The new wire rod prices in the local Taiwanese market are at the following levels:
Product | Price |
Low carbon 5.5-12 mm | NTD 22,000-23,000/mt ($658-688/mt) |
Medium carbon 5.5-12 mm | NTD 27,000-28,000/mt ($808-838/mt) |
High carbon 5.5-12 mm | NTD 27,000-28,000/mt ($808-838/mt) |
Low alloyed 5.5-12 mm | NTD 29,000-29,500/mt ($867-882/mt) |
CHQ 5.5-32 mm | NTD 29,000-29,500/mt ($867-882/mt) |
The above prices include five percent VAT and are also delivered to warehouse. All the prices are for end of November shipments. The low carbon wire rod prices indicate a decrease of NTD 4,000/mt ($120/mt), while medium and high carbon wire rod prices show a decrease of NTD 3,000-4,200/mt ($90-126/mt), low alloyed wire rod prices dropped by NTD 2,500-3,500/mt ($75-105/mt) and the prices of CHQ wire rod indicate a drop of NTD 700/mt ($21/mt), all compared to the previous week.
US$1 = NTD 33.4320