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Tag: Feng Hsin Steel Scrap Prices

  • Taiwan Feng Hsin’s rebar, scrap prices fall sharply

    Taiwan Feng Hsin’s rebar, scrap prices fall sharply

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    Admin Operation
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    Feng Hsin Steel, Taiwan’s largest rebar producer, has decided to lower its rebar list prices and local scrap buying prices by TWD 800-1,100/tonne ($28.6-39.3/t) for business over January 25-29. The mini-mill’s sharp reductions are mainly a reflection of plummeting scrap prices in the global market, a company official confirmed “We cut our buying prices for…