SteelOrbis has been informed that in the local Taiwanese steel market the prices of commercial grade billet of 120 mm x 12 mm have remained stable over the past week at NTD 10,800-11,200/mt ($349-362/mt) ex-works, for mid-August shipments.
In the meantime, rebar prices in the Taiwanese domestic market have declined by NTD 100/mt ($3/mt) in the same period and are now at the following levels:
Product | Price |
SD 280 | NTD 12,700-12,900/mt ($410-417/mt) |
SD 420 | NTD 13,100-13,300/mt ($423-430/mt) |
SD 420W V-added | NTD 13,100-13,300/mt ($423-430/mt) |
SD 420 quench | NTD 12,700-12,900/mt ($410-417/mt) |
The above prices include five percent VAT, are ex-warehouse and are also for mid-August shipments.
$1 = NTD 30.94