Taiwan's Feng Hsin Iron & Steel has announced to raise its rebar and scrap purchasing prices this week. The company's rebar price has increased by TWD 300 per tonne to TWD 16,300 per tonne.
Meanwhile, the scrap purchasing price has increased by TWD 300 per tonne to TWD 9,400 to TWD 9,900 per tonne. The section steel price remained at the same level in the range of TWD 18,600 to TWD 18,800 per tonne.
(Sourced from YIEH.corp)
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