SteelOrbis has been informed that in the local Taiwanese steel market the prices of commercial grade billet of 120 mm x 12 m have decreased by NTD 100/mt ($3/mt) as compared to last week and are now being quoted at NTD 17,400-17,500/mt ($582-586/mt) ex-works, for middle and end of July shipments.
In the meantime, rebar prices in the Taiwanese domestic market, which have declined by NTD 100-200/mt ($3-7/mt) as compared to last week, are now at the following levels:
Product | Price |
SD 280 | NTD 19,000-19,300/mt ($636-646/mt) |
SD 420 | NTD 19,800-19,900/mt ($663-666/mt) |
SD 420W V-added | NTD 19,800-19,900/mt ($663-666/mt) |
SD 420 quench | NTD 19,000-19,100/mt ($636-639/mt) |
The above prices include five percent VAT, are ex-warehouse and are also middle and end of July shipments.
US$1 = NTD 29.88