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 19,500-19,700/mt ($674-681/mt) ex-works, including five percent VAT.
Prices have increased by NTD 100/mt ($3/mt) as compared to last week, and are given for early and mid-September shipments.
US$1 = NTD 28.94