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 600/mt ($19/mt) over the past week to NTD 10,200-10,600/mt ($316-328/mt) ex-works, for shipments in late June.
In the meantime, rebar prices in the Taiwanese domestic market, which have increased by NTD 600/mt ($19/mt) since last week, are now at the following levels:
Product | Price |
SD 280 | NTD 12,400-12,600/mt ($384-390/mt) |
SD 420 | NTD 12,800-12,900/mt ($396-399/mt) |
SD 420W V-added | NTD 12,800-12,900/mt ($396-399/mt) |
SD 420 quench | NTD 12,400-12,600/mt ($384-390/mt) |
The above prices include five percent VAT, are ex-warehouse, and are also for shipments in late June.
$1 = NTD 32.32