Industry News

Walsin Lihwa raises stainless steel wire rod prices for March

Views : 102
Update time : 2024-02-29 17:58:35
Walsin Lihwa, a stainless steel wire rod and cable manufacturer in Taiwan, announced an increase in prices of certain stainless steel wire rods for March.

Among them, the price of the 300 series products was up by NT$3/kg, and that of the 200 and 400 series was kept unchanged. The surcharge of 316 and copper-contained products was raised by NT$1/kg.

Walsin Lihwa said that the price adjustment was to appropriately reflect costs and consider customer competitiveness. The recent LME nickel has rebounded rapidly, and China’s infrastructure projects have pushed up the prices of molybdenum, copper, and other alloys. Customers have started to replenish their inventories, which was expected to boost the end market’s demand.
Related News
Read More >>
Overview of China's primary aluminium production in December 2024 and forecast for January 2025 Overview of China's primary aluminium production in December 2024 and forecast for January 2025
Jan .14.2025
Overview of China's primary aluminium production in December 2024 and forecast for January 2025
Hydro eyes 100% ownership in battery-recycling JV Hydrovolt Hydro eyes 100% ownership in battery-recycling JV Hydrovolt
Jan .14.2025
Hydro eyes 100% ownership in battery-recycling JV Hydrovolt
Colombia’s green aluminium project to lead charge in sustainable industrialisation Colombia’s green aluminium project to lead charge in sustainable industrialisation
Jan .14.2025
Colombia’s green aluminium project to lead charge in sustainable industrialisation
Alba and Ma’aden call off strategic merger talks Alba and Ma’aden call off strategic merger talks
Jan .14.2025
Alba and Ma’aden call off strategic merger talks