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 20,200-21,200/mt ($691-725 /mt) |
0 |
|
Medium carbon 5.5-12 mm |
NTD 21,600-22,600 /mt ($739-773 /mt) |
0 |
|
High carbon 5.5-12 mm |
NTD 21,600-22,600 /mt ($739-773 /mt) |
0 |
|
Low alloyed 5.5-12 mm |
NTD 24,000-25,000 /mt ($821-855 /mt) |
0 |
|
CHQ 5.5-32 mm |
NTD 23,000-23,500 /mt ($787-804 /mt) |
0 |
The above prices include five percent VAT, are for delivery to customer, and are for late March or early April shipments. Due to the holiday for the Chinese New Year (February 15-21), domestic wire rod prices in Taiwan have remained unchanged during the past two weeks.
$1 = NTD 29.24