SteelOrbis has been informed that in the local Taiwanese steel market the prices of commercial grade billet of 120 mm x 12 m have decreased by NTD 700-800/mt ($24-27/mt) as compared to last week and are now being quoted at NTD 15,500-16,000/mt ($530-547/mt) ex-works, for mid-October shipments.
In the meantime, rebar prices in the Taiwanese domestic market, which have moved down by NTD 200-600/mt ($7-20/mt) as compared to last week, are now at the following levels:
Product | Price |
SD 280 | NTD 17,000-17,700/mt ($581-605/mt) |
SD 420 | NTD 17,800-18,300/mt ($608-625/mt) |
SD 420W V-added | NTD 17,800-18,300/mt ($608-625/mt) |
SD 420 quench | NTD 17,000-17,500/mt ($581-598/mt) |
The above prices include five percent VAT, are ex-warehouse and are also for mid-October shipments.
US$1 = NTD 29.27