Taiwanese Feng Hsin cuts rebar prices for this week

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Publish time: 10th September, 2013      Source: ChinaCCM
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It's reported that Feng Hsin, one of the major steel long product manufacturers in Taiwan announced to cut its rebar prices by NT$200/ton to NT$17,900/ton for this week.

It's learned that the company's price cut was affected by falling scrap prices in international market.

However, Feng Hsin remained its prices for section steel unchanged at NT$19,900~NT$20,100/ton.

Besides, it kept its scrap purchasing prices unchanged at NT$10,900~NT$11,800/ton.