Tag: Ferrous scrap offers to Taiwan
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Taiwan’s Feng Hsin cuts rebar price on weak scrap market
Feng Hsin Steel, Taiwan’s largest rebar producer, has decided to lower both its rebar list price and buying price for locally-sourced scrap over June 30-July 3 due to the weakness of global scrap markets and the negative sentiment in the local steel market, a company official confirmed on Tuesday. The mini mill in Taiwan postponed…