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 19,600-19,700/mt ($647-650/mt) ex-works, including five percent VAT.
Prices have decreased by NTD 400/mt ($13/mt) as compared to last week, and are given for late October shipments.
US$1 = NTD 30.28