Rebar price quotations up in Taiwan

Domestic rebar prices in Taiwan are continuing to increase due to the limited supply and higher raw material costs. The prices of rebar during the fourth week of 2007 are at the following levels:

Product                         Price  

SD 280           NTD 15,500-16,300/mt ($472-497/mt) 
SD 420           NTD 16,400-16,600/mt ($500-506/mt)
SD 420W V-added  NTD 16,400-16,600/mt ($500-506/mt)
SD 420 quench    NTD 15,500-16,300/mt ($472-497/mt) 

The above prices include five percent VAT and also delivery to customers' premises. All prices are for early February shipments.