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 89,500-90,000/mt ($2,812-2,828/mt) ex-warehouse. The prices indicate a decrease of NTD 2,500-5,000/mt ($79-157/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 93,000-97,000/mt ($2,922-3,047/mt) ex-warehouse. The prices have decreased by NTD 2,000/mt ($63/mt) as compared to the previous week.
The above prices, which include five percent VAT, are for early July shipments.
US$1 = NTD 31.83