SteelOrbis has been informed that in the local Taiwanese steel market the price of JIS G3131 SPHC hot rolled coils of 2.0-4.5 mm thickness is being quoted at NTD 19,000-21,000/mt ($616-680/mt), delivered to customer including five percent VAT and for end-October shipments. The prices show a decrease of NTD 1,000/mt ($32/mt) as compared to last week, marking the third straight week in which a drop has been recorded.
US$1 = NTD 30.860