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Taiwan Feng Hsin’s scrap, rebar prices up $6.6/t

Feng Hsin Steel, Taiwan’s largest rebar producer headquartered in Taichung, Central Taiwan, has decided to lift its rebar list price and its buying price for locally sourced scrap by TWD 200/tonne ($6.6/t) for the week of December 9-13, given strengthening steel scrap prices in the global market, a company official confirmed on December 9.
After the latest adjustment, Feng Hsin is selling its 13mm dia rebar at TWD 15,900/t for this week after holding its price at TWD 15,700/t for each of the prior six weeks, as Mysteel Global reported. The mini-mill’s buying price for locally sourced HMS 1&280:20 scrap has been raised by the same amount for

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