Taiwan Feng Hsin Steel's rebar, scrap prices keep stable

Feng Hsin Steel, Taiwan's largest rebar producer, has decided to roll over its rebar list prices and local scrap procurement prices for transactions over September 30-October 3 after noting that global scrap prices remain stable, according to a company official.

The Taiwanese mini-mill delayed its weekly pricing meeting to the morning of Tuesday this week due to the public holiday in Taiwan on September 29, Mysteel Global was told. For business discussions till this Friday, the Taiwanese mini-mill continues to offer its 13mm dia rebar at TWD 16,700/tonne ($548/t) EXW,