Because of Taiwan’s government policy, Taiwan rebar price are relatively lower than the global price level, as global rebar prices have soared. However, although the government's export policy is working, some rebar mills have suggested adjusting some part of this export policy.
They said that the government should remove the rebar export limitation policy to earn more foreign exchange and added that the government should also limit the billet exporting quantity to supply Taiwan domestic demand, as its first priority.
(Sourced from YIEH.com)
