The rebar selling price in Taiwan domestic market is around NT$16,100~16,300/MT (about US$537~543/MT) which is only NT$100/MT (about US$3.3/MT) different than local buyers' target price of NT$16,000~16,200/MT (about US$533~540/MT). Actually, it should be not difficult for sellers and buyers to get deal confirmed by this NT$100/MT price gap; however, Taiwan's sellers said if they compromised buyer's idea this time, the same story will happen again and again in the coming future. Taiwan's rebar mills said they could accept for the reasonable price negotiation, but not this time, because there are some local stcokists try to make rebar price to drop further maliciously.
