Category: Stainless Steel
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Taiwan: Stainless steel wire rod prices hit 17-month high on higher raw material costs
Higher nickel costs support mill hikes Indonesian 304 2B prices hold firm Taiwan’s stainless steel wire rod export prices have risen above NT$97,000/t ($3,050/t), reaching a 17-month high and increasing by more than NT$19,000/t ($597/t) over the past seven months. The increase has been supported by higher raw material costs, particularly nickel, prompting mills to…