Taiwan's Feng Hsin holds rebar, scrap prices again

Feng Hsin Steel, Taiwan's largest rebar producer, headquartered in Taichung in central Taiwan, has decided to roll over its rebar list prices and buying prices for local scrap again for transactions over March 17-21, according to a company official.

For the business negotiations till this Friday, Feng Hsin's offering price of its 13mm dia rebar stays unchanged on week at TWD 18,500/tonne ($560/t) EXW, and it continues to pay TWD 9,500/t for local HMS 1&2 80:20 scrap, the same level since the start of this month, the official