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 15,800-16,300/mt ($499-515/mt) | - |
Medium carbon 5.5-12 mm | NTD 18,000-19,000/mt ($569-600/mt) | - |
High carbon 5.5-12 mm | NTD 18,000-19,000/mt ($569-600/mt) | - |
Low alloyed 5.5-12 mm | NTD 21,500-22,500/mt ($679-711/mt) | - |
CHQ 5.5-32 mm | NTD 20,500-21,000/mt ($648-663/mt) | - |
The above prices include five percent VAT, are for delivery to customer, and are for shipments in mid-November.
$1 = NTD 31.66