News 

On 11/29, Taiwan CSC has announced the domestic selling price for every steel product in Jan. and Feb. It decided reduce the price of any steel item except for wire rod. The average weighted price per ton is down NT$751 (-3.2%). The price for wire rod which many fastener manufacturers concern a lot remains flat.

CSC said that it reduced the price for steel products due to the correction to market trend, the upcoming Chinese New Year when the demand for steels is low, and the reduction of steel price in Asia. However, the demand for wire rod in the market still exists, so the price remains flat. As for the production of wire rod in Jan. and Feb., Taiwan CSC said that the production would be 10% less than last quarter due to the overhaul of wire plants and steel billets and the long period of New Year holidays causing the decline of working days.