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 ($521-528/mt) ex-works, for mid-September shipments.
In the meantime, rebar prices in the Taiwanese domestic market, which have trended sideways since last week, are now at the following levels:
Product | Price |
SD 280 | NTD 17,100-17,600/mt ($571-588/mt) |
SD 420 | NTD 17,700-17,900/mt ($591-598/mt) |
SD 420W V-added | NTD 17,700-17,900/mt ($591-598/mt) |
SD 420 quench | NTD 17,100-17,400/mt ($571-581/mt) |
The above prices include five percent VAT, are ex-warehouse and are also for middle of September shipments.
$1 = NTD 29.93