SteelOrbis has been informed that in the local Taiwanese market the price of JIS C2552 50A 1300 electrical steel of 0.35-0.50 mm thickness is being quoted at NTD 21,000-22,000/mt ($624-654/mt), including five percent VAT, for middle to end of February shipments. The price indicates an increase of NTD 1,000/mt ($30/mt) as compared to the level of two weeks ago.
On the other hand, the price of JIS G3312 CGCC pre-painted galvanized iron (PPGI) of 0.276-0.476 mm thickness is being quoted in the local Taiwanese market at NTD 22,000-29,000/mt ($654-862/mt), including five percent VAT, for middle to end of February shipments. The price have increased by NTD 5,000/mt ($149/mt) as compared to two weeks ago.