SteelOrbis has been informed that the price of SUS 304 stainless steel wire rod of 5.5-32 mm in the local Taiwanese market is being quoted at NTD 160,000-170,000/mt ($4,869-5,173/mt) ex-warehouse, including five percent VAT, for late July shipments.
The above prices indicate a drop of around NTD 18,000-25,000/mt ($548-761/mt) compared to last week.