The new wire rod prices in the local Taiwanese market are at the following levels:
Product |
Price |
Low carbon 5.5-12 mm |
NTD 17,000-17,500/mt ($487-501/mt) |
Medium carbon 5.5-12 mm |
NTD 20,000-21,000/mt ($573-602/mt) |
High carbon 5.5-12 mm |
NTD 20,000-21,000/mt ($573-602/mt) |
Low alloyed 5.5-12 mm |
NTD 21,000-22,000/mt ($602-630/mt) |
CHQ 5.5-32 mm |
NTD 21,000-23,000/mt ($602-659/mt) |
The above prices include five percent VAT and are also delivered to warehouse. All the prices are for mid-March shipments. The low carbon wire rod prices have decreased by NTD 500/mt ($14/mt), while CHQ grade wire rod prices have shown a drop of NTD 1,000/mt ($29/mt), as compared to last week.
US$1 = NTD 34.8443