June 16 MetalBiz--Taiwan's Feng Hsin Iron and Steel has announced to raise its prices for rebar and scrap this week.
The company's debar price was increased NT$400 per ton to NT$16,200 per ton. Meanwhile, its scrap purchasing price was up by NT$300 per ton to NT$9,400-9,900 per ton.
Additionally, the price of section steel remained at the same level and stayed at NT$18,500-18,700 per ton.
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