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 200/mt ($7/mt) since last week to NTD 15,300-15,500/mt ($509-516/mt) ex-works, for early and middle of June shipments.
In the meantime, rebar prices in the Taiwanese domestic market, which have moved up by NTD 200-300/mt ($7-10/mt) since last week, are at the following levels:
Product | Price |
SD 280 | NTD 16,800-17,300/mt ($536-549/mt) |
SD 420 | NTD 17,400-17,600/mt ($556-562/mt) |
SD 420W V-added | NTD 17,400-17,600/mt ($556-562/mt) |
SD 420 quench | NTD 16,800-17,100/mt ($536-542/mt) |
The above prices include five percent VAT, are ex-warehouse and are also for early and middle of June shipments.
$1 = NTD 30.07