The new wire rod prices in the local Taiwanese steel market are at the following levels:
Product | Price |
Low carbon 5.5-12 mm | NTD 20,500-22,500/mt ($684-751/mt) |
Medium carbon 5.5-12 mm | NTD 23,500-24,500/mt ($784-817/mt) |
High carbon 5.5-12 mm | NTD 23,500-24,500/mt ($784-817/mt) |
Low alloyed 5.5-12 mm | NTD 27,000-27,500/mt ($901-918/mt) |
CHQ 5.5-32 mm | NTD 25,500-26,300/mt ($851-878/mt) |
The above prices include five percent VAT and are also delivered to customer. The prices, which have remained stable since last week, are for early September shipments.
$1 = NTD 29.97