Taiwan's Yieh Hsing has announced to cut its stainless steel wire rod prices by TWD 3,000 per tonne for April. It has remained its price on carbon steel wire rod unchanged. Prices will be depending on different steel grade and order quantity.

Domestic stainless steel wire rod market remained sluggish, which is the main reason for the price drop. Besides, import prices are being offered at a lower level.

In February, the stainless steel imports totaled 991 tonnes. Japan was the biggest exporter of stainless steel wire rod to Taiwan, at 498 tons.

(Sourced from YIEH.corp)