[SMM Stainless Steel Flash] Taiwan (PoC)'s Walsin Lihwa holds October 304 wire rod, lifts copper and moly grades

Published: Oct 01, 2026 10:21 (GMT+8)

Save

Walsin Lihwa of Taiwan (PoC) has announced October prices, keeping 304 wire rod flat along with 200- and 400-series grades. It raised copper-bearing and free-cutting 304, with a larger increase for molybdenum-bearing 316. The company said local stainless scrap prices rose markedly month-on-month, lifting production costs, while AI infrastructure build-out, through demand for liquid cooling and transmission components, is keeping copper and molybdenum prices elevated. After a sizeable benchmark increase in September, Walsin held the base price this month to protect downstream export competitiveness and passed through costs only on alloy-specific grades. That contrasts with Yusco and Tang Eng, which kept raising flat-product prices; on the wire rod side the mill is weighing cost pass-through against what downstream users can absorb. Points to watch are whether local scrap prices keep climbing and whether the benchmark resumes rising in November.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

13 hours ago

[SMM Analysis] China's September Sulphuric Acid Production Down 12.4% YoY: Yunnan Remains Top

NBS data shows that China's September sulphuric acid (100% equivalent) production was 7.876 million mt, down 108,000 mt from 7.984 million mt in August, a YoY decline of 1.4%. Cumulative sulphuric acid (100% equivalent) production in 2026 was 76.026 million mt, down 5.5% YoY.The top five producing regions were Yunnan province at 1.1354 million mt, Anhui province at 720,100 mt, Shandong province at 703,500 mt, Guangxi Zhuang Autonomous Region at 559,500 mt, and Inner Mongolia Autonomous Region.

13 hours ago

15 hours ago

Data: SHFE, DCE market movement (Oct 21)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 21 Oct , 2026

15 hours ago

16 hours ago

[NPI Daily Review] Production Cut Rumors Rattle Market; Most Players Stay on the Sidelines

[SMM Daily Review: Production Cut Rumors Rattle Market, Most Participants Stay on the Sidelines] October 21 news: SMM's upstream sentiment factor for high-grade NPI stood at 1.73, down 0.04 MoM, while the downstream sentiment factor for high-grade NPI was 1.72, down 0.03 MoM.

16 hours ago