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 18,000-18,500/mt ($573-589/mt) | -NTD 1,000/mt ($32/mt) |
Medium carbon 5.5-12 mm | NTD 19,000-19,500/mt ($605-621/mt) | -NTD 500/mt ($16/mt) |
High carbon 5.5-12 mm | NTD 19,000-19,500/mt ($605-621/mt) | - |
Low alloyed 5.5-12 mm | NTD 25,500-27,200/mt ($812-867/mt) | - |
CHQ 5.5-32 mm | NTD 25,000-26,000/mt ($796-828/mt) | - |
The above prices include five percent VAT, are for delivery to customer, and are for late October and early November shipment.
$1 = NTD 31.39