[www.ferro-alloys.com] Taiwanese southern rebar mills announced new prices today. The major new price level is at NT$13,100/ton. Mills will have some limits to receive orders due to raw material shortage. 

Meanwhile, mills will limit the order quantity with max. 10,000 tons. As raw material keeps going up, mills also reduce to purchase at this moment. 

Due to the prices remain at high level, downstream customers don’t want to take risk to buy for stocks. Therefore, the new price level will need time to observe in the market.

(article from Internet for reference only)

• [Editor:Chen Zhen Seng]