Taiwan's Feng Hsin raises rebar, scrap prices

Feng Hsin Steel, Taiwan's largest rebar producer, has raised its rebar list price and its procurement price for local scrap for transactions over November 17-21, a company official confirmed.

Following the latest price adjustment, the mini-mill is offering 13mm-diameter rebar at TWD 16,400/tonne ($526/t) EXW through Friday, up TWD 200/t from the prior week. Its buying price for local HMS 1&2 80:20 scrap has also increased by TWD 200/t to TWD 8,200/t, according to the official. Prices for imported