Taiwanese Yieh Hsing has finally announced its December list base price detail.
Yieh Hsing decided to cut its price Al-killed steel and Rimmed steel wire rod products by NT$500/ton but keep its price flat for killed steel wire rods for December, considering to China Steel Corp. (CSC)'s new wire rod price.
Yieh Hsing's new price for Al-killed steel wire rod will fall to NT$21,200/ton; those for rimmed steel wire rod will be at NT$20,900/ton and those for killed steel wire rods will stay at NT$20,900/ton.
Some market participants said since most of Taiwan's wire rod makers have reduced their new price for December; the wire rod transaction price in Taiwan domestic market will go down also.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=67564&division=A4