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 price and buying price of local scrap for transactions over February 9-13 to monitor the market changes, according to a company official.

For business discussions till this Friday, the Taiwanese mini-mill continues to offer its 13mm-diameter rebar at TWD 16,900/tonne ($536/t) EXW, being unchanged on week after the TWD 300/t rise over the previous week, and its buying price for local HMS 1&2 80:20 scrap stays at TWD 8,600/t, the same