The new wire rod prices in the local Taiwanese market are at the following levels:
Product |
Price |
Low carbon 5.5-12 mm |
NTD 21,500-24,000/mt ($667-746/mt) |
Medium carbon 5.5-12 mm |
NTD 23,000-23,500/mt ($715-730/mt) |
High carbon 5.5-12 mm |
NTD 23,000-23,500/mt ($715-730/mt) |
Low alloyed 5.5-12 mm |
NTD 26,500-27,000/mt ($823-839/mt) |
CHQ 5.5-32 mm |
NTD 28,000-28,300/mt ($870-879/mt) |
The above prices include five percent VAT and are also delivered to warehouse. All the prices are for middle and late July shipments. Medium carbon, high carbon and low alloyed wire rod prices remained unchanged, while low carbon wire rod prices have decreased by NTD 500/mt ($16/mt) and CHQ grade wire rod prices have decreased by NTD 200/mt ($6/mt) - all compared to last week.
US$1 = NTD 32.019