Metalnewsnet 13 May ：

Quintain Steel, which is one of the major wire rod producers in Taiwan, said under the Economic Cooperation Framework Agreement with China, Chinese steel wire rod exports will harm Taiwan wire rod industries badly.

Basically, majority of wire rod, billet, and deformed bar production was supplied to domestic market. Under ECFA, the low priced steel product above will flux into Taiwanese market.

However, according to the president of Quintain Steel, the company is ready to take challenge of low priced competition with the capability to develop its own channel.

( from YIEH.Corp)