SteelOrbis has been informed that in the local Taiwanese steel market the prices of JIS G3141 SPCC cold rolled coils (
CRC) of 0.3-1.5 mm thickness have decreased by NTD 200/mt ($6/mt) on the upper end since last week and are now at NTD 17,000-18,800/mt ($544-601/mt) delivered to customer, on actual weight basis, while the prices of JIS G3131 SPHC 2.0-4.5 mm hot rolled coils (
HRC) have also declined over the same period, softening by NTD 100-300/mt ($3-9/mt), and are now at NTD 15,700-17,000/mt ($502-544/mt) delivered to customer, on actual weight basis.
Both price ranges include five percent VAT and are for mid-February shipments.
$1 = NTD 31.27