Feng Hsin, one of the major rebar producers in Taiwan, has announced to remain the list prices for section steel, scrap and rebar unchanged for this week.

Meanwhile, the firm has remained the prices unchanged for consecutive three weeks.

After the announcement, the company's latest prices of rebar are at TWD 19,200 per tonne; that of section steel is at TWD 21,100 to TWD 21,300 per tonne and that of scrap is at TWD 12,000 to TWD 12,800 per tonne.

However, some steel mills in Taiwan said that Feng Hsin should have increased the prices for this week since the international scrap prices have kept soaring for two weeks.

Source - www.yieh.com)

(www.steelguru.com)