Wire rod prices in the local Taiwanese steel market are at the following levels:
Product | Price | Weekly change |
Low carbon 5.5-12 mm | NTD 16,500-17,500/mt ($507-538/mt) | +NTD 2,000/mt ($61/mt) |
Medium carbon 5.5-12 mm | NTD 17,000-18,000/mt ($522-553/mt) | +NTD 2,000/mt ($61/mt) |
High carbon 5.5-12 mm | NTD 17,000-18,000/mt ($522-553/mt) | +NTD 2,000/mt ($61/mt) |
Low alloyed 5.5-12 mm | NTD 22,300-24,000/mt ($685-738/mt) | +NTD 2,000/mt ($61/mt) |
CHQ 5.5-32 mm | NTD 22,300-23,300/mt ($685-716/mt) | +NTD 2,000/mt ($61/mt) |
The above prices include five percent VAT, are for delivery to customer, and for shipments in late June.
$1 = NTD 32.54