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 200/mt ($7/mt) as compared to last week and are now being quoted at NTD 18,100-18,200/mt ($604-607/mt) ex-works, for end of June shipments.
In the meantime, rebar prices in the Taiwanese domestic market, which have remained stable since last week, are still at the following levels:
Product | Price |
SD 280 | NTD 19,600-20,000/mt ($654-667/mt) |
SD 420 | NTD 20,400-20,600/mt ($681-687/mt) |
SD 420W V-added | NTD 20,400-20,600/mt ($681-687/mt) |
SD 420 quench | NTD 19,600-19,800/mt ($654-661/mt) |
The above prices include five percent VAT, are ex-warehouse and are also for end of June and early July shipments.
US$1 = NTD 29.97