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.
After the announcement, its list prices for rebar are at NT$17,300/ton; those for section steel are at NT$19,300~NT$19,500/ton and those for scraps are at NT$10,500~NT$11,200/ton.
It’s learned that the demand is better. Normally, Feng Hsin should increase price for this week. However, the company decided to remain its rebar prices unchanged for this week to stimulate demand further.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=64630&division=A4
