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Taiwan CSC's Wire Rod Price up NTD 800 in Q1 2024
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2023-12-18
According to Taiwan CSC's report, the global steel industry has hovered low for a year and a half and stockpile in the downstream is at a relative low. Steel price and supply is bound to go higher in the first quarter of 2024. Considering the rise in steel-refining material cost and international steel prices, Taiwan CSC has raised the price for January 2024 as appropriate to cope with the increased material costs. The first-quarter price in 2024 has been reflected in accordance to the status of downstream industries.
Price adjustments for Q1 2024 by Taiwan CSC
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Products
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Price Adjustment (NTD per ton)
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Wire rod (low/mid/high carbon, cold headed, low alloy steel)
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+800
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Automotive materials
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+500
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Taiwan CSC
Wire Rod
Price
