Stainless steel wire rod prices increase in Taiwanese domestic market

SteelOrbis has been informed that in the local Taiwanese steel market the price of SUS304 stainless steel wire rod of 5.5-32 mm thickness is being quoted at NTD 99,000-100,000/mt ($3,342-3,376/mt), ex-warehouse, on actual weight basis, and for end of February deliveries. The prices which include five percent VAT have increased by NTD 5,000/mt ($169/mt) as compared to last week.
 
$1 = NTD 29.62