Feng Hsin, one of the major steel long product makers in Taiwan announce to remain its list prices for rebar, section steel and scrap unchanged for this week.
Also, the company has kept the prices unchanged for consecutive two weeks.
After the price announcement, the company’s list prices for rebar are at NT$19,100/ton; those for section steel are at NT$21,000~NT$21,200/ton and those for scrap are at NT$11,700~NT$12,400/ton.
It’s analyzed that the major rebar mills in Taiwan have left the prices unchanged recently as the international scrap prices have dropped recently.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=63273&division=A4