Wire rod prices in the local Taiwanese steel market are at the following levels:
Product | Price |
Low carbon 5.5-12 mm | NTD 17,400-19,000/mt ($551-602/mt) |
Medium carbon 5.5-12 mm | NTD 20,600-21,800/mt ($652-690/mt) |
High carbon 5.5-12 mm | NTD 20,600-21,800/mt ($652-690/mt) |
Low alloyed 5.5-12 mm | NTD 23,400-24,000/mt ($741-760/mt) |
CHQ 5.5-32 mm | NTD 21,600-22,600/mt ($684-716/mt) |
The above prices include five percent VAT, are for delivery to customer, and are also for middle and end of March shipments. In the past week, wire rod prices for all grades have remained unchanged.
$1 = NTD 31.58