ޱĵ
Search: News Price
Home |  Register |  Price Index  |  Publication |  Consultancy |  Data |  Events |  Enquiry |  Language
Dec.09.2019 1USD=7.0405RMB
  SteelHome >>Raw Material>>Market Info>>International Dynamics
 
Rising International Scrap Prices may Support Taiwanese Rebar Prices

//en.steelhome.cn [SteelHome] 2019-12-02 17:28:35

share to social network site
Feng Hsin Steel Co., Ltd., one of the major electric furnace mills in Taiwan, remained its rebar and section steel prices and hiked its scrap purchasing prices by NT$200 last week.

According to understanding, Feng Hsin supplied limit allocation to distributors and it all sold out last week. Affected by this, the downstream customers thought the price might be increased this week.

Feng Hsin's move was tried to reduce the price gap with southern Taiwanese rebar mills, and southern rebar price was to be stimulated and up.

Under consideration of the international scrap price markup and domestic scrap source was limited, rebar mills might increase price this week. If the prices didn't rise, rebar mills might reduce the orders.

Source: Yieh
Related News
Search
News Price
Hot Topics
Latest Update
Most Viewed
ϺͨŹB2-20040629
Copyright© 2004-. SteelHome.cn. All Rights Reserved
Shanghai SteelHome E-Commerce Co.,  Ltd    Tel: +86) 021-50585733, 50585358    Fax: 021-50585277