Taiwan Feng Hsin's rebar list prices keep stable

Feng Hsin Steel, Taiwan's largest rebar producer headquartered in Taichung in central Taiwan, has decided to hold its rebar list prices steady for transactions over September 30-October 4 to monitor market changes, according to a company official.

For business discussions till this Friday, the mini-mill's price for 13mm dia rebar stays unchanged on week at TWD 18,100/tonne ($572/t) EXW, the same level since mid-September, while its buying price for local HMS 1&2 80:20 scrap reaches TWD 9,100/t after its cut of TWD 200/t on September 28,