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Feng Hsin to cut rebar prices
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It’s reported that Feng Hsin, one of the major rebar mills in Taiwan announced to cut its prices of rebar and section steel and scrap purchasing price for this week.
After the announcement, its latest list prices of rebar are at NT$21,000/ton; that of scrap is at NT$13,700~NT$14,500/ton and that of section steel is at NT$22,800~NT$23,000/ton.
It’s said that Feng Hsin cut the prices for this week to fight against weak demand.
News Date
10/12/2011 8:39:37 AM
reported by
Claude Tseng
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