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 11,100-11,400/mt ($365-375/mt) ex-works, for late June shipments.
In the meantime, rebar prices in the Taiwanese domestic market have declined by NTD 300/mt ($10/mt) in the same period and are now at the following levels:
Product | Price |
SD 280 | NTD 12,800-13,000/mt ($421-428/mt) |
SD 420 | NTD 13,200-13,400/mt ($434-441/mt) |
SD 420W V-added | NTD 13,200-13,400/mt ($434-441/mt) |
SD 420 quench | NTD 12,800-13,000/mt ($421-428/mt) |
The above prices include five percent VAT, are ex-warehouse and are also for late June shipments.
$1 = NTD 30.39