China Steel Corporation
China Steel Corporation (TAI: 2002) is trading at NT$18.95, about ₹57 at today's TWD/INR rate, as of 8 Oct 2026, 1:30 AM ET. China Steel is not currently available to trade on Paasa; this page shows its price, statistics and the Indian tax treatment for information.
Quote
Today's low
NT$18.90
Today's high
NT$19.05
52 week low
NT$17.60
52 week high
NT$21.60
2002 opened at NT$18.90, closed previously at NT$18.95, and has traded between NT$17.60 and NT$21.60 over the past 52 weeks.
About
China Steel Corporation manufactures and sells steel products in Taiwan, Vietnam, Malaysia, China, India, and internationally. It offers steel plates primarily for use in construction structures, shipbuilding, bridge beams, oil country tabular goods, machine structures, pressure vessels, and in climate/corrosion-resistant steel plates; steel bars and wire rods for applications in general and machine structures, cold and hot forging, hard drawn steel wires, and welding electrodes; and hot-rolled coils and sheets that are used in automobile chassis, bridge beams, construction, road guardrails, steel pipes, pressure vessels, and landscaping. The company also provides cold-rolled coils for use in automobile stamping parts and home electronics products; parts requiring high-level forming, such as automobile and scooter components; a variety of PSE and structural reinforcement parts; and products requiring surface coating treatment comprising painting, electroplating, and the application of adhesive surfaces. In addition, it offers mechanical, communications, and electrical engineering services; generates solar and offshore wind power; general investment; raw materials shipping and management, and ship chartering; business management and management consulting; on-site and systematic security; technical; firefighting and mechatronic engineering; software design and digital information supply; and ERP systems automation control systems services. Further, the company engages in the wholesale of computer software; production and sale of aluminum and non-ferrous metal products, as well as industrial magnetic, chemical, and iron oxides; development and lease of real estate; buying, selling, and acting as an agency for steel products; and manufacturing and trading of electronic ceramics, and aeronautical or marine life saving products. China Steel Corporation was incorporated in 1971 and is headquartered in Kaohsiung, Taiwan.
Key statistics
Avg. volume
52.84M
Market cap
NT$288.83B
P/E Ratio
-90.89
Price-to-sales ratio
0.91
Enterprise value
NT$535.76B
Free cash flow yield
4.42%
Debt-to-equity ratio
0.92
Return on equity
-1.49%
ROIC
-0.47%
Beta
0.48
Dividend yield
0.79%
Last dividend
NT$0.15
Financial overview
Revenue
NT$317.16B
Earnings per share
-NT$0.29
Free cash flow
NT$12.59B
Net profit margin
-0.97%
Gross margin
4.17%
EBITDA
NT$28.71B
Revenue growth
-12.03%
Similar securities
This is not an investment recommendation
China Steel for Indian investors
China Steel is listed on the Taiwan Stock Exchange. It is not currently available to trade on Paasa; the figures on this page are for information, and the tax notes below apply to Indian residents who hold it.
Taxes on China Steel for Indian residents
Trading and limits
- Trading hours
- 9:00 am – 1:30 pm SGT
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. China Steel’s current yield is 0.79%.Dividend tax explained
FAQs
Can I buy China Steel on Paasa?
China Steel (2002) has been listed on the Taiwan Stock Exchange since 1974, in the Steel industry. China Steel is not currently available to trade on Paasa; the figures on this page are for information. Indian residents who hold it through another broker still declare it under the rules below.
How much does one China Steel share cost in rupees?
One China Steel share is NT$18.95 — about ₹57 at a TWD/INR rate of 3.03 on 9 Oct 2026. Both the China Steel price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for investing abroad from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability.
How are gains on China Steel shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the TWD/INR rate on the purchase and the sale date, so the rupee move counts alongside the China Steel price.
Does China Steel pay a dividend, and how is it taxed in India?
Yes. China Steel pays a dividend and the current yield is 0.79%; the last declared dividend was NT$0.15 per share, about ₹0.45. Dividends are taxed at your slab rate in India.
When does TAI trade, in Indian time?
The Taiwan Stock Exchange trades 6:30 am – 11:00 am IST in Indian time.
Do I have to declare China Steel shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. The holding is reported with its cost and its closing value.
Does the rupee rate affect what I make on China Steel?
Yes. China Steel is priced in TWD, so your rupee outcome combines the TWD move with the TWD/INR move between the day you remit and the day you convert back.