| News | ||
| Lung Ching Steel to hike steel wire rod price - 18 Mar, 2010 | ||
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Taiwan's Lung Ching Steel has announced to raise its killed steel wire rod price by TWD 300 per tonne to TWD 19,800 per tonne. It may be noted that since the scrap price has kept raising in the global steel market, it has not only pushed steel rebar price to hike but also push electric furnace's killed steel wire rod price to go up. The market analyst said that the main reason for price hike is due to a combination of raising scrap price and soaring wire rod price in global steel market. (Sourced from YIEH.corp) | ||
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