It is reported that Taiwan's wire rod producer Yieh Hsing Enterprise Co Limited will announce new price after Feng Hsin Iron & Steel raised its wire rod price by nearly USD 37 per tonne.

According to market participants, it is expected the price rise is about USD 46 per tonne.

Yieh Hsing's price of Al killed wire rod might reach to USD 645 per tonne. The Rimmed steel and Killed steel wire rod prices may hit USD 610 per tonne, USD 595 per tonne respectively.

(Sourced from YIEH.corp)