Taiwan Feng Hsin's rebar, scrap prices keep stable

Feng Hsin Steel, Taiwan's largest rebar producer, has decided to roll over its rebar list price and procurement price of local scrap for transactions over November 10-14, a company official confirmed.

Consequently, for business discussions till this Friday, the Taiwanese mini-mill continues to offer its 13mm dia rebar at TWD 16,200/tonne ($522/t) EXW, unchanged from the prior week, while its buying price of local HMS 1&2 80:20 scrap also stays the same on week at TWD 8,000/t, he confirmed. Local mini-mills