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Taiwan’s Feng Hsin increases scrap purchasing price this week

27 Oct 2020 15:27 reported by Jordan Huang

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Feng Hsin Steel Co., Ltd., one of the major electric furnace mills in Taiwan, announced to increase the price of its products for this week.

According to the price announcement, the purchasing price of scrap would be NT$7,600/ton, increased by NT$300/ton week-on-week; the selling price of rebar would be NT$15,600/ton, also increased by NT$300/ton from last week.

Moreover, the selling price of section steel would remain the same as last week, NT$20,100/ton.

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