SteelOrbis has been informed that in the local Taiwanese steel market the prices of commercial grade billet of 120 mm x 12 mm have increased by NTD 300/mt ($9/mt) over the past week to NTD 9,000-9,400/mt ($274-286/mt) ex-works, for late April shipment.
In the meantime, rebar prices in the Taiwanese domestic market, which have increased by NTD 300/mt ($9/mt) since last week, are now at the following levels:
Product | Price |
SD 280 | NTD 10,600-10,800 /mt ($323-329/mt) |
SD 420 | NTD 11,000-11,100 /mt ($335-338/mt) |
SD 420W V-added | NTD 11,000-11,100 /mt ($335-338/mt) |
SD 420 quench | NTD 10,600-10,800 /mt ($323-329/mt) |
The above prices include five percent VAT, are ex-warehouse, and are also for late April shipment.
$1 = NTD 32.82