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 30,000-31,500/mt ($938-985/mt), including five percent VAT, for middle and late September shipments. The price indicates an increase of NTD 1,000/mt ($31/mt) as compared to last week.
US$1 = NTD 31.972