|
Taiwanese Feng Hsin remains rebar prices unchanged for this week
|
Feng Hsin, one of the major rebar producers in Taiwan announced to remain the list prices for section steel, scrap and H beams unchanged for this week.
After the price cut for consecutive two weeks, the firm decided to keep the prices flat for this week.
After the adjustment, the company’s latest prices of rebar are at NT$19,800/ton; that of section steel is at NT$21,600~NT$21,800/ton and that of scrap is at NT$11,900~NT$12,700/ton.
It is expected that other rebar mills in southern Taiwan will also follow to Feng Hsin to keep the prices flat as well.
As the weather is getting better recently, the rebar demand will be stable, industry sources indicated.
Besides, the international scrap prices also remained stable recently. Therefore, the domestic scrap prices will become stable as well.
News Date
6/26/2012 12:19:41 AM
reported by
Claude Tseng
|
|
|
|
|