Taiwan's Feng Hsin rolls over rebar, scrap prices further

Feng Hsin Steel, Taiwan's largest rebar producer headquartered in Taichung in central Taiwan, continues to roll over its rebar list prices and buying prices for local scrap for transactions over October 19-23, according to a company official.

For business discussions through this Friday, the Taiwanese mini-mill hold its offer of 13mm-diameter rebar steady at TWD 18,300/tonne ($562/t) EXW, the same level as one month ago, while its buying price for local HMS 1&2 80:20 scrap remains at TWD 9,800/t, unchanged since late September, the official confirmed. Feng