Taiwan's Feng Hsin cuts rebar prices, holds scrap

Feng Hsin Steel, Taiwan's largest rebar producer and headquartered in Taichung city, Central Taiwan, has decided to reduce its rebar list prices for this week but will roll over its scrap procurement prices, a company official confirmed on June 11.

Feng Hsin Steel, Taiwan’s largest rebar producer and headquartered in Taichung city, Central Taiwan, has decided to reduce its rebar list prices for this week but will roll over its scrap procurement prices, a company official confirmed on June 11.After the adjustment, for this June 11-15 week Feng Hsin