[Ferro-Alloys.com] Taiwan's China Steel Corp(CSC) announced to increase its cold rolled, hot rolled and galvanized steel products by NT$600/ton for December on Oct 19th.
CSC will release its electric furnace(EF) Al-Killed wire rod prices in recent days. According to report, recent China's wire rod price markup and coking coal rose sharply by 116%( about USD220~230/ton FOB).
It expects that CSC will be very likely to increase its EF Al-killed wire rod price further for December in order to offset the high raw material cost.
(Article from Internet for reference only)
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