05
Mar
09:47
Feng Hsin hikes domestic rebar and scrap prices
Taiwan’s Feng Hsin Iron & Steel will hike its domestic rebar sales and scrap purchase prices this week, Kallanish notes. Rising international scrap prices are the main driver for its price increases.
The Taiwanese mill will increase both rebar and scrap prices by TWD 300/tonne ($10/t) from last week. Effective Tuesday, the mill’s rebar list price for #5 (5/8 inches or 15.875mm nominal diameter base) rebar is TWD 17,700/t …
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Anonymous
Very good overview of the weekly steel market.
Anonymous