Steel News

We strive to let you one step ahead of the market.

FHS decreases wire rod prices for Oct

19 Aug 2019 16:09 reported by Claude Tseng

A A A
Vietnam Formosa Ha Tinh Steel Corporation (FHS) announced to decrease its wire rod price by US$15/ton for October.

The company already dropped the price in total of US$26/ton in recent three months. The main reason for price down was because of the US-China trade war and Asian currency depreciation.

As a result, the demand remained weak in Asia market. Affected by above factors, FHS lowered its hot-rolled coil and wire rod price by US$10/ton and US$15/ton separately. After the adjustment, the low carbon steel wire rod list price was in the range of US$530/ton.

Back to Steel News

Related News

Taiwan's Chung Hung Steel raises HRC local & export prices

  • Carbon steel
  • 22 Jan 2020 16:15

Russian NLMK's crude steel output drops by 10% in 2019

  • Carbon steel
  • 22 Jan 2020 13:38

Italian crude steel production slides in 2019 y-o-y

  • Carbon steel
  • 22 Jan 2020 13:12

US raises final AD duty rate on carbon steel standard pipe imports from Turkey

  • Carbon steel
  • 21 Jan 2020 16:01

US’ crude steel production rises w-o-w

  • Carbon steel
  • 21 Jan 2020 11:36

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 2,385.00
  • 2,372.00
  • Aluminum
  • 1,781.00
  • 1,793.00
  • Copper
  • 6,048.00
  • 6,081.00
  • Nickel
  • 13,290.00
  • 13,370.00

Learn more

Coil Exchange Center

  • 2B Coil-Feb
  • 2,440
  • 2,300
  • NO1 Coil-Feb
  • 2,410
  • 2,270
  • 2B Coil-Feb
  • 2,440
  • 2,300
  • NO1 Coil-Feb
  • 2,410
  • 2,270

Learn more