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 300-700/mt ($10-23/mt) since last week and are now at NTD 14,300-14,800/mt ($471-487/mt) ex-works, for middle and end of October shipments.
In the meantime, rebar prices in the Taiwanese domestic market, which have decreased by NTD 200-500/mt ($7-16/mt) since last week, are now at the following levels:
Product | Price |
SD 280 | NTD 16,400-16,800/mt ($540-553/mt) |
SD 420 | NTD 17,000-17,100/mt ($560-563/mt) |
SD 420W V-added | NTD 17,000-17,100/mt ($560-563/mt) |
SD 420 quench | NTD 16,400-16,600/mt ($540-547/mt) |
The above prices include five percent VAT, are ex-warehouse and are also for middle and end of October shipments.
$1 = NTD 30.37