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 16,000-16,500/mt ($573-589/mt) | -NTD 2,000/mt ($32/mt) |
Medium carbon 5.5-12 mm | NTD 18,500-19,000/mt ($605-621/mt) | -NTD 500/mt ($16/mt) |
High carbon 5.5-12 mm | NTD 18,500-19,000/mt ($605-621/mt) | -NTD 500/mt ($16/mt) |
Low alloyed 5.5-12 mm | NTD 24,000-25,200/mt ($812-867/mt) | -NTD 1,500-2,000/mt ($16/mt) |
CHQ 5.5-32 mm | NTD 23,000-24,000/mt ($796-828/mt) | -NTD 2,000/mt ($16/mt) |
The above prices include five percent VAT, are for delivery to customer, and are for early November shipment.
$1 = NTD 31.47