SteelOrbis has been informed that in the local Taiwanese steel market the prices of commercial grade billet of 120 mm x 12 m have increased by NTD 200/mt ($7/mt) as compared to last week and are now being quoted at NTD 16,000-16,200/mt ($545-551/mt) ex-works, for end of September shipments.
In the meantime, rebar prices in the Taiwanese domestic market, which have moved up by NTD 200/mt ($7/mt) as compared to last week, are now at the following levels:
Product | Price |
SD 280 | NTD 17,500-17,900/mt ($596-609/mt) |
SD 420 | NTD 18,300-18,500/mt ($623-630/mt) |
SD 420W V-added | NTD 18,300-18,500/mt ($623-630/mt) |
SD 420 quench | NTD 17,500-17,700/mt ($596-602/mt) |
The above prices include five percent VAT, are ex-warehouse and are also for late September shipments.
US$1 = NTD 29.38