Rebar price quotations up in Taiwan

Domestic rebar prices in Taiwan are continuing to climb due to the higher scrap cost. The prices of rebar during the ninth week of 2007 are at the following levels:

Product                         Price  

SD 280           NTD 16,500-17,000/mt ($500-515/mt) 
SD 420           NTD 17,200-17,800/mt ($521-540/mt)
SD 420W V-added  NTD 17,200-17,800/mt ($521-540/mt)
SD 420 quench    NTD 16,500-16,600/mt ($500-503/mt) 

The above prices include five percent VAT and are also ex-warehouse. All the prices are for early March shipments.