Taiwan Feng Hsin's rebar, scrap prices keep stable

Feng Hsin Steel, Taiwan's largest rebar producer headquartered in Taichung in central Taiwan, has decided to roll over its rebar list prices and procurement prices of local scrap again for transactions over December 1-5 to monitor market changes, a company official confirmed.

For business discussions valid until this Friday, the mini-mill continues to offer its 13mm-diameter rebar at TWD 16,400/tonne ($521/t) EXW, unchanged since the second half of November, and its buying price for local HMS 1&2 80:20 scrap stays at TWD 8,200/t during the same period, according to the official. Prices