Author: Abhishek Bhalla
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Taiwan Feng Hsin cuts rebar list price by $13/t
Feng Hsin Steel, Taiwan’s largest rebar producer headquartered in Taichung in central Taiwan, has decided to cut its rebar list prices by a further TWD 400/tonne ($13.2/t) on week for business negotiations during February 20-24, mainly to reflect the weakness in global scrap prices, a company official confirmed on Monday. With the latest adjustments, the…