The new wire rod prices in the local Taiwanese market are at the following levels:
Product | Price |
Low carbon 5.5-12 mm | NTD 19,000-20,000/mt ($578-609/mt) |
Medium carbon 5.5-12 mm | NTD 22,000-24,000/mt ($670-730/mt) |
High carbon 5.5-12 mm | NTD 22,000-24,000/mt ($670-730/mt) |
Low alloyed 5.5-12 mm | NTD 23,000-25,000/mt ($700-761/mt) |
CHQ 5.5-32 mm | NTD 23,000-25,000/mt ($700-761/mt) |
The above prices include five percent VAT and are also delivered to warehouse. All the prices are for early December shipments. The low carbon wire rod prices indicate a decrease of NTD 1,000/mt ($30/mt), while medium and high carbon wire rod prices show a decrease of NTD 2,000-3,000/mt ($61-91/mt), low alloyed wire rod prices have dropped by NTD 2,000-2,500/mt ($61-76/mt) and the prices of CHQ wire rod indicate a drop of NTD 2,000-2,500/mt ($61-76/mt), all compared to the previous week.
US$1 = NTD 33.9140