SteelOrbis has been informed that in the local Taiwanese steel market the prices of commercial grade billet of 120 mm x 12 mm have remained unchanged over the past week to NTD 10,900-11,300/mt ($337-349/mt) ex-works, for shipments in mid-July.
In the meantime, rebar prices in the Taiwanese domestic market, which have increased by NTD 1,000/mt ($31/mt) since last week, are now at the following levels:
Product |
Price |
SD 280 |
NTD 14,100-14,300/mt ($436-442/mt) |
SD 420 |
NTD 14,500-14,600/mt ($448-451/mt) |
SD 420W V-added |
NTD 14,500-14,600/mt ($448-451/mt) |
SD 420 quench |
NTD 14,100-14,300/mt ($436-442/mt) |
The above prices include five percent VAT, are ex-warehouse, and are also for shipments in mid-July.
$1 = NTD 32.37