The new wire rod prices in the local Taiwanese market are at the following levels:
Product | Price |
Low carbon 5.5-12 mm | NTD 20,000-21,000/mt ($596-626/mt) |
Medium carbon 5.5-12 mm | NTD 25,000-26,000/mt ($745-775/mt) |
High carbon 5.5-12 mm | NTD 25,000-26,000/mt ($745-775/mt) |
Low alloyed 5.5-12 mm | NTD 25,000-27,500/mt ($745-820/mt) |
CHQ 5.5-32 mm | NTD 25,000-27,500/mt ($745-820/mt) |
The above prices include five percent VAT and are also delivered to warehouse. All the prices are for end of November and early December shipments. The low, medium and high carbon wire rod prices show a decrease of NTD 2,000/mt ($60/mt), whereas low alloyed and CHQ wire rod indicate a drop of NTD 2,000-4,000/mt ($60-119/mt), all compared to the previous week.
US$1 = NTD 33.5350