Taiwan’s Feng Hsin to hike rebar price for July
Feng Hsin Iron & Steel Co, one of the major electric furnace mills in Taiwan, has announced to hike rebar prices at NT$200/ton for July.
After price announcement, Feng Hsin's rebar price will be at NT$14,500/ton. Meanwhile, the prices of scrap and H section products remain flat for July.
Market demand quantity continues to improve, therefore, it expects the price will keep going up in short term.
