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 15,600-15,800/mt ($520-527/mt) ex-works, for end of August, early September shipments.
In the meantime, rebar prices in the Taiwanese domestic market, which have trended sideways since last week, are at the following levels:
Product |
Price |
SD 280 |
NTD 17,100-17,600/mt ($570-587/mt) |
SD 420 |
NTD 17,700-17,900/mt ($590-597/mt) |
SD 420W V-added |
NTD 17,700-17,900/mt ($590-597/mt) |
SD 420 quench |
NTD 17,100-17,400/mt ($570-580/mt) |
The above prices include five percent VAT, are ex-warehouse and are also for late August, early September shipments.
$1 = NTD 29.98