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 since last week and are still at NTD 15,300-15,500/mt ($510-516/mt) ex-works, for early July shipments.
In the meantime, rebar prices in the Taiwanese domestic market, which have decreased by NTD 100/mt ($3/mt) since last week, are at the following levels:
Product | Price |
SD 280 | NTD 16,900-17,300/mt ($563-576/mt) |
SD 420 | NTD 17,500-17,600/mt ($583-586/mt) |
SD 420W V-added | NTD 17,500-17,600/mt ($583-586/mt) |
SD 420 quench | NTD 16,900-17,100/mt ($563-570/mt) |
The above prices include five percent VAT, are ex-warehouse and are also for early July shipments.
$1 = NTD 30.02