Taiwan's Feng Hsin rolls over rebar, scrap prices

Feng Hsin Steel, Taiwan's largest rebar producer headquartered in Taichung in central Taiwan, has decided to hold its rebar list prices and procurement prices for local scrap for transactions over November 24-28, a company official confirmed.

For business discussions till this Friday, the mini-mill continues to offer its 13mm-diameter rebar at TWD 16,400/tonne ($521/t) EXW, the same level as last week, and its buying price for local HMS 1&2 80:20 scrap stays unchanged on week at TWD 8,200/t, according to the official. Last week, the mini-mill