Tag: rebar price drop
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Taiwan’s Feng Hsin cuts rebar, scrap prices
MySteel Global: Feng Hsin Steel, Taiwan’s largest rebar producer headquartered in Taichung in central Taiwan, has decided to cut its rebar list prices and local scrap buying prices both by TWD 200/tonne ($6.2/t) on week for transactions over December 16-20, a company official told Mysteel Global, saying the reductions were in response to weak prices…