YIEH.COMRegisterForgot your ID? About Yieh Corp. Español Contact UsInquiry Now 
Search
 
Market News
Expert Article
Useful Link
Conference & Exhibition
Market News Archive
Key Word
Search By
Date
Classification
Region
Long product ... more
Transaction prices of CSC’s EF Al-killed finished steel wire rebound in Taiwanese market
Recently, the transaction prices of China Steel Corp. (CSC)’s electric furnace (EF) Al-killed finished steel wire have rebounded slightly to NT$28,000/ton in Taiwanese market, driven by higher prices of electricity and oil and lower inventory in downstream buyers.

In fact, the transaction prices of CSC’s EF Al-killed finished steel wire had ever dropped to NT$27,800/ton previously due to downstream screw makers’ weak performance in overseas markets.

However, the transaction prices of CSC’s EF Al-killed finished steel wire have rose slightly recently after CSC announced to remain its list prices of EF Al-killed wire rod unchanged for May.

Industry sources said that the downstream screw producers’ inventory has been decreasing gradually; thus, the demand for CSC’s EF Al-killed finished steel wire has been pushed up in Taiwanese market.

Besides, it’s expected that CSC might hike its list prices of EF Al-killed wire rod for June due to higher prices of electricity and oil.

Affected by these factors, the transaction prices of CSC’s EF Al-killed wire rod have rose to NT$28,000/ton in Taiwanese market recently.


News Date 5/9/2012 12:08:07 AM reported by Claude Tseng
Related News
No 6, E-Da Road, Yanchao Dist., Kaohsiung City, Taiwan, 82445 R.O.C. │ Tel : +886-7-615-1000 │ Fax : +886-7-615-3000
Copyright (c) 2014 Yieh Corp.. Al l rights reserved Skype to us |Privacy Policy | E-mail: ec@yieh.com