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Feng Hsin Raise Its Rebar Prices by Nt$400/Ton to Nt$18,900/Ton for This Week

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Core Tip: Feng Hsin, one of the major steel long product makers in Taiwan announced to raise its rebar prices by NT$400/ton to NT$18,900/ton for this we

Feng Hsin, one of the major steel long product makers in Taiwan announced to raise its rebar prices by NT$400/ton to NT$18,900/ton for this week.

Besides, the company increased its scrap prices by NT$400/ton to NT$11,500~NT$12,200/ton for this week.

However, Feng Hsin postpone offering list prices for section steel products for thus week and its list price remained at NT$20,500~NT$20,700/ton.

Industry sources said that the firm may raise the prices for section steel products soon after it hikes the list prices for rebar and scrap substantially by NT$400/ton for this week.

 
Keyword: Feng Hsin, steel, Taiwan, rebar prices
 
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