News / Taiwan / cnyes
Feng Hsin Steel Raises Rebar Prices for First Time in Over a Month as Scrap Costs Stabilize
Non-Energy Minerals · Steel · cnyes · 2026-08-31
2015
Taiwanese electric arc furnace steelmaker Feng Hsin has increased its scrap purchase and rebar prices by NT$200 per ton, citing a rebound in global scrap and billet markets.
What Happened
Market Rebound: Feng Hsin Steel has officially ended its downward pricing trend, announcing a NT$200 per ton increase for both scrap purchases and rebar products. This adjustment marks the first price hike in over a month, signaling a shift in market sentiment.
Global Raw Material Trends: International raw material prices have shown resilience, with US containerized scrap rising to $332 per ton and Australian iron ore climbing to $100 per ton. These global indicators have provided the necessary momentum for the company to adjust its domestic pricing strategy.
Strategic Pricing Decisions: The company stated that the price hike is intended to reflect rising production costs and ensure consistent delivery from scrap suppliers. Management noted that domestic rebar demand showed signs of recovery last week, supporting the decision to pass on costs.
Updated Price Structure: Following the latest adjustment, Feng Hsin’s scrap purchase price is set at NT$9,400 per ton, while rebar is priced at NT$17,800 per ton. The base price for structural steel remains unchanged at NT$25,000 per ton to maintain market stability.