The new wire rod prices in the local Taiwanese market are at the following levels:
Product |
Price |
Low carbon 5.5-12 mm |
NTD 17,000-18,500/mt ($498-543/mt) |
Medium carbon 5.5-12 mm |
NTD 20,000-21,000/mt ($587-616/mt) |
High carbon 5.5-12 mm |
NTD 20,000-21,000/mt ($587-616/mt) |
Low alloyed 5.5-12 mm |
NTD 21,000-22,000/mt ($616-646/mt) |
CHQ 5.5-32 mm |
NTD 23,000-24,000/mt ($675-704/mt) |
The above prices include five percent VAT and are also delivered to warehouse. All the prices are for late February shipments. The low carbon wire rod prices have increased by NTD 500/mt ($30/mt) as compared to three weeks ago.
US$1 = NTD 34.0390