The new wire rod prices in the local Taiwanese steel market are at the following levels:
Product | Price |
Low carbon 5.5-12 mm | NTD 21,800-22,800/mt ($730-764/mt) |
Medium carbon 5.5-12 mm | NTD 24,000-24,500/mt ($804-821/mt) |
High carbon 5.5-12 mm | NTD 24,000-24,500/mt ($804-821/mt) |
Low alloyed 5.5-12 mm | NTD 28,000-28,500/mt ($938-955/mt) |
CHQ 5.5-32 mm | NTD 26,000-26,300/mt ($871-881/mt) |
The above prices include five percent VAT and are also delivered to customer. The prices, which have declined by NTD 200/mt ($7/mt) for some grades, are for early June shipments.