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Taiwan Feng Hsin holds rebar, scrap buying 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 buying price for locally-sourced scrap for the second week over November 29-December 3 to monitor the market environment in the coming term, according to a company official on Monday.
In business negotiations till this Friday, the Taiwanese mini-mill continues to offer its 13mm dia rebar at TWD 22,300/tonne ($802/t) EXW, the lowest since mid-May, and its procurement price for local HMS 1&2 80:20 scrap also stays unchanged on week at TWD 11,700/t, Mysteel Global noted.   As of November 29, the

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