Author: Admin Operation

Feng Hsin Steel, Taiwan’s largest rebar producer headquartered in Taichung, central Taiwan, has decided to lower its rebar list prices and procurement prices for locally-sourced scrap again, slashing these by TWD 300-400/tonne ($10.1-13.5/t) for transactions over May 9-13 to reflect falling global scrap prices, a company official confirmed on Tuesday. With the latest adjustment, the mini-mill’s…