Taiwan's Feng Hsin rolls over rebar, scarp prices

Feng Hsin Steel, Taiwan's largest rebar producer headquartered in Taichung in central Taiwan, has decided to roll over its rebar list prices and procurement prices of local scrap for transactions over January 29-February 2 to monitor the market changes this week, a company official confirmed on Tuesday.

For the business discussions till this Friday, the mini-mill continues to offer its 13mm dia rebar at TWD 20,000/tonne ($642/t) EXW, the same level from the previous week, and its procurement price of local HMS 1&2 80:20 scrap also stays unchanged on week at TWD 11,400/t, according to the