China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan is going to release its list prices for electric furnace (EF) Al-killed wire rods for next January.
Industry sources said that CSC might remain prices unchanged due to sluggish demand even though scrap prices have rose and input costs have increased.
At present, the quotes of the US container HMS 80:20 (1&2) to Taiwan have surged to US$378/ton CFR, rising by US$20/ton from a month ago, pushing up CSC’s input costs.
Meanwhile, CSC cut its list prices for EF Al-killed wire rods by NT$400/ton to NT$20,400/ton for December.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=67788&division=A4
