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Yieh Hsing remains wire rod list prices flat for April

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Yieh Hsing, one of the major wire rod producers in Taiwan announced to remain its April list prices of wire rod unchanged on March 30th.

Also, the company has remained the list prices of wire rod unchanged for consecutive three months.

After the adjustment, the company latest list prices of Al-killed wire rod are at NT$26,500/ton; that of rimmed wire rod is at NT$25,500/ton and that of killed wire rod is at NT$24,500/ton.

Yieh Hsing stated that it decided to keep its March list prices unchanged as it considered the current weak market demand.

In addition, most steel mills including China Steel Corp. (CSC) and Quintain Steel have kept its April list prices unchanged.

Industry sources forecasted that the Taiwanese wire rod market would be remain stable in the near future.
News Date 02 Apr 2012 13:40:14 reported by Claude Tseng

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