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 124,000-126,000/mt ($3,752-3,812/mt) ex-warehouse, including five percent VAT, for mid-October shipments.
The above prices indicate a sharp drop of around NTD 10,000/mt ($303/mt) compared to last week.