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 200/mt ($6/mt) over the past week to NTD 8,600-9,000/mt ($266-278/mt) ex-works, for early December shipments.
In the meantime, rebar prices in the Taiwanese domestic market are now at the following levels:
Product | Price | Weekly change |
SD 280 | NTD 10,100-10,400/mt ($312-321/mt) | ↑NTD 200/mt ($6/mt) |
SD 420 | NTD 10,500-10,700/mt ($324-331/mt) | ↑NTD 200/mt ($6/mt) |
SD 420W V-added | NTD 10,500-10,700/mt ($324-331/mt) | ↑NTD 200/mt ($6/mt) |
SD 420 quench | NTD 10,100-10,400/mt ($312-321/mt) | ↑NTD 200/mt ($6/mt) |
The above prices include five percent VAT, are ex-warehouse and are also for early December shipments.
$1 = NTD 32.36