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 200-600/mt ($7-20/mt) as compared to last week and are now being quoted at NTD 16,200-16,800/mt ($553-573/mt) ex-works, for early and mid-October shipments.
In the meantime, rebar prices in the Taiwanese domestic market, which have moved up by NTD 100/mt ($3/mt) as compared to last week, are now at the following levels:
Product | Price |
SD 280 | NTD 17,600-17,900/mt ($600-611/mt) |
SD 420 | NTD 18,400-18,500/mt ($628-631/mt) |
SD 420W V-added | NTD 18,400-18,500/mt ($628-631/mt) |
SD 420 quench | NTD 17,600-17,700/mt ($600-604/mt) |
The above prices include five percent VAT, are ex-warehouse and are also for early and mid-October shipments.
US$1 = NTD 29.32