The new wire rod prices in the local Taiwanese steel market are at the following levels:
Product | Price |
Low carbon 5.5-12 mm | NTD 20,300-22,000/mt ($678-735/mt) |
Medium carbon 5.5-12 mm | NTD 23,000-24,000/mt ($768-801/mt) |
High carbon 5.5-12 mm | NTD 23,000-24,000/mt ($768-801/mt) |
Low alloyed 5.5-12 mm | NTD 26,000-26,500/mt ($868-885/mt) |
CHQ 5.5-32 mm | NTD 25,500-26,000/mt ($851-868/mt) |
The above prices include five percent VAT and are also delivered to customer. The prices, which have declined by NTD 200-1,000/mt ($7-33/mt) since last week, are for mid-September shipments.
$1 = NTD 29.95