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 31,000-32,500/mt ($1,007-1,056/mt), including five percent VAT, for early and mid-October shipments. The price indicates an increase of NTD 1,000/mt ($32/mt) as compared to last week.
US$1 = NTD 30.782