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 21,300-22,500/mt ($711-752/mt) |
Medium carbon 5.5-12 mm | NTD 24,000-24,500/mt ($802-818/mt) |
High carbon 5.5-12 mm | NTD 24,000-24,500/mt ($802-818/mt) |
Low alloyed 5.5-12 mm | NTD 28,000-28,500/mt ($936-952/mt) |
CHQ 5.5-32 mm | NTD 26,000-26,300/mt ($868-878/mt) |
The above prices include five percent VAT and are also delivered to customer. The prices, which have decreased by NTD 200/mt ($7/mt) week on week for low carbon/mesh grade wire rod, are for middle and end of July shipments.
$1 = NTD 29.94