Taiwan's Yieh Hsing Enterprise has decided to lift TWD 2,000 per tonne for 304 stainless steel wire rod price for September. It increased its price by TWD 10,000 per tonne in the second half of August.

Meanwhile, Walsin Lihwa also raises TWD 12,000 per tonne for domestic price. The reasons of increase are average nickel price of August remained high and other alloy materials consecutively go up.

Besides, the additive alloy price of 316 wire rod, especially for copper, soars as well, hence, they have to increase the price of 316 wire rod and will lift further afterwards.

(Sourced from YIEH.corp)