Feng Hsin, one of the major steel long product makers in Taiwan, announced to remain its list prices for rebar, section steel and scraps unchanged for this week. The company released its list prices for rebar at NT$17,000/ton; those for section steel at NT$19,000~NT$19,200/ton and those for scraps at NT$10,300~NT$11,000/ton. It is learned that the market demand is still weak. However, Feng Hsin has not decided to drop its prices for this week. The company decided to remain its prices unchanged to stablize the price at this period of time.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=64850&division=A4
