Tag: mini mill Taiwan
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Taiwan: Feng Hsin cuts rebar, scrap prices as weak demand weighs on market
Weak construction demand continues to pressure steel market Lower import scrap costs reduce mini-mill production expenses Mysteel Global: Taiwan’s largest rebar producer, Feng Hsin Steel, headquartered in Taichung in central Taiwan, has decided to trim its rebar list price and local scrap purchasing price by TWD 200/tonne ($6.2/t) respectively from the previous week for transactions…