Tag: Taiwan Feng Hsin
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Taiwan Feng Hsin lifts scrap buying price by $9/t
ABSTRACT Feng Hsin Steel, Taiwan’s largest rebar producer headquartered in Taichung in central Taiwan, has decided to hike its buying price for locally-sourced scrap by TWD 300/tonne ($9.4/t) for transactions over October 11-14 to encourage deliveries. However, mediocre demand for construction steel has led the mini-mill to roll over its rebar list prices, Mysteel Global…