The new wire rod prices in the local Taiwanese market are at the following levels:
Product | Price |
Low carbon 5.5-12 mm | NTD 32,000-34,000/mt ($1,053-1,119/mt) |
Medium carbon 5.5-12 mm | NTD 32,000-35,000/mt ($1,053-1,152/mt) |
High carbon 5.5-12 mm | NTD 32,000-35,000/mt ($1,053-1,152/mt) |
Low Alloyed 5.5-12 mm | NTD 33,000-34,500/mt ($1,086-1,135/mt) |
CHQ 5.5-32 mm | NTD 36,000-37,000/mt ($1,185-1,218/mt) |
The above prices include five percent VAT and are also delivered to warehouse. All the prices are for early August shipments. The wire rod prices indicate an increase of NTD 500/mt ($16/mt) as compared to the previous week.