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Taiwanese wire rod price to remain stable-The 21st China (Guangzhou)Int’l Fastener & Equipment Exhibition 12/5/2019 紧固件展-紧固件采购会-国际紧固件展-fastener expo |
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Taiwanese wire rod and wire transaction price remained stable. However, the
demand was not strong compared to first half of this year. Some Taiwanese fastener manufacturers benefited from the US-China trade war due to order transferred, but some fastener manufacturers said that the order was not as good as the same period last year.
The current deal price from Taiwanese China Steel Corp. (CSC)''s Al-killed wire rod was about US$22,900~23,200/ton and Dragon Steel''s Al-killed wire rod was about US$22,200~22,500/ton. The current deal price from CSC''s Al-killed finish wire was about US$27,000~27,100/ton and Dragon Steel''s Al-killed finish wire was about US$26,000~26,100/ton.
In the US-China trade war, industry insiders pointed out that the demand for mechanical steel had slight influence. However, the impact was not big during the trade war. End users adjusted mainly for their normal inventory before end of the year.
As for the steel prices in China, steel mills all kept their prices flat in October. In this regard, industry insiders said that the recent Chinese steel prices will help the price stability in the market.
紧固件展-2020第二十一届广州国际紧固件及设备展览会-巨浪展览
-The 21st China (Guangzhou)Int’l
Fastener & Equipment Exhibition
- Fastener exhibition,2020 Fastener
exhibition, China Fastener exhibition, Guangzhou Fastener exhibition, 2020 Fastener
expo, China Fastener expo, Guangzhou Fastener expo
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