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CSC's Al-Killed Finished Steel Wires Have Dropped Further to NT$24,000/ton

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Core Tip: The transaction prices of China Steel Corp. (CSC)’s Al-killed finished steel wires have dropped further to NT$24,000/ton in the T

The transaction prices of China Steel Corp. (CSC)’s Al-killed finished steel wires have dropped further to NT$24,000/ton in the Taiwanese market recently, falling by NT$500~NT$700/ton.

Industry sources said that the prices might remain weak due to sluggish demand from downstream screw makers.

The transaction prices of CSC’s Al-killed finished steel wires have fallen after CSC cut its list prices for low-carbon steel wire rods by NT$500/ton for next January-February.

In fact, the transaction prices of CSC’s Al-killed finished steel wires had ever surged to NT$26,500~NT$27,000/ton early this year. However, the price dropped to NT$24,000/ton after CSC offered low-priced promotion.

 

 

 
Keyword: CSC, metallurgy
 
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