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 over the past week to NTD 12,400-12,700/mt ($390-400/mt) ex-works, for middle and end of March shipments.
In the meantime, rebar prices in the Taiwanese domestic market have declined by NTD 200-700/mt ($6-22/mt) in the same period and are now at the following levels:
Product | Price |
SD 280 | NTD 14,200-14,400/mt ($447-453/mt) |
SD 420 | NTD 14,800-15,000/mt ($466-472/mt) |
SD 420W V-added | NTD 14,800-15,000/mt ($466-472/mt) |
SD 420 quench | NTD 14,200-14,400/mt ($447-453/mt) |
The above prices include five percent VAT, are ex-warehouse and are also for middle and end of March shipments.
$1 = NTD 31.78