SteelOrbis has been informed that in the local Taiwanese steel market the prices of commercial grade billet of 120 mm x 12 mm have increased by NTD 300/mt ($9/mt) over the past week to NTD 9,300-9,700/mt ($288-301/mt) ex-works, for shipments in late May.
In the meantime, rebar prices in the Taiwanese domestic market, which have increased by NTD 300/mt ($9/mt) since last week, are now at the following levels:
Product | Price |
SD 280 | NTD 11,500-11,700/mt ($343-349/mt) |
SD 420 | NTD 11,900-12,000/mt ($356-359/mt) |
SD 420W V-added | NTD 11,900-12,000/mt ($356-359/mt) |
SD 420 quench | NTD 11,500-11,700/mt ($343-349/mt) |
The above prices include five percent VAT, are ex-warehouse, and are also for shipments in late May.
$1 = NTD 32.27