Feng Hsin expects to lift wire rod prices
Published: 29 Jul 2009 23:39:57 PSTJuly 30 MetalBiz--After China Steel Corporation (CSC) increased its wire rod price by NT$1,200 / ton, Feng Hsin Iron&Steel is expected to raise its wire rod price by NT$1,000 / ton.
It is expected that the company's base price will be increased from NT$18,300 / ton to NT$19,300 / ton.
In addition, Feng Hsin price of bars might reach NT$19,500 / ton, and the price of wire rod Al-killed material will hit NT$20,500 / ton.
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