Beam prices increase 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 29,500-30,900/mt ($966-1,012/mt), including five percent VAT. Meanwhile, the price of A36/SS 400 channel bar is being quoted at NTD 29,700-31,000/mt ($972-1,015/mt), including five percent VAT, also in the Taiwanese domestic market.

All prices, which indicate an increase of NTD 800/mt ($26/mt) for L-beam and for channel bar as compared to the previous week, are for mid/late June shipments.