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 19,800-21,000/mt ($671-711/mt), delivered to customer including five percent VAT and for early January shipments. The prices show an increase of NTD 500/mt ($17/mt) as compared to last week.
US$1 = NTD 29.527