Taiwan: Feng Hsin Steel suspends production in Taichung plant

  • Feng Hsin announced that its Taichung plant would be closed for 8 days from 26th Sept to repair malfunctioning in a substation, as per SteelDaily report.
  • The production plan would be slightly revised after repairing but has a negligible effect on production scale and business.
  • Hence, the production of billet would decrease and the demand of scrap for billet and rebar could further fall.

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