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 ($377-387/mt) ex-works, for early May shipments.
In the meantime, rebar prices in the Taiwanese domestic market have declined by NTD 100/mt ($3/mt) in the same period and are now at the following levels:
Product | Price |
SD 280 | NTD 13.800-14.100/mt ($445-454/mt) |
SD 420 | NTD 14.400-14.700/mt ($464-474/mt) |
SD 420W V-added | NTD 14.400-14.700/mt ($464-474/mt) |
SD 420 quench | NTD 13.800-14.100/mt ($445-454/mt) |
The above prices include five percent VAT, are ex-warehouse and are also for early May shipments.
$1 = NTD 31.14