Tag: Taiwan scrap price
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Taiwan Feng Hsin’s rebar, scrap prices drop $29/t
Feng Hsin Steel, Taiwan’s largest rebar producer headquartered in Taichung, Central Taiwan, has again decided to cut its list prices for rebar and buying prices for local-sourced scrap, reducing both by a further TWD 800/tonne ($29/t) respectively for the business over February 1-5. The reductions are mainly in response to the sustained sharp fall in…