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Feng Hsin Iron & Steel Co, one of the major electric furnace mills in Taiwan, has announced to rise its rebar and scrap purchasing prices by NT$600/ton and NT$300/ton in this week. 

After price announcement, Feng Hsin's new rebar base price will be NT$13,100/ton and its scrap purchasing price will be NT$6,400~7,000/ton. At the same time, Feng Hsin has announced to hold its steel section flat for this week which the new base price will stay at NT$17,000/ton.

• [Editor:Chen Zhen Seng]