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Taiwanese Feng Hsin postpones releasing rebar prices on uncertain electricity charges
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It’s reported that Feng Hsin, one of the major rebar mills in Taiwan decided to postpone releasing its rebar price policy for this week due to uncertain electricity charges.
The company stated that it decided to postpone the rebar price announcement for this week as it’s difficult to calculate the input costs due to the uncertain price hike for electricity charges.
Meanwhile, the company remained the prices of scrap and section steel unchanged at NT$13,000/ton and NT$22,600/ton respectively for this week.
News Date
4/11/2012 1:05:07 PM
reported by
Frio Chou
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