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 19,000-20,000/mt ($611-644/mt) |
0 |
Medium carbon 5.5-12 mm |
NTD 23,000-24,000/mt ($740-772/mt) |
0 |
High carbon 5.5-12 mm |
NTD 23,000-24,000/mt ($740-772/mt) |
0 |
Low alloyed 5.5-12 mm |
NTD 25,800-26,800/mt ($830-862/mt) |
↑300 |
CHQ 5.5-32 mm |
NTD 26,300-26,800/mt ($846-862/mt) |
↑900 |
The above prices include five percent VAT, are for delivery to customer, and are for late August shipments.
$1 = NTD 31.08