Feng Hsin Steel Co., Ltd., a Taiwan-based company principally engaged in manufacturing, processing, and trading steel products, declared its product list prices for this week. The rebar, scrap, and section steel prices remained unchanged at NT$19,100/ton, NT$10,300/ton, and NT$26,200/ton, respectively.

Meanwhile, the prices of Japan’s H2 scrap kept flat at US$357/ton, and the US containerized scrap remained at US$345/ton. Australian iron ore prices went up from US$106/ton to US$107.35/ton. Feng Hsin indicated that there were no quotations for the US’ scrap shipment last week.