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 buying prices for local scrap for transactions over January 12-16 to monitor any market changes in the coming week, according to a company official.

For business discussions till this Friday, the mini-mill continues to offer its 13mm-diameter rebar at TWD 16,400/tonne ($518/t) EXW, the same as last week, and its buying price for local HMS 1&2 80:20 scrap also stays unchanged on week at TWD 8,400/t, the official confirmed. Prices of global scrap delivered