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 500/mt ($15/mt) over the past week to NTD 11,400-11,800/mt ($349-362/mt) ex-works, for shipments in late July.
In the meantime, rebar prices in the Taiwanese domestic market, which have increased by NTD 500/mt ($15/mt) since last week, are now at the following levels:
Product | Price |
SD 280 | 14,600-14,800 NTD/mt (447-454$/mt) |
SD 420 | 15,000-15,100 NTD/mt (460-463$/mt) |
SD 420W V-added | 15,000-15,100 NTD/mt (460-463$/mt) |
SD 420 quench | 14,600-14,800 NTD/mt (447-454$/mt) |
The above prices include five percent VAT, are ex-warehouse, and are also for shipments in late July.
$1 = NTD 32.63