SteelOrbis has been informed that in the local Taiwanese steel market the prices of commercial grade billet of 120 mm x 12 m have declined by NTD 500/mt ($17/mt) as compared to last week and are now being quoted at NTD 16,600-17,200/mt ($556-577/mt) ex-works, for middle and end of September shipments.
In the meantime, rebar prices in the Taiwanese domestic market, which have decreased by NTD 300/mt ($10/mt) as compared to last week, are now at the following levels:
Product | Price |
SD 280 | NTD 18,300-18,900/mt ($613-634/mt) |
SD 420 | NTD 19,100-19,600/mt ($640-657/mt) |
SD 420W V-added | NTD 19,100-19,600/mt ($640-657/mt) |
SD 420 quench | NTD 18,300-18,800/mt ($613-630/mt) |
The above prices include five percent VAT, are ex-warehouse and are also for middle and late September shipments.
US$1 = NTD 29.83