SteelOrbis has been informed that in the local Taiwanese steel market the price of JIS C2552 50A 1300 electrical steel of 0.35-0.50 mm thickness is being quoted at NTD 31,500-33,000/mt ($985-1,032/mt), including five percent VAT, for early and mid-September shipments. The price indicates an increase of NTD 500/mt ($16/mt) as compared to last week.
US$1 = NTD 31.974