The new wire rod prices in the local Taiwanese market are at the following levels:
Product | Price |
Low carbon 5.5-12 mm | NTD 26,000-27,000/mt ($804-835/mt) |
Medium carbon 5.5-12 mm | NTD 30,000-32,200/mt ($928-996/mt) |
High carbon 5.5-12 mm | NTD 30,000-32,200/mt ($928-996/mt) |
Low alloyed 5.5-12 mm | NTD 31,500-33,500/mt ($974-1,036/mt) |
CHQ 5.5-32 mm | NTD 29,700-30,200/mt ($918-934/mt) |
The above prices include five percent VAT and are also delivered to warehouse. All the prices are for mid-November shipments. The low carbon wire rod prices indicate a decrease of NTD 1,000-3,000/mt ($31-93/mt), while medium and high carbon wire rod prices indicate a decrease of NTD 500-1,800/mt ($15-56/mt) and the prices of CHQ wire rod indicate a drop of NTD 1,800-2,800/mt ($56-87/mt), all compared to the previous week.