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 hold its rebar list price and local scrap purchasing price unchanged for transactions over June 29-July 3 to monitor market changes, according to a company official.

For business discussions through this Friday, Feng Hsin continues to offer its 13mm-diameter rebar at TWD 18,100/t ($568/t) EXW, the same level as the prior week. Meanwhile, the mini-mill's buying price for local HMS 1&2 80:20 scrap also stays flat on week at TWD 9,600/t, the official confirmed. Although prices