Tag: Taiwan: Feng Hsin lowers rebar
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Taiwan: Feng Hsin lowers rebar, scrap prices amid weak demand
US scrap prices fall for seventh consecutive week Chinese steel weakness adds pressure on Taiwan market Taiwan’s largest rebar producer, Feng Hsin Steel, headquartered in Taichung in central Taiwan, has decided to cut its rebar list price and local scrap purchasing price further by TWD 200-300/tonne (t) ($6-9/t) for transactions over 13 July -17 July…