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[www.ferro-alloys.com] As some China mills stop offering wire rod prices on April 18, it is expected that new offer might be increased to USD410-420/MT CFR. The scrap and other raw material prices are also increasing. 

It is expected that Taiwan's Dragon Steel Corp might rise its Al-killed wire rod prices by NT$300~500/MT for June. And the wire rod deal price might be up by NT$700/ton which will make Taiwanese screw industry raw material prices up again. And it will not be able to compete and benefit from the international export market.

(article from Internet for reference only)

• [Editor:Chen Zhen Seng]