Tag: steel industry Taiwan
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Taiwan: Feng Hsin cuts rebar, scrap prices amid weak demand
Lower construction steel trading reflects weak demand Local HMS 80:20 buying price reduced Mysteel Global: Taiwan’s largest rebar producer, Feng Hsin Steel, headquartered in Taichung in central Taiwan, has decided to cut its rebar list price and buying price of local scrap by TWD 200/tonne (t) ($6/t) respectively for transactions over 1 June-5 june, according…