8,093.54 TL BIST 100 BIST 100
28.91 $ USD USD
€31.78 EUR EUR
40.73 TL Interest Interest
81.74 $ Fossil Oil Fossil Oil
24.96 $ Silver Silver
3.84 $ Copper Copper
128.44 $ Iron Ore Iron Ore
375.00 $ Ship Dismantling Ship Dismantling
1,902.73 TL Gold (gr) Gold (gr)

Feng Hsin raises scrap and rebar prices

Taiwan's Feng Hsin has increased its scrap and rebar prices this week.

Feng Hsin raises scrap and rebar prices

Feng Hsin Steel Co., Ltd., one of the major electric furnace mills in Taiwan, hiked this week’s purchasing price of scrap by NT$200/ton to NT$11,100/ton and also raised the price of rebar by NT$200/ton to NT$19,500/ton.

The adjustment in rebar price this week was in line with market expectations.

Feng Hsin said that there were no offers from the US scrap shipment last week. During the same period, the price of US containerized scrap price was up by 0.8% from last week, and Australia’s iron ore price increased by 3.9% week on week.


No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Stocks at major South Korean steel mills rise

Wednesday, November 29, 2023

Türkiye's wire rod imports fell sharply

Wednesday, November 29, 2023

TUIK announced! Foreign trade deficit decreased by 17.5%

Wednesday, November 29, 2023

Türkiye's iron and steel sector is recovering in Europe after Africa

Wednesday, November 29, 2023

ITA evaluated the global market at the Global Steel Summit

Wednesday, November 29, 2023
Follow List
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.

There are no news categories you follow
Edit Notification Preferences

Global Iron and Steel Exchanges

Iron and Steel Indices, Price and News

E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now