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 31,900-32,900/mt ($1,053-1,086/mt), including five percent VAT. Meanwhile, the price of A36/SS 400 channel bar is being quoted at NTD 32,100-33,100/mt ($1,059-1,092/mt), including five percent VAT, also in the Taiwanese domestic market.

All prices, which indicate an increase of NTD 1,000-1,400/mt ($33-46/mt) for L-beam and channel bar as compared to the previous week, are for early/mid-June shipments.