This week Feng Hsin Steel increases rebar prices, 13mm rebar prices increased by NT $ 300 / tonne (USD9.2 / ton) to NT $ 13,100 / ton, scrap prices also raised by NT $ 300 / ton to NT $ 6200 / ton .

Feng Hsin Steel said to test terminal demand and traders demand, have tried to raise rebar prices last week, while sales is also good, and therefore decided to raise the price of steel plate.

Recently, international scrap prices have stabilized, the US container scrap to Taiwan rose USD13 / ton to USD204 / ton (CFR).

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