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Taiwanese wire rod prices for Dec- The 20th China (Guangzhou) Int’l Plate metal, Bar, wire, Metal Processing &Setting Equipment Exhibition
12/3/2018 金屬板材展-棒材-線材展 -plate metal expo-wire expo |
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Feng Hsin Steel Co., Ltd., one of the major electric furnace mills in Taiwan, declined December based price by NT$500/ton for wire rod (straight wire), to consider the price gap expanding between Taiwan and abroad.
However, the steel grade 50BV30, 6135 and 6140 with vanadium added prices was kept flat. The price for wire rod 1008A was at NT$23,300/ton, for straight bar of S45C (13~100mm) was at NT$25,000/ton and alloy wire rod of SCM440 (under 100mm) was at NT$28,600/ton.
Another wire rod supplier in Taiwan, Quintain Steel Co., Ltd., kept the prices flat for December. As said, the price drop couldn''t increase orders effectively. Affected by the US-China trade war, it might increase orders transferred to Taiwan in the coming future.
In the case of uncertainties next year, they remained the prices flat and will evaluate it next year. China Steel Corporation (CSC) remained price flat of wire rod for the first quarter of 2019.
Affected by the international steel price reversal and different products positioning, the manufacturers released different price trends.
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