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Taiwan Feng Hsin rolls over rebar, scrap prices

ABSTRACT

Feng Hsin Steel, Taiwan’s largest rebar producer headquartered in Taichung, Central Taiwan, has decided to roll over its rebar list price and procurement price of locally-sourced scrap for business over September 27-October 1 to monitor market changes during the period, a company official confirmed on Monday.
Consequently, the mini-mill’s list price for 13mm dia rebar stays at TWD 23,100/tonne ($833.9/t) EXW, being unchanged on week after a total of TWD 500/t was added over the prior two weeks, as reported. Feng Hsin is still paying TWD 12,200/t for local HMS 1&2 80:20 scrap for purchases till this Friday after raising its

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