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 20,000-21,000/mt ($684-718/mt) |
0 |
Medium carbon 5.5-12 mm |
NTD 21,500-22,500/mt ($735-769/mt) |
0 |
High carbon 5.5-12 mm |
NTD 21,500-22,500/mt ($735-769/mt) |
0 |
Low alloyed 5.5-12 mm |
NTD 23,500-24,500/mt ($803-838/mt) |
0 |
CHQ 5.5-32 mm |
NTD 23,000-23,500/mt ($786-803/mt) |
0 |
The above prices include five percent VAT, are for delivery to customer, and are for early March shipments.
$1 = NTD 29.25