SteelOrbis has been informed that the price of stainless steel hot rolled coils of 3-5 mm thickness is being quoted in the local Taiwanese steel market at NTD 97,000-102,000/mt ($3,122-3,283/mt) ex-warehouse. The prices indicate an increase of NTD 3,000/mt ($97/mt) as compared to last week.
Meanwhile, stainless steel cold rolled coils of 0.8-1.5 mm thickness are being offered in the local Taiwanese steel market at NTD 100,000-103,000/mt ($3,219-3,315/mt) ex-warehouse. The prices have increased by NTD 3,000/mt ($97/mt) as compared to the previous week.
The above prices, which include five percent VAT, are for early and mid-October shipments.
US$1 = NTD 31.07