The new wire rod prices in the local Taiwanese market are at the following levels:
Product | Price |
Low carbon 5.5-12 mm | NTD 28,500-31,000/mt ($888-966/mt) |
Medium carbon 5.5-12 mm | NTD 30,500-34,000/mt ($951-1,060/mt) |
High carbon 5.5-12 mm | NTD 30,500-34,000/mt ($951-1,060/mt) |
Low alloyed 5.5-12 mm | NTD 32,000-34,000/mt ($997-1,060/mt) |
CHQ 5.5-32 mm | NTD 34,000-35,000/mt ($1,060-1,090/mt) |
The above prices include five percent VAT and are also delivered to warehouse. All the prices are for mid-October shipments. The medium and high carbon wire rod prices indicate a decrease of NTD 500/mt ($16/mt), the low alloyed wire rod prices show a decline of NTD 500-1,000/mt ($16-31/mt), while the prices of CHQ wire rod indicate a drop of NTD 1,000/mt ($31/mt), all compared to the previous week.