9,393.79 TRY BIST 100 BIST 100
38.08 USD USD USD
5.23 CNY CNY CNY
43.18 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
48.68 TRY Interest Interest
64.02 USD Fossil Oil Fossil Oil
39.92 USD Silver Silver
4.55 USD Copper Copper
98.68 USD Iron Ore Iron Ore
352.00 USD Shipbreaking Scrap Shipbreaking Scrap
4,032.17 TRY Gold (gr) Gold (gr)

China Steel Corporation launches low-carbon wire rod project

China Steel Corporation (CSC) has launched a new project focusing on low-carbon wire rod.

China Steel Corporation launches low-carbon wire rod project

China Steel Corporation (CSC), Taiwan's largest carbon steel producer, has unveiled a new initiative focused on low-carbon wire rods. As part of this project, CSC has reduced the preferential price by NTD 2,500 (about USD 80) per ton, while achieving a record-high allocation ratio of 270%.

The wire rods produced under this project primarily consist of commercial-quality low-carbon steel, sourced from CSC’s blast furnace. In addition, customers have the option to select low-carbon wire rods from Dragon Steel’s electric furnace, all while benefiting from the same preferential pricing conditions.

The products on offer are made from 1018 and 1022 materials, with sizes ranging from 5.5mm to 8mm. While the preferential price remains consistent with previous offerings, the increased allocation ratio signifies growing demand and enhanced availability.

CSC emphasized that the project is specifically designed for small screw manufacturers, with the aim of bolstering Taiwan's export competitiveness in the wire rod market.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

European steel market analysis

Wednesday, April 16, 2025

NMDC closes fiscal year 2024-25 strong with record sales

Wednesday, April 16, 2025

Salzgitter AG decides to remain independent

Wednesday, April 16, 2025

Çolakoğlu Metalurji wins gold award in the international arena

Wednesday, April 16, 2025

Hyundai Steel achieves a first in nuclear steel supply

Wednesday, April 16, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now