It is reported that Yieh Hsing has decided to keep its wire rod prices at the same price level for the first half of December and they will wait and see the market.

It may be noted that Taiwanese stainless steel market is not spirited recently due to depreciation of nickel price. Besides, Walsin Liwa had announced to cut TWD 2,000 per tonne for December's price before Yieh Hsing’s announcement.

According to Yieh Hsing, the stainless steel wire rod market is stable presently because there are still some basic demands, meanwhile, the carbon steel wire rod market is brisk and they mainly focus on selling the carbon steel wire rod currently.

(Sourced from YIEH.corp)