SteelOrbis has been informed that in the local Taiwanese steel market the prices of commercial grade billet of 120 mm x 12 mm have remained unchanged in the past week in the range of NTD 13,300-13,500/mt ($420-427/mt) ex-works, for the end of January shipments.
In the meantime, rebar prices in the Taiwanese domestic market, which decreased by NTD 100/mt ($3/mt) since last week, are now at the following levels:
Product | Price |
SD 280 | NTD 15,300-15,800/mt ($484-499/mt) |
SD 420 | NTD 15,900-16,100/mt ($503-509/mt) |
SD 420W V-added | NTD 15,900-16,100/mt ($503-509/mt) |
SD 420 quench | NTD 15,300-15,600/mt ($483-493/mt) |
The above prices include five percent VAT, are ex-warehouse and are also for the end of January shipments.
$1 = NTD 31.64