Wire rod prices in the local Taiwanese steel market are at the following levels:
Product | Price | Weekly change |
Low carbon 5.5-12 mm | NTD 13,500-14,200/mt ($416-438/mt) | ↑NTD 500/mt ($15/mt) |
Medium carbon 5.5-12 mm | NTD 14,000-15,000/mt ($431-462/mt) | - |
High carbon 5.5-12 mm | NTD 14,000-15,000/mt ($431-462/mt) | - |
Low alloyed 5.5-12 mm | NTD 19,300-21,000/mt ($595-647/mt) | - |
CHQ 5.5-32 mm | NTD 19,300-20,300/mt ($595-626/mt) | - |
The above prices include five percent VAT, are for delivery to customer, and for shipments in early June.
$1 = NTD 32.45