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 19,000-21,500/mt ($648-734/mt) |
Medium carbon 5.5-12 mm |
NTD 22,500-23,500/mt ($768-802/mt) |
High carbon 5.5-12 mm |
NTD 22,500-23,500/mt ($768-802/mt) |
Low alloyed 5.5-12 mm |
NTD 24,000-24,500/mt ($819-836/mt) |
CHQ 5.5-32 mm |
NTD 23,000-23,500/mt ($785-802/mt) |
The above prices include five percent VAT and are also delivered to customer. The prices, which have declined by NTD 500/mt ($17/mt) since last week, are for shipments in mid-October.
$1 = NTD 29.30