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 ($567-599/mt) | - |
Medium carbon 5.5-12 mm | NTD 18,500-19,500/mt ($583-614/mt) | - |
High carbon 5.5-12 mm | NTD 18,500-19,500/mt ($584-614/mt) | - |
Low alloyed 5.5-12 mm | NTD 23,800-25,500/mt ($750-803/mt) | - |
CHQ 5.5-32 mm | NTD 23,800-24,800/mt ($750-781/mt) | - |
The above prices include five percent VAT, are for delivery to customer, and are for shipments in early and mid-October.
$1 = NTD 31.74