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 ($1,051-1,117/mt) |
Medium carbon 5.5-12 mm | NTD 32,000-35,000/mt ($1,051-1,149/mt) |
High carbon 5.5-12 mm | NTD 32,000-35,000/mt ($1,051-1,149/mt) |
Low alloyed 5.5-12 mm | NTD 32,000-33,000/mt ($1,051-1,084/mt) |
CHQ 5.5-32 mm | NTD 34,500-35,000/mt ($1,133-1,149/mt) |
The above prices, which include five percent VAT and are also delivered to warehouse, are all for early/middle of July shipments. The low carbon, medium carbon, high carbon, low alloyed and CHQ grade wire rod prices indicate increases of NTD 1,000/mt ($33/mt), NTD 1,000/mt ($33/mt), NTD 1,000 ($33/mt), NTD 2,000/mt ($66/mt) and NTD 2,000/mt ($66/mt) respectively as compared to the previous week.