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Feng Hsin unchange all its prices this week
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Feng Hsin, one of the major rebar producers in Taiwan announced its price policy for this week. The company decided to remain the list prices for rebar, section steel and scrap unchanged for this week.
After the adjustment, the company’s latest prices of rebar are at NT$20,300/ton; that of section steel is at NT$22,400~NT$22,600/ton and that of scrap is at NT$12,400~NT$13,200/ton.
Market analyst said that Feng Hsin decided to remain the prices as the NT dollar depreciation recently. Feng Hsin can purchase the scrap by lower cost due to the NT dollar depreciation.
News Date
6/4/2012 12:18:21 PM
reported by
Claude Tseng
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