Yieh Hsing, one of the major wire rod producers in Taiwan announced to raise the list prices for wire rods by NT$500/ton for February. Also, the company has hiked its wire rod prices for consecutive three months.

After the adjustment, the list prices for rimmed wire rods are NT$23,000/ton; those for blast furnace (BF) killed wire rods are at NT$22,500/ton and those for electric furnace (EF) killed wire rods are NT$21,800/ton.

It’s known that Yieh Hsing decided to raise the prices, considering to the current market situation.