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Taiwanese Feng Hsin sees positive outlook for H2 sales
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According to the president of Feng Hsin, one of the major rebar producers in Taiwan, the global scrap prices have dropped for about one month long and it should reach the bottom soon.
He added that the rising popular construction demand will help the company's sales to go up in the second half of 2012.
Affected by these factors, Feng Hsin may have better sales in the second half of this year, according to the president of the company.
Meanwhile, Feng Hsin's major steel products are rebar, round bar and small sections and its major market is Taiwanese domestic market.
News Date
6/22/2012 11:14:53 AM
reported by
Johnny Lin
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