The new wire rod prices in the local Taiwanese market are at the following levels:
Product |
Price |
Low carbon 5.5-12 mm |
NTD 15,000-16,000/mt ($443-473/mt) |
Medium carbon 5.5-12 mm |
NTD 18,000-18,500/mt ($532-547/mt) |
High carbon 5.5-12 mm |
NTD 18,000-18,500/mt ($532-547/mt) |
Low alloyed 5.5-12 mm |
NTD 19,000-20,000/mt ($562-591/mt) |
CHQ 5.5-32 mm |
NTD 18,500-20,000/mt ($532-591/mt) |
The above prices include five percent VAT and are also delivered to warehouse. All the prices are for late March/early April shipments. All wire rod prices, excluding CHQ, have decreased by NTD 500/mt ($15/mt), while CHQ grade wire rod prices have declined by NTD 1,000-1,500/mt ($30-44/mt), as compared to last week.
US$1 = NTD 33.8289