CRC prices down in Taiwanese local market, HRC prices unchanged – week 16

SteelOrbis has been informed that in the local Taiwanese steel market the prices of JIS G3141 SPCC cold rolled coils (CRC) of 0.3-1.5 mm thickness have fallen by NTD 500/mt ($17/mt) as compared to last week and are now standing at NTD 21,000-23,000/mt ($711-779/mt) delivered to customer, on actual weight basis, while the prices of JIS G3131 SPHC hot rolled coils (HRC) of 2.0-4.5 mm are at NTD 20,500-21,000/mt ($695-712/mt) delivered to customer, on actual weight basis, reflecting no changes from last week. Both price ranges include five percent VAT and are for end of April and early May shipments
 
US$1 = NTD 29.52