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 25,500-27,300/mt ($797-853/mt), including five percent VAT, for late January shipments. The price indicates an increase of NTD 800-1,000/mt ($25-31/mt) as compared to last week.
US$1 = NTD 31.992