SteelOrbis has been informed that in the local Taiwanese steel market the prices of commercial grade billet of 120 mm x 12 m are currently being quoted at NTD 17,800-18,000/mt ($590-597/mt) ex-works, including five percent VAT.
Prices have decreased by NTD 1,100-1,200/mt ($36-40/mt) as compared to last week, and are given for late November shipments.
US$1 = NTD 30.112