SteelOrbis has been informed that in the local Taiwanese steel market the prices of commercial grade billet of 120 mm x 12 mm have declined by NTD 500-600/mt ($16-20/mt) since last week and are now at NTD 15,000-15,100/mt ($493-497/mt) ex-works, for mid-October shipments.
In the meantime, rebar prices in the Taiwanese domestic market, which have decreased by NTD 500-600/mt ($16-20/mt) since last week, are now at the following levels:
Product | Price |
SD 280 | NTD 16,600-17,300/mt ($546-569/mt) |
SD 420 | NTD 17,200-17,600/mt ($566-579/mt) |
SD 420W V-added | NTD 17,200-17,600/mt ($566-579/mt) |
SD 420 quench | NTD 16,600-17,100/mt ($546-563/mt) |
The above prices include five percent VAT, are ex-warehouse and are also for mid-October shipments.
$1 = NTD 30.40