Taiwan's Feng Hsin rolls over rebar, scrap prices

Feng Hsin Steel, Taiwan's largest rebar producer headquartered in Taichung, central Taiwan, has decided to roll over its rebar list prices and procurement prices for locally-sourced scrap over March 28-April 1 to monitor market changes in the coming term, a company official confirmed on Monday.

For the business till this Friday, the mini-mill continues to offer its 13mm dia rebar at TWD 25,100/tonne ($872/t) EXW, taking a pause after raising prices for three straight weeks by a total of TWD 2,800/t. Its buying price for local HMS 1&2 80:20 scrap also stays unchanged on