Taiwan’s Feng Hsin keeps rebar, scrap prices stable

Taiwan’s largest rebar producer Feng Hsin Steel, headquartered in Taichung, Central Taiwan, has decided to keep its rebar sales prices and procurement prices for locally-sourced scrap stable over the April 7-10 period to monitor market changes in the near term, a company official confirmed on Wednesday.
The mini mill in Taiwan postponed its weekly pricing meeting to April 7 instead of Monday as it wanted to get a better understanding of local steel market conditions after the public holiday over April 2-3 for the Children’s Day and the Qingming Festival. Thus, for business till this Friday, Feng


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