China Steel Corporation (CSC) Q2 2026 Quarterly Price / Dragon Steel Wire Rod Price List
CSC Q2 Quarterly Products:
- Bar and Wire Rod (Low Carbon, Medium/High Carbon, Cold Heading, Low Alloy): Up NT$1,000/ton
Dragon Steel (EAF) Products:
- EAF A-Grade Wire Rod: Up NT$1,000/ton
📌 Key Highlights:
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Ending Two Quarters of Flat Prices: This price list resumes an upward trend, marking the first price hike after three quarters of stable pricing.
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Reflecting Cost Trends: Primarily driven by support from international raw material prices and the depreciation of the New Taiwan Dollar (TWD), placing significant cost pressure on steel mills.
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Regional Market Correlation: As major Asian steel mills generally raise their wire rod quotations, this adjustment aligns with market expectations.
💡 The simultaneous NT$1,000 increase by CSC and Dragon Steel sends a strong signal of "catch-up" price adjustments:
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Defending Mill Profitability: Even as export orders for downstream fasteners have not yet fully recovered, CSC opted for a price hike. This indicates that exchange rates and raw material costs have reached the limits of what the mills can absorb.
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Boosting Market Confidence: After three quarters without an increase, this opening high aims to bolster industry confidence and encourage downstream inventory replenishment.
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Risk Considerations: While prices have been adjusted upward, the actual speed of demand absorption (de-stocking) at the end-user level remains the key factor in whether these price levels will stabilize.