The new wire rod prices in the local Taiwanese market are at the following levels:
Product |
Price |
Low carbon 5.5-12 mm |
NTD 16,500-17,000/mt ($472-486/mt) |
Medium carbon 5.5-12 mm |
NTD 19,000-20,000/mt ($544-572/mt) |
High carbon 5.5-12 mm |
NTD 19,000-20,000/mt ($544-572/mt) |
Low alloyed 5.5-12 mm |
NTD 21,000-22,000/mt ($601-629/mt) |
CHQ 5.5-32 mm |
NTD 21,000-22,000/mt ($601-629/mt) |
The above prices include five percent VAT and are also delivered to warehouse. All the prices are for late March shipments. The low carbon wire rod prices have decreased by NTD 500/mt ($14/mt), while medium and high carbon wire rod prices as well as CHQ grade wire rod prices have shown a drop of NTD 1,000/mt ($29/mt), as compared to last week.
US$1 = NTD 34.9548