Tag: Taiwan scrap prices
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Taiwan Feng Hsin lifts scrap prices, keeps rebar stable
Feng Hsin Steel, Taiwan’s largest rebar producer headquartered in Taichung, Central Taiwan, has decided to raise its buying price for locally-sourced scrap by TWD 200/tonne ($7.1/t) on week over October 12-15 in response to higher scrap prices in the global market. However, the mini-mill continued to roll over its rebar list price given the lackluster…