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 stable over the past week at NTD 10,100-10,400/mt ($319-329/mt) ex-works, for late September shipments.
In the meantime, rebar prices in the Taiwanese domestic market have declined by NTD 400/mt ($13/mt) in the same period and are now at the following levels:
Product | Price |
SD 280 | NTD 10,900-11,200/mt ($345-354/mt) |
SD 420 | NTD 11,300-11,500/mt ($357-363/mt) |
SD 420W V-added | NTD 11,300-11,500/mt ($357-363/mt) |
SD 420 quench | NTD 10,900-11,200/mt ($345-354/mt) |
The above prices include five percent VAT, are ex-warehouse and are also for late September shipments.
$1 = NTD 31.64