Beam prices decrease in Taiwan

SteelOrbis has been informed that in the Taiwanese local market the price of A36/SS 400 L-beam (unequal angles) is being quoted at NTD 30,700-31,300/mt ($1,003-1,022/mt), including five percent VAT. Meanwhile, the price of A36/SS 400 channel bar is being quoted at NTD 30,900-31,500/mt ($1,009-1,028/mt), including five percent VAT, also in the Taiwanese domestic market.

All prices, which indicate decreases of NTD 1,500-1,800/mt ($49-59/mt) for L-beam and NTD 1,600-1,800/mt ($52-59/mt) for channel bar respectively as compared to the previous week, are for late August-early September shipments.