Feng Hsin, one of the major steel long product manufacturers in Taiwan announced to cut its list prices for rebar by NT$200/ton to NT$18,200/ton for this week after continuously raising prices for consecutive six weeks.
However, the firm remained its list prices for section steel and scrap unchanged by NT$20,200~NT$20,400/ton and NT$10,800~NT$11,500/ton respectively.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=61877&division=A4
