【SMM Steel】Taiwan wire industry urges CSC to hold prices in Q3

Published: May 28, 2026 18:31

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【SMM Steel】At today's pre-market meeting, Taiwan Steel Wire & Wire Rope Industries Association Chairman Wu Yen-ching urged CSC to issue flat pricing or a minimal increase under 500 TWD/tonne (approx. 19 USD/tonne) for Q3 rod and wire products, citing weak downstream exports, upcoming summer power rates, and falling international wire prices. CSC Sales Director Chen Po-han noted that recent steel price hikes were driven by high raw material costs, but promised to balance cost pass-through with protecting downstream export competitiveness.

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