It is reported that Feng Hsin, one of the major steel long product makers in Taiwan, has announced to remain its list prices of rebar, scrap and section steel unchanged for this week.

After the announcement, the company's latest prices of rebar are at TWD 18,000 per tonne; that of section steel is at TWD 19,900 to TWD 20,100 per tonne and that of scrap is at TWD 10,500 to TWD 11,200 per tonne.

It's learned that Feng Hsin decided to remain the list prices flat for this week as many buyers replenished huge amounts of stocks over the past two weeks.

Source - www.yieh.com)

(www.steelguru.com)