Taiwanese Feng Hsin slashes rebar and scrap purchasing prices

Published: Mar 2, 2015 17:46

Save

Major Taiwanese long steel product manufacturer-Feng Hsin Iron and Steel Co. has decided to reduce its rebar prices for the week commencing March 2nd, 2015.

Author: Paul Ploumis02 Mar 2015 Last updated at 04:32:52 GMT

BEIJING (Scrap Monster): Major Taiwanese long steel product manufacturer-Feng Hsin Iron and Steel Co. has decided to reduce its rebar prices for the week commencing March 2nd, 2015. Also, the scrap purchasing prices will also be reduced during the week. Feng Hsin cites weak domestic market demand as the major reason for the cut in weekly price.

According to company press release by Feng Hsin, the list prices for rebar will now be at NT$ 14,700 per ton, NT$300 lower when compared with the previous week.

The scrap purchasing prices too have been lowered. The scrap prices for the week will be in the range between NT$ 7,400 to NT$ 8,300 per ton, down by NT$200 from the week before.

According to industry experts, the company will most likely cut the base price for small sections during the week.

Feng Hsin Iron & Steel Co., Ltd is a Taiwanese company principally engaged in the manufacture, processing and distribution of iron and steel products.

Feng Hsin Iron and Steel rebar price

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Feb 6, 2026 19:50

Lead Prices Stagnant, Smelters Maintain Firm Offers Amid Losses

Lead prices were in the doldrums, while secondary lead smelters maintained firm offers due to losses. The mainstream spot order ex-factory prices including tax narrowed the discount to the SMM #1 lead average price by 100 yuan/mt, shifting to a premium of 0–25 yuan/mt, with some smelters halting offers and sales.

Feb 6, 2026 19:50

Feb 6, 2026 19:49

"Domestic Secondary Crude Lead Market Slows as Holidays Approach, Smelters Halt Production"

Pre-holiday stockpiling by downstream enterprises had largely concluded, and a few had already entered the holiday period, completely suspending procurement. Next week, secondary lead smelters will enter a concentrated wave of production halts and holidays, resulting in sluggish trading activity in the spot market. Offers for spot refined lead orders were sparse, with prices moving in line with the market.

Feb 6, 2026 19:49

Feb 6, 2026 19:48

Sluggish Transactions in Domestic Secondary Crude Lead Market, Prices at 15,250-15,400 Yuan/mt

The domestic secondary crude lead market experienced sluggish transactions. As of February 6, 2026, the ex-factory tax-exclusive offers for domestic secondary crude lead stood at 15,250-15,400 yuan/mt. Downstream refined lead and alloy smelters gradually entered the holiday period, showing weak stockpiling willingness. Overseas lead ingot suppliers basically halted transactions with China due to poor consumption in the Chinese market, with only some previously concluded shipments maintaining normal in-transit transportation. The trading atmosphere in the secondary crude lead market will continue to weaken next week.

Feb 6, 2026 19:48