Trade Resources Industry Trends Taiwan's Export Prices of Large-Diameter Wire Rods Rebounded in March

Taiwan's Export Prices of Large-Diameter Wire Rods Rebounded in March

It's reported that Taiwan's export prices of large-diameter wire rods with diameters larger or equivalent to 14mm rebounded in March. According to statistics, Taiwan exported 7,454 tons of large-diameter wire rods in March, rising by 44% from a month ago. The export prices averaged at NT$22,305/ton, jumping by NT$771/ton from February. Industry sources said that the increased export price in March was boosted by China Steel Corp. (CSC)'s price rise in the given month. For the prospect, it's predicted that Taiwan's export prices of large-diameter wire rods would decrease in the near future as steel prices have dropped in international market and CSC remained its list prices flat.

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=64118&division=A4
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Taiwan's Export Prices of Large-Diameter Wire Rods Rise in March
Topics: Metallurgy