19
Dec
05:04
Feng Hsin hikes domestic rebar price in Taiwan
Taiwan’s Feng Hsin Iron & Steel this week rolled over its domestic scrap procurement price but raised its rebar prices, Kallanish notes. Rebar prices are rising in regional markets in recent weeks to keep pace with surging scrap and billet import prices.
The Taiwanese mill raised its rebar sales price by TWD 300/tonne ($10/t) and the mill's list price for its #5 (5/8 inches or 15.875 mm nominal diameter base) rebar is TWD 17,500/t ex…
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Anonymous
Very good overview of the weekly steel market.
Anonymous