Yieh Hsing Enterprise has announced to cut its stainless steel wire rod domestic prices by TWD 3,000 per tonne for October.

The company said it will remain its price unchanged for carbon steel wire rod. Taiwan's domestic stainless steel wire rod market remained sluggish.

Walsin also cut its price by TWD 5,000 to TWD 6,000 per tonne for October, and planned to stop offering price next week in order to avoid more loss.

(Sourced from YIEH.corp)