Taiwan’s Walsin Lihwa & Yieh Hsing raise stainless steel wire rod prices for Sep
Views : 488
Update time : 2020-09-01 16:27:35
After Yieh United Steel Corp. (Yusco) hiked its stainless steel prices, Walsin Lihwa and Yieh Hsing Enterprise Co., Ltd., two leading stainless steel wire rod producers in Taiwan, also announced to raise their prices for September, which have been hiked for five consecutive months.
According to the price adjustment, the prices for Walsin Lihwa and Yieh Hsing’s stainless steel wire rod were raised by NT$5,500/ton. As the nickel price hiked sharply to above US$15,300/ton, both wire rod mills decided to follow the rise of raw materials.
The two wire rod mills have already increased the prices in a total of NT$13,000/ton since May.
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
