Feng Hsin, one of the major rebar mills in Taiwan, has announced to increase its list prices of rebar and scrap by TWD 200 per tonne respectively for this week.

After the adjustment, its latest list prices of rebar and scrap are at TWD 20,500 per tonne and TWD 13,300 to TWD 14,100 per tonne respectively.

Meanwhile, it kept the list prices of section steel unchanged at TWD 21,500 to TWD 21,700 per tonne for this week.

Dealers indicated that Feng Hsin’s latest price policy met the forecast.

(Sourced from www.yieh.com)