The new wire rod prices in the local Taiwanese market are at the following levels:
Product | Price |
Low carbon 5.5-12 mm | NTD 30,000-34,000/mt ($955-1,082/mt) |
Medium carbon 5.5-12 mm | NTD 31,000-34,500/mt ($987-1,098/mt) |
High carbon 5.5-12 mm | NTD 31,000-34,500/mt ($987-1,098/mt) |
Low alloyed 5.5-12 mm | NTD 33,000-34,500/mt ($1,050-1,098/mt) |
CHQ 5.5-32 mm | NTD 34,000-36,000/mt ($1,082-1,146/mt) |
The above prices include five percent VAT and are also delivered to warehouse. All the prices are for late September shipments. The low carbon wire rod prices indicate a decrease of NTD 1,000/mt ($32/mt), while the medium and high carbon wire rods indicate a decrease of NTD 500/mt ($16/mt) as compared to the previous week.