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Feng Hsin Steel Expected to Raise Rebar Prices Amid Rising Scrap Costs

Non-Energy Minerals · Steel · economic_daily · 2026-09-18

2015

Rising international scrap steel prices are fueling expectations that Feng Hsin will increase rebar prices next week, potentially boosting the broader steel sector.

What Happened

Raw Material Trends: International scrap steel prices have been climbing, putting upward pressure on production costs for domestic steel manufacturers in Taiwan.

Current Pricing: While Feng Hsin maintained stable rebar prices this week, they did increase scrap purchase prices, reflecting the tightening supply-demand balance.

Price Outlook: Industry analysts anticipate that Feng Hsin will likely raise rebar prices by NT$200 to NT$300 per ton next week, supported by seasonal demand and rising raw material costs.

Sector Impact: A successful price hike by Feng Hsin would likely benefit other regional steelmakers, including Hai Kwang, Wei Chih, and Tung Ho Steel, as they head into the peak season.

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