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/mt ($10/mt) over the past week to NTD 12,400-12,700/mt ($393-402/mt) ex-works, for mid-March shipments.
In the meantime, rebar prices in the Taiwanese domestic market have declined by NTD 200-300/mt ($6-10/mt) in the same period and are now at the following levels:Product |
Price |
SD 280 |
NTD 14,400-15,100/mt ($456-478/mt) |
SD 420 |
NTD 15,000-15,400/mt ($475-488/mt) |
SD 420W V-added |
NTD 15,000-15,400/mt ($475-488/mt) |
SD 420 quench |
NTD 14,400-14,900/mt ($456-478/mt) |
The above prices include five percent VAT, are ex-warehouse and are also for mid-March shipments.
$1 = NTD 31.56