Reportedly, after China Steel Corp. (CSC) increased the steel prices in last week, CSC’s Al-killed wire rod deal prices have soared further to NT$27,200/ton.

Also, the current price hike of CSC’s Al-killed wire rod has been up to NT$1,700/ton.

However, industry sources indicated as the deal prices of CSC’s Al-killed wire rod have soared sharply in Taiwan’s market, the price hike may slow down in the near future.