News
Feng Hsin hikes rebar and scrap purchasing prices again - 16 Mar, 2010
Taiwan's major steel long products producer Feng Hsin Iron & Steel has announced to hike its scrap purchasing price and rebar price by TWD 300 per tonne this week.

The company said the main reason is due to higher scrap price in the global steel market.

This is the fourth time that Feng Hsin to hike its price after Chinese New Year holiday. Feng Hsin's new rebar offer price will be TWD 19,500 per tonne while the scrap purchasing price will be TWD 12,500 per tonne.

(Sourced from YIEH.corp)



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