Taiwan's Feng Hsin rolls over rebar, scrap prices

Taiwan's largest rebar producer, Feng Hsin Steel, headquartered in Taichung in central Taiwan, has decided to roll over its rebar list price and the buying price of local scrap for transactions over June 15-18 to monitor the market changes, according to a company official.

This week is a short working week in Taiwan due to the public holiday on June 19 for the Dragon Boat Festival, Mysteel Global noted. For business discussions through this Thursday, Feng Hsin continues to offer its 13mm-diameter rebar at TWD 18,400/tonne ($583/t) EXW, staying at the same level from