SteelOrbis has been informed that in the local Taiwanese steel market the prices of commercial grade billet of 120 mm x 12 m are currently being quoted at NTD 18,800-19,000/mt ($654-661/mt) ex-works, including five percent VAT.
Prices have not shown any changes as compared to last week, and are given for late July shipments.
US$1 = NTD 28.745