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 300/mt ($10/mt) as compared to last week and are now being quoted at NTD 17,500-17,600/mt ($584-587/mt) ex-works, for middle and end of July shipments.
In the meantime, rebar prices in the Taiwanese domestic market, which have declined by NTD 200/mt ($7/mt) as compared to last week, are now at the following levels:
Product | Price |
SD 280 | NTD 19,100-19,500/mt ($638-651/mt) |
SD 420 | NTD 19,900-20,100/mt ($664-671/mt) |
SD 420W V-added | NTD 19,900-20,100/mt ($664-671/mt) |
SD 420 quench | NTD 19,100-19,300/mt ($638-644/mt) |
The above prices include five percent VAT, are ex-warehouse and are also for middle and end of July shipments.
US$1 = NTD 29.96