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Taiwanese Feng Hsin’s list prices of 45C round bar drop
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It’s reported that Taiwanese Feng Hsin cut the list prices of 45C round bar by NT$1,500/ton in response to the price dip of China Steel Corp. (CSC) and Dragon Steel.
After the adjustment, the list prices of 45C round bar with diameter of 103mm~150mm are at NT$24,700/ton and that of 45C round bar with diameter of 13mm~100mm is at NT$25,200/ton.
It’s known that the current transaction prices of imported 45C round bar with large diameter are at NT$24,000~NT$24,500/ton.
Thus, the price gap between Feng Hsin’s 45C round bar and the imported materials has narrowed.
News Date
12/2/2011 8:34:04 AM
reported by
Claude Tseng
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