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 133,000-138,000/mt ($4,337-4,500/mt) ex-warehouse, including five percent VAT, for mid-June shipments.
The above prices indicate a decrease of around NTD 5,000-7,000/mt ($163-228/mt) compared to last week.