After Taiwan’s China Steel Corp. (CSC) cut its prices of electric furnace (EF) Al-killed wire rod by NT150/ton for September, the market prices have decreased by NT$200~300/ton to NT$19,700~20,100/ton.

The market participant said the dealing price is lower than CSC's offer.

In addition, CSC will offer normal supply volume instead of limited supply in the previous moths.

In the early of this year, the lowest price hit NT$19,500/ton and the highest price level is at NT$20,300/ton.