It is reported that Taiwanese Tycoons decided to cut the selling prices of Al killed wire rod to TWD 23,500 per tonne in response to weak market.

It's known that China Steel Corporation's list prices of blast furnace Al killed wire rod are at TWD 26,800 per tonne and Taiwanese singe rolling mills' list prices of Al killed wire rod is at TWD 26,000 per tonne.

To compare with other steel mills, Tycoons' selling prices of Al killed wire rod is much lower. It's said that Tycoons received 3,000 to 4,000 tonnes of order volumes in November 2011.

(Sourced from www.yieh.com)