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 17,300-18,300/mt ($581-614/mt) |
0 |
Medium carbon 5.5-12 mm |
NTD 21,000-22,000/mt ($705-738/mt) |
0 |
High carbon 5.5-12 mm |
NTD 21,000-22,000/mt ($705-738/mt) |
0 |
Low alloyed 5.5-12 mm |
NTD 24,000-25,000/mt ($805-839/mt) |
0 |
CHQ 5.5-32 mm |
NTD 23,500-24,000/mt ($789-805/mt) |
0 |
The above prices include five percent VAT, are for delivery to customer, and are for end of May shipments.
$1 = NTD 29.798