The new wire rod prices in the local Taiwanese market are at the following levels:
Product | Price |
Low carbon 5.5-12 mm | NTD 32,000-34,000/mt ($1,042-1,107/mt) |
Medium carbon 5.5-12 mm | NTD 32,000-35,000/mt ($1,042-1,140/mt) |
High carbon 5.5-12 mm | NTD 32,000-35,000/mt ($1,042-1,140/mt) |
Low alloyed 5.5-12 mm | NTD 33,000-34,500/mt ($1,075-1,123/mt) |
CHQ 5.5-32 mm | NTD 33,000-36,000/mt ($1,075-1,172/mt) |
The above prices include five percent VAT and are also delivered to warehouse. All the prices are for late August-early September shipments. The CHQ wire rod prices indicate a decrease of NTD 1,000-1,500/mt ($33-49/mt) as compared to the previous week.