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Home Steel News CSC remains EF Al-killed wire rod prices unchanged for October
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CSC remains EF Al-killed wire rod prices unchanged for October

23 Sep 2011 15:45 reported by Claude Tseng

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It’s reported that China Steel Corp. (CSC) announced the latest price policy for electric furnace (EF) Al-killed wire rod for October shipments.

The company decided to leave the prices unchanged at NT$26,000/ton, which met the market participants’ previous forecast.

In fact, CSC cut the September list prices of EF Al-killed wire rod by NT$1,000/ton after it kept the prices unchanged for consecutive four months.

CSC indicated that it decided to keep the prices flat for October shipments, considering to Taiwanese screw industry, the major downstream customers of CSC’s EF Al-killed wire rod.

It’s known that its downstream screw industry has received improved order volumes from foreign market though the demand seems not to rebound obviously.

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