• Steel Market Insider

    We strive to let you one step ahead of the market

Steel News
Advanced search
    Key words
  • Search By
  • Date
  • Classification
  • Region
Advanced search

Taiwanese Feng Hsin hikes rebar prices for this week

  • A
  • A
  • A
Feng Hsin, one of the major rebar producers in Taiwan announced its price policy for this week.

The company decided to hike the list prices of rebar and section steel by NT$300/ton respectively for this week, in response to 35% price rise in industry-use electricity charges.

However, the company decided to cut the scrap prices by NT$200/ton for this week since the prices of local scrap offers were higher than the prices of imported scrap. It’s known that the prices of the US container HMS 80:20 (1&2) to Taiwan last week were at US$445/ton C&F, equal to NT$13,700/ton.

After the adjustment, the company’s latest prices of rebar are at NT$21,500/ton; that of section steel is at NT$22,900~NT$23,100/ton and that of scrap is at NT$13,200~NT$14,000/ton.
News Date 16 Apr 2012 15:03:02 reported by Claude Tseng

US structural pipe exports fall for Sep m-o-m...
Long product
24 Nov 2017 11:37
US and Canadian rig count rises last week ...
Long product
24 Nov 2017 11:31
Peru’ s rebar rises for Sep m-o-m...
Long product
24 Nov 2017 09:21
Most Popular