- Taiwan’s largest stainless steel manufacturer, Walsin Lihua, raised wire rods prices for Jan’23 sales amid increasing raw material prices, as per reports.
- Prices of 304 grade wire rods moved up by NTD 6,000/t, 200 series by NT$3,000/t, 316 series by NTD 12,000/t, and 400 series by NTD 1,500/t.
- Export prices for 304, 200, 316, and 400 series products moved up by $200/t, $100/t, $400/t, and $50/t, respectively.
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