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Feng Hsin Cuts Its Rebar Prices by NT$300/Ton

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Add date: 2016-11-25 Hits:40

Core prompt: It’s reported that Feng Hsin, one of Taiwan’s largest rebar producer announced to cut its rebar prices by NT$300/ton due to decrease prices of the global scraps. The price will be adjuste

It’s reported that Feng Hsin, one of Taiwan’s largest rebar producer announced to cut its rebar prices by NT$300/ton due to decrease prices of the global scraps. The price will be adjusted to NT$17,700/ton aex-works at central west Tainan on Monday.

In the meantime, Feng Hsin had also announced to cut its scrap purchasing price by NT$200/ton to NT$10,500/ton last Saturday in response to the decline in global scrap prices. Therefore, its scrap buying price remained unchanged on Monday according to reported.

keywords: Feng Hsin, Rebar Prices

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