The new wire rod prices in the local Taiwanese market are at the following levels:
Product |
Price |
Low carbon 5.5-12 mm |
NTD 17,000-18,000/mt ($489-517/mt) |
Medium carbon 5.5-12 mm |
NTD 20,000-21,000/mt ($574-603/mt) |
High carbon 5.5-12 mm |
NTD 20,000-21,000/mt ($574-603/mt) |
Low alloyed 5.5-12 mm |
NTD 21,000-22,000/mt ($603-632/mt) |
CHQ 5.5-32 mm |
NTD 22,000-23,000/mt ($632-661/mt) |
The above prices include five percent VAT and are also delivered to warehouse. All the prices are for early March shipments. The low carbon wire rod prices have decreased by NTD 500/mt ($14/mt) as compared to last week, while CHQ grade wire rod prices have dropped by NTD 1,000/mt ($29/mt) week on week.
US$1 = NTD 34.7995