Tag: Ferrous scrap offers to Taiwan

Taiwan’s largest rebar producer Feng Hsin Steel, headquartered in Taichung, Central Taiwan, has decided to cut its rebar sales prices by TWD 500/tonne ($16.5/t) for sales over March 30-April 1 after clipping its procurement prices for its locally-sourced scrap by TWD 300/t last Saturday, a company official confirmed on Monday. The reductions were mainly prompted…