China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan announced to remain its list prices for electric furnace (EF) Al-killed wire rods unchanged for April.
After the announcement, the company's list prices for EF Al-killed wire rods are at NT$22,200/ton and the actual selling prices are at NT$21,200~NT$21,700/ton.
Industry sources pointed out that CSC's price cut on EF Al-killed wire rods was mainly to reflect decreased steel wire product prices and dropped raw material prices.
CSC expected that the unchanged prices for EF Al-killed wire rods will help the downstream screw makers to have better sales in exports markets.