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Taiwan's Quintain Steel announces price increase for all products

Taiwan's leading wire rod producer Quintain Steel Co., Ltd. announced price hikes for all its products, effective from December, in response to the recent increase in international raw material costs, including coal and iron prices.

Taiwan's Quintain Steel announces price increase for all products

The price adjustment will be based on the order volume placed in November and will be modified according to the actual purchase volume in December.

Quintain Steel will also impose purchase quantity limits for December to manage supply and ensure a stable market. This measure aims to prevent overstocking and maintain balanced supply-demand dynamics.

Quintain Steel strives to maintain its competitive edge in the wire rod industry by carefully monitoring global market trends and adjusting its pricing strategies accordingly.

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SteelRadar Insight - Sayı 1 (Haziran 2024)

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