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Taiwanese stainless steel wire rod prices remain stable-The 17th China(Guangzhou)Int'l Stainless Steel Industry Exhibition 3/23/2016 Stainless Steel Industry expo |
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LME nickel price reached to USD9,350/MT on March 7 and this is the highest level in current period of time. Stimulated by the nickel rise from Mar. 2 to Mar. 7.
Taiwanese wire rod user brgan to purchase for stock. However, the nickel price settled at USD8,621/MT last Friday. And the nickel price didn''t have a obvious further increase last week.
The deal transactions remained stable. As Japanese yen kept appreciating, Taiwan''s buyers import cost is high and don''t have high interest to purchase at this moment from Japan.
-The 17th China(Guangzhou)Int'l Stainless
Steel Industry Exhibition
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