Author: Kanishka Chhabria
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Taiwan: Feng Hsin cuts rebar, scrap prices by $10/t
Feng Hsin Steel, Taiwan’s largest rebar producer headquartered in Taichung in central Taiwan, has decided to cut its rebar list price and procurement price for local scrap by TWD 300/tonne ($9.5/t) respectively on week for transactions over March 4-8, a company official confirmed on Tuesday. With the latest adjustment, the mini-mill is offering its 13mm…