Taiwan's Feng Hsin holds rebar, scrap prices again

Taiwan's largest rebar producer, Feng Hsin Steel, headquartered in Taichung in central Taiwan, has decided to roll over its rebar list price and buying price of local scrap again for transactions over August 10-14, according to a company official.

For business discussions through this Friday, the Taiwanese mini-mill continues to offer its 13mm-diameter rebar at TWD 17,800/tonne ($552/t) EXW, marking the third consecutive week that the mill has kept the price unchanged. Its buying price for local HMS 1&2 80:20 scrap also stays flat on week at TWD