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 100-200/mt ($3-7/mt) as compared to last week and are now being quoted at NTD 17,200-17,300/mt ($570-573/mt) ex-works, for mid-August 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 18,600-19,000/mt ($616-629/mt) |
SD 420 |
NTD 19,400-19,600/mt ($642-649/mt) |
SD 420W V-added |
NTD 19,400-19,600/mt ($642-649/mt) |
SD 420 quench |
NTD 18,600-18,800/mt ($616-623/mt) |
The above prices include five percent VAT, are ex-warehouse and are also for mid-August shipments.
US$1 = NTD 30.20