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 18,000-19,000/mt ($568-599/mt) | - |
Medium carbon 5.5-12 mm | NTD 18,500-19,500/mt ($584-616/mt) | - |
High carbon 5.5-12 mm | NTD 18,500-19,500/mt ($584-616/mt) | - |
Low alloyed 5.5-12 mm | NTD 23,800-25,500/mt ($751-805/mt) | - |
CHQ 5.5-32 mm | NTD 23,800-24,800/mt ($751-783/mt) | - |
The above prices include five percent VAT, are for delivery to customer, and are for shipments in early and mid-October.
$1 = NTD 31.68