Tag: Ferrous scrap offers to Taiwan
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Taiwan’s Feng Hsin Raises Rebar, Scrap Prices
Taiwan’s Feng Hsin Steel has raised both its rebar list price and procurement price for locally sourced scrap by TWD 500/tonne ($16.5/t) on week over February 24-28 mainly to reflect better domestic steel sales and the substantial increase in global scrap price, a company official confirmed on Monday. This has been the first round since…