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 19,700-20,000/mt ($644-653/mt) ex-works, including five percent VAT.
Prices have increased by NTD 100-300/mt ($3-10/mt) as compared to last week, and are given for early October deliveries.
US$1 = NTD 30.79