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 300/mt ($10/mt) as compared to last week and are now being quoted at NTD 15,000-15,200/mt ($514-521/mt) ex-works, for end of October and early November shipments.
In the meantime, rebar prices in the Taiwanese domestic market, which have moved down by NTD 300-800/mt ($10-24/mt) as compared to last week, are now at the following levels:
Product |
Price |
SD 280 |
NTD 16,500-16,900/mt ($565-579/mt) |
SD 420 |
NTD 17,300-17,500/mt ($593-599/mt) |
SD 420W V-added |
NTD 17,300-17,500/mt ($593-599/mt) |
SD 420 quench |
NTD 16,500-16,700/mt ($565-572/mt) |
The above prices include five percent VAT, are ex-warehouse and are also for late October and early November shipments.
US$1 = NTD 29.19