SteelOrbis has been informed that in the local Taiwanese steel market the prices of commercial grade billet of 120 mm x 12 mm have declined by NTD 200-300/mt ($6-10/mt) to NTD 12,700-13,000/mt ($403-412/mt) ex-works, for early March shipments.
In the meantime, rebar prices in the Taiwanese domestic market have remained unchanged during last week and are now at the following levels:
Product | Price |
SD 280 | NTD 14,700-15,300/mt ($466-485/mt) |
SD 420 | NTD 15,300-15,700/mt ($498-498/mt) |
SD 420W V-added | NTD 15,300-15,700/mt ($498-498/mt) |
SD 420 quench | NTD 14,700-15,100/mt ($466-479/mt) |
The above prices include five percent VAT, are ex-warehouse and are also for mid-February shipments.
$1 = NTD 31.53