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Tag: Taiwan scrap prices

  • Taiwan Feng Hsin lifts scrap prices, keeps rebar stable

    Taiwan Feng Hsin lifts scrap prices, keeps rebar stable

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    Admin Operation
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    Feng Hsin Steel, Taiwan’s largest rebar producer headquartered in Taichung, Central Taiwan, has decided to lift its procurement price of locally-sourced scrap by TWD 200/tonne ($7.3/t) for its purchases over September 6-10 to encourage deliveries, a company official confirmed Monday. However, as construction steel demand continues to be depressed, the mini-mill is keeping its rebar…