SteelOrbis has been informed that in the local Taiwanese steel market the prices of commercial grade billet of 120 mm x 12 mm have remained stable over the past week at NTD 11,700-12,000/mt ($372-382/mt) ex-works, for early April shipments.
In the meantime, rebar prices in the Taiwanese domestic market have declined by NTD 100-200/mt ($3-6/mt) in the same period and are now at the following levels:
Product | Price |
SD 280 | NTD 13,600-13,900/mt ($433-442/mt) |
SD 420 | NTD 14,200-14,500/mt ($452-461/mt) |
SD 420W V-added | NTD 14,200- 14,500/mt ($452-461/mt) |
SD 420 quench | NTD 13,600-13,900/mt ($433-442/mt) |
The above prices include five percent VAT, are ex-warehouse and are also for early April shipments.
$1 = NTD 31.44