Yieh Hsing Enterprise Co., Ltd., one of Taiwan's major wire rod manufacturers, announced its price for February today (February 4).

Among them, carbon steel wire rods remain subject to individual negotiations, while 300 series stainless steel wire rods face a price increase of NT$1,000/ton. The 200 and 400 series and 316L surcharges kept unchanged.

Yieh Hsing said its decision to appropriately reflect cost increases was due to global political and economic instability, the New Taiwan dollar's depreciation, and rising raw material import costs.