The new wire rod prices in the local Taiwanese market are at the following levels:
Product |
Price |
Low carbon 5.5-12 mm |
NTD 15,500-16,500/mt ($449-478/mt) |
Medium carbon 5.5-12 mm |
NTD 18,500-19,500/mt ($536-565/mt) |
High carbon 5.5-12 mm |
NTD 18,500-19,500/mt ($536-565/mt) |
Low alloyed 5.5-12 mm |
NTD 20,500-21,000/mt ($594-608/mt) |
CHQ 5.5-32 mm |
NTD 20,000-21,000/mt ($579-608/mt) |
The above prices include five percent VAT and are also delivered to warehouse. All the prices are for late March/early April shipments. The low carbon wire rod prices have decreased by NTD 500-1,500/mt ($15-44/mt), while medium and high carbon wire rod prices have declined by NTD 500/mt ($15/mt), low alloyed wire rod prices have shown a decrease of NTD 500-1,000/mt ($15-30/mt) and CHQ grade wire rod prices have indicated a drop of NTD 1,000/mt ($30/mt) as compared to last week.
US$1 = NTD 34.4764