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 over the past week at NTD 9,000-9,400/mt ($276-288/mt) ex-works, for shipments in mid-May.
In the meantime, rebar prices in the Taiwanese domestic market, which have increased by NTD 400/mt ($12/mt) since last week, are now at the following levels:
Product | Price |
SD 280 | NTD 11,200-11,400/mt ($343-349/mt) |
SD 420 | NTD 11,600-11,700/mt ($356-359/mt) |
SD 420W V-added | NTD 11,600-11,700/mt ($356-359/mt) |
SD 420 quench | NTD 11,200-11,400/mt ($343-349/mt) |
The above prices include five percent VAT, are ex-warehouse, and are also for shipments in mid-May.
$1 = NTD 32.62