAA Negative twA-1+
2007/06/07 twAAA Stable twA-1+
2004/10/12 twAAA Stable twA-1
2003/06/30 twAA+ Stable twA-1
2001/09/11 twAA Stable twA-1
2001/06/07 twAA+ Watch Neg twA-1
1999/07/22 twAA+ Stable twA-1
Research Analysis
Publish Date Subject
2025/04/24 Media Release: Outlook On China Steel Corp. Revised To Negative On Prolonged Weak Demand; 'twAA-/twA-1+' Ratings Affirmed
2025/02/12 Media Release: U.S. Steel Tariffs Bring Opportunities For China Steel Corp.
2024/04/29 Research Update: Ratings On China Steel Corp. Affirmed At 'twAA-/twA-1+'; Outlook Stable
2023/04/28 Media Release: China Steel Corp. Outlook Revised To Stable On Weaker Demand, Rising Capex; 'twAA-/twA-1+' Ratings Affirmed
2022/04/28 Media Release: China Steel Corp. Outlook Revised To Positive From Stable On Accelerated Deleveraging; 'twAA-/twA-1+' Ratings
2021/04/23 Media Release: China Steel Corp. Outlook Revised To Stable From Negative On Solid Demand Recovery; 'twAA-/twA-1+' Ratings Affirmed
Last 5 Years Issue Rating History
Series Amount
(Million)		 Issue Date Maturity Date
 Coupon Rate
(%)		 Rating Rating Date
102-1-/B   0 -- -- -- NR  2023/07/12
101-1/B   0 -- -- -- NR  2022/08/03
*Taiwan Ratings maintains continuous surveillance over its ratings and the “Rating date” below refers to the last date on which the ratings/outlook have been changed or the ratings on/off CreditWatch.
*Unless there is a material change in our rating views on a given entity, Taiwan Ratings does not update the “Rating date,” which is accordance with the general international practice for rating disclosures.