SteelOrbis has been informed that in the local Taiwanese steel market the prices of commercial grade billet of 120 mm x 12 m have decreased by NTD 100-200/mt ($3-7/mt) as compared to last week and are now being quoted at NTD 17,000-17,200/mt ($567-574/mt) ex-works, for early August shipments.
In the meantime, rebar prices in the Taiwanese domestic market, which have declined by NTD 100/mt ($3/mt) as compared to last week, are now at the following levels:
Product | Price |
SD 280 | NTD 18,500-18,900/mt ($617-631/mt) |
SD 420 | NTD 19,300-19,500/mt ($644-651/mt) |
SD 420W V-added | NTD 19,300-19,500/mt ($644-651/mt) |
SD 420 quench | NTD 18,500-18,700/mt ($617-624/mt) |
The above prices include five percent VAT, are ex-warehouse and are also for early August shipments.
US$1 = NTD 29.97