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 146,000-148,000/mt ($4,469-4,530/mt) ex-warehouse, including five percent VAT, for early November shipments.
The above prices indicate an increase of around NTD 12,000/mt ($367/mt) compared to last week.