The domestic rebar prices in Taiwan have shown a recovery of NTD 500/mt ($15/mt) as compared to three weeks ago. The local rebar prices are currently at the following levels:
Product | Price |
SD 280 | NTD 16,000-16,500/mt ($470-485/mt) |
SD 420 | NTD 17,000-17,700/mt ($499-520/mt) |
SD 420W V-added | NTD 17,000-17,700/mt ($499-520/mt) |
SD 420 quench | NTD 16,000-16,500/mt ($470-485/mt) |
The above prices include five percent VAT and are also ex-warehouse. All the prices are for end of February shipments.
US$1 = NTD 34.0483