SteelOrbis has been informed that in the local Taiwanese steel market the prices of commercial grade billet of 120 mm x 12 mm have declined by NTD 300-400/mt ($9-13/mt) over the past week to NTD 11,700-12,000/mt ($370-380/mt) ex-works, for end of March and early April shipments.
In the meantime, rebar prices in the Taiwanese domestic market have declined by NTD 200-300/mt ($6-9/mt) in the same period and are now at the following levels:
Product | Price |
SD 280 | NTD 13,800-14,000/mt ($436-443/mt) |
SD 420 | NTD 14,400-14,600/mt ($455-462/mt) |
SD 420W V-added | NTD 14,400- 14,600/mt ($455-462/mt) |
SD 420 quench | NTD 13,800-14,000/mt ($436-443/mt) |
The above prices include five percent VAT, are ex-warehouse and are also for end of March and early April shipments.
$1 = NTD 31.62