SteelOrbis has been informed that the price of SUS 304 stainless steel wire rod of 5.5-32 mm in the local Taiwanese market is being quoted at NTD 136,000-140,000/mt ($4,123-4,245/mt) ex-warehouse, including five percent VAT, for late August shipments.
The above prices indicate a drop of around NTD 24,000-30,000/mt ($727-909/mt) compared to last week.