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 13,000-14,200/mt ($388-424/mt) | - |
Medium carbon 5.5-12 mm | NTD 14,000-15,000/mt ($418-447/mt) | - |
High carbon 5.5-12 mm | NTD 14,000-15,000/mt ($418-447/mt) | - |
Low alloyed 5.5-12 mm | NTD 19,300-20,500/mt ($576-611/mt) | ↑ NTD 200/mt ($6/mt) |
CHQ 5.5-32 mm | NTD 19,000-20,000/mt ($567-597/mt) | - |
The above prices include five percent VAT, are for delivery to customer, and for end of February shipments.
$1 = NTD 33.55