The new wire rod prices in the local Taiwanese market are at the following levels:
Product | Price |
Low carbon 5.5-12 mm | NTD 25,000-26,500/mt ($773-820/mt) |
Medium carbon 5.5-12 mm | NTD 25,000-26,000/mt ($773-804/mt) |
High carbon 5.5-12 mm | NTD 25,000-26,000/mt ($773-804/mt) |
Alloyed 5.5-12 mm | NTD 25,000-26,000/mt ($773-804/mt) |
CHQ 5.5-32 mm | NTD 25,000-26,500/mt ($773-820/mt) |
The above prices include five percent VAT and are also delivered to warehouse. All the prices are for late February shipments. The wire rod prices indicate an increase of NTD 500/mt ($15/mt) as compared to the previous week.