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Stainless steel wire rod prices in Taiwan expected to increase or remain stable

Taiwan's new stainless steel wire rod price expected to keep flat or rise.

Stainless steel wire rod prices in Taiwan expected to increase or remain stable

The resurgence of the domestic stainless steel market in Taiwan has led to a slow recovery in the demand for stainless steel wire rod.

Looking at the export markets, although orders are at a low level, international nickel prices increased in August.

Considering market demand and steel mills' costs, the new prices of stainless steel wire rods for this week might remain flat or be raised.

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