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 roll over its rebar list price and buying prices for local scrap for transactions over September 29-October 2 to monitor market developments, according to a company official.

The mini-mill held its weekly pricing meeting on Tuesday instead of Monday this week, due to the public holiday on September 28 for Teachers' Day, Mysteel Global noted. For business discussions through till this Friday, the Taiwanese mini-mill continues to offer its 13mm-diameter rebar at TWD 18,300/tonne ($574/t) EXW, while