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 ($1,053-1,119/mt) |
Medium carbon 5.5-12 mm | NTD 32,000-35,000/mt ($1,053-1,152/mt) |
High carbon 5.5-12 mm | NTD 32,000-35,000/mt ($1,053-1,152/mt) |
Low Alloyed 5.5-12 mm | NTD 33,000-34,500/mt ($1,086-1,135/mt) |
CHQ 5.5-32 mm | NTD 35,500-37,000/mt ($1,170-1,218/mt) |
The above prices include five percent VAT and are also delivered to warehouse. All the prices are for mid-August shipments. The CHQ wire rod prices indicate a decrease of NTD 500/mt ($16/mt) as compared to the previous week.