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 134,000-136,000/mt ($4,077-4,138/mt) ex-warehouse, including five percent VAT, for early September shipments.
The above prices indicate a drop of around NTD 2,000-4,000/mt ($61-122/mt) compared to last week.