Author: Paul Ploumis17 Mar 2015 Last updated at 02:56:43 GMT
BEIJING (Scrap Monster): Major Taiwanese long steel product manufacturer-Feng Hsin Iron and Steel Co. has decided to leave its rebar prices for the week commencing March 16th, 2015 unchanged. Also, the prices of section steel will remain flat during the week. The company has announced that the scrap purchasing prices too will remain unchanged.
According to company press release by Feng Hsin, the list prices for rebar will continue to remain at NT$ 14,500 per ton, unchanged from the previous week. The price for section steel during the week will be in the range of NT$ 18,000 per ton, holding steady when compared with the previous week prices.
The scrap purchasing prices will remain unchanged from the previous week. The scrap buy prices for the week will be in the range between NT$ 7,400 to NT$ 8,300 per ton.
Feng Hsin Iron & Steel Co., Ltd is a Taiwanese company principally engaged in the manufacture, processing and distribution of iron and steel products.