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 17,800-20,500/mt ($595-686/mt) |
Medium carbon 5.5-12 mm |
NTD 22,000-22,500/mt ($736-753/mt) |
High carbon 5.5-12 mm |
NTD 22,000-22,500/mt ($736-753/mt) |
Low alloyed 5.5-12 mm |
NTD 24,000-25,200/mt ($803-843/mt) |
CHQ 5.5-32 mm |
NTD 22,200-22,800/mt ($742-763/mt) |
The above prices include five percent VAT and are also delivered to customer. The prices, which have declined by NTD 200-1,200/mt ($7-40/mt) since last week, are for late June and early July shipments.
$1 = NTD 29.90