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 unchanged over the past week at NTD 9,100-9,500/mt ($270-282/mt) ex-works, for end of February shipment.
In the meantime, rebar prices in the Taiwanese domestic market, which have also moved sideways since last week, are now at the following levels:
Product | Price |
SD 280 | NTD 10,700-10,900/mt ($317-323/mt) |
SD 420 | NTD 11,100-11,200/mt ($329-332/mt) |
SD 420W V-added | NTD 11,100-11,200/mt ($329-332/mt) |
SD 420 quench | NTD 10,700-10,900/mt ($317-323/mt) |
The above prices include five percent VAT, are ex-warehouse, and are also for end of February shipments.
$1 = NTD 33.74