Tag: Feng Hsin Steel Scrap Prices
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Taiwan Feng Hsin’s scrap price drops, rebar keeps stable
Feng Hsin Steel, Taiwan’s largest rebar producer, trimmed its buying price for locally-sourced ferrous scrap by another TWD 300/tonne ($11/t) on Monday for purchases over May 31-June 4 to reflect the weakness in the global market. The mill kept its rebar list prices unchanged for this week, however. Before the regular price adjustment on Monday,…