SteelOrbis has been informed that the price in the local Taiwanese market of JIS G3302 SGCC cold rolled steel base galvanized coils of 0.25-0.45 mm thickness is being quoted at NTD 25,000-26,000/mt ($860-895/mt), including five percent VAT. Meanwhile, the price of JIS G3302 SGCC cold rolled steel base galvanized coils of 0.50-1.20 mm thickness is being quoted at NTD 24,000-25,000/mt ($826-860/mt), including five percent VAT, also in the local Taiwanese market. The prices in question indicate increases of NTD 500/mt ($17/mt) as compared to last week. Both prices are given for late February shipments.
US$1 = NTD 29.06