Trade Resources Industry Views Taiwanese Feng Hsin Has Announced to Cut Its Rebar Price by NT$200/ton

Taiwanese Feng Hsin Has Announced to Cut Its Rebar Price by NT$200/ton

Tags: rebar, Taiwan

Taiwanese Feng Hsin has announced to cut its rebar price by NT$200/ton in the beginning of this week.

It is reported that some of southern Taiwan's rebar mills plan to cut is rebar base price to NT$17,200/ton to win more orders; however, it failed to bring attention from customers.

Buyers said that NT$17,200~17,400/ton can be accepted for them, but they are looking for more price decline due to the lack confidence in the market.

 

 

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=67972&division=A4
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