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 15,500-15,700/mt ($514-520/mt) ex-works, for mid-June shipments.
In the meantime, rebar prices in the Taiwanese domestic market, which have moved up by NTD 200/mt ($7/mt) since last week, are at the following levels:
Product | Price |
SD 280 | NTD 17,000-17,500/mt ($563-580/mt) |
SD 420 | NTD 17,600-17,800/mt ($583-590/mt) |
SD 420W V-added | NTD 17,600-17,800/mt ($583-590/mt) |
SD 420 quench | NTD 17,000-17,300/mt ($563-573/mt) |
The above prices include five percent VAT, are ex-warehouse and are also for mid-June shipments.
$1 = NTD 30.17