Taiwan Feng Hsin holds rebar, scrap prices for 3rd week

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 for locally-sourced scrap for the third week over June 6-10 to monitor the market movement, a company official confirmed on June 7.

For business discussions till this Friday, the mini-mill continues to offer its 13mm dia rebar at TWD 23,300/tonne ($790/t) EXW, and its buying price for local HMS 1&2 80:20 scrap also keeps stable on week at TWD 13,000/t this week, according to the official. The mini-mill in Taiwan is in