Wire rod prices in the local Taiwanese steel market are at the following levels:
Product |
Price |
Weekly change (NTD/mt) |
Low carbon 5.5-12 mm |
NTD 23,300-24,300/mt ($821-868/mt) |
+1,300 |
Medium carbon 5.5-12 mm |
NTD 24,500-25,500/mt ($875-911/mt) |
+1,000 |
High carbon 5.5-12 mm |
NTD 24,500-25,500/mt ($875-911/mt) |
+1,000 |
Low alloyed 5.5-12 mm |
NTD 28,500-29,500/mt ($1,018-1,054/mt) |
+1,000 |
CHQ 5.5-32 mm |
NTD 27,000-27,500/mt ($964-982/mt) |
+1,000 |
The above prices include five percent VAT, are ex-warehouse, and for early February shipments.
$1 = NTD 28