Tag: global scrap impact

Taiwan’s Feng Hsin slashes rebar prices by $17/t w-o-w

Jun 11, 2025

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by

Adarsh Ramteke

in Melting Scrap

Feng Hsin cuts rebar and scrap purchase rates Weak demand and lower import scrap weigh on market Mysteel Global: Feng Hsin Steel, Taiwan’s largest rebar producer, has decided to slash its rebar list prices further by TWD 500/tonne (t) ($17/t) and reduce its buying prices of local scrap by TWD 200/t ($7/t) for transactions over…