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 market at NTD 81,500-82,000/mt ($2,526-2,542/mt) ex-warehouse. The prices indicate a decrease of NTD 1,000/mt ($31/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 market at NTD 83,000-83,500/mt ($2,573-2,588/mt) ex-warehouse. The prices have decreased by NTD 500-2,000/mt ($15-62/mt) as compared to the previous week.
The above prices, which include five percent VAT, are for middle/late January shipments.
US$1 = NTD 32.262