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 in the past week at NTD 13,000-13,200/mt ($416-422/mt) ex-works, for mid-February shipments.
In the meantime, rebar prices in the Taiwanese domestic market have decreased by NTD100/mt ($3/mt) during the past week and are now at the following levels:
Product | Price |
SD 280 | NTD 15,000-15,500/mt ($480-496/mt) |
SD 420 | NTD 15,600-15,800/mt ($499-505/mt) |
SD 420W V-added | NTD 15,600-15,800/mt ($499-505/mt) |
SD 420 quench | NTD 15,000-15,300/mt ($480-489/mt) |
The above prices include five percent VAT, are ex-warehouse and are also for mid-February shipments.
$1 = NTD 31.27