SteelOrbis has been informed that Taiwanese steel producer Feng Hsin Steel (FHS) has reduced its rebar prices for its domestic market by a further NTD 200/mt today, April 18, to NTD 13,600-13,800/mt ($447-454/mt) ex-works, having already reduced its domestic rebar prices by NTD 300/mt on the previous day.
$1 = NTD 30.41