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 25,500-27,000/mt ($865-916/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 24,500-26,000/mt ($831-882/mt), including five percent VAT, also in the local Taiwanese market. The prices in question indicate increases of NTD 500-1,000/mt ($17-34/mt) as compared to last week. Both prices are given for early March shipments.
US$1 = NTD 29.475