It is reported that most of Taiwanese rebar mills' June 2012 sales revenues decreased by 20% MoM due to several raining days in May 2012.

As per report, Tung Ho's June 2012 sales revenue has dropped by 19.4% MoM; Feng Hsin's June 2012 sales revenue fell by 22.3% MoM and Hai Kwang's sales revenue in June 2012 reduced by 17.3% MoM.

Even though most Taiwanese rebar mills' June 2012 sales revenue dropped, their Q2 sales have still stayed firm at the level Q1 2011.

Feng Hsin said that its Q2 sales revenues were at TWD 9.428 billion, rising by 5.3% QoQ, Tung Ho's surged by 6.2% MoM while Hai Kwang's was down by 2%.

The Taiwanese rebar mills expect their shipment volumes to rise in July 2012 if the weather condition turns better.

Source - www.yieh.com)

(www.steelguru.com)