Feng Hsin, one of the major rebar producers in Taiwan announced to remain the list prices for section steel, scrap and rebar unchanged for this week.
After the adjustment, the company's latest prices of rebar are at NT$19,200/ton; that of section steel is at NT$21,100/ton and that of scrap is at NT$11,600/ton.
Feng Hsin stated that it decided to leave the list prices of its products flat for this week, considering to the uncertain global economic condition even though the steel prices have increased for several weeks in international market.