Taiwan's Feng Hsin raises rebar, scrap prices further

Feng Hsin Steel, Taiwan's largest rebar producer headquartered in Taichung in central Taiwan, has decided to lift its rebar list prices and buying prices of local scrap further for transactions over March 16-20 in response to higher global scrap prices and improved rebar demand from local end-users, according to a company official.

With the latest price adjustment, the Taiwanese mini-mill is offering its 13mm-diameter rebar at TWD 18,000/tonne ($564/t) EXW for business negotiations till this Friday, increasing by TWD 500/t on week and marking the highest since mid-April 2025, while its buying price for local HMS 1&2 80:20 scrap also touches