Vietnam’s Formosa Ha Tinh Steel Corporation announced its latest prices of wire rods for December yesterday (October 14).
According to the price announcement, Ha Tinh’s wire rod price was slightly raised by US$5/ton, which has been hiked for three consecutive months.
The adjustment was due to the fact that the current local wire rod market is stable, and downstream demand is increasing, with a good condition of order receiving.
Source: YIEH
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