Posted on 28 May 2026
Taiwan's largest rebar producer, Feng Hsin Steel, headquartered in Taichung in central Taiwan, has cut its rebar list price by TWD 200/tonne ($6.4/t) for business discussions over May 25-29, while keeping its local scrap purchase price unchanged for the same period, a company official said.
Following the latest adjustment, Feng Hsin is offering 13mm-diameter rebar at TWD 18,900/t EXW through this Friday, while its buying price for local HMS 1&2 80:20 scrap remains at TWD 10,300/t, unchanged from a week earlier, the official confirmed.
Global scrap prices delivered to Taiwan have generally remained firm, prompting local mini-mills to maintain their scrap procurement prices to encourage deliveries, Mysteel Global learned.
As of May 25, US-origin HMS 1&2 80:20 scrap was quoted at $364/t CFR Taiwan, unchanged from a week earlier, while Japan-origin H2 scrap price came in at $390/t CFR Taiwan, up $5/t from a month ago. No quotations for Japanese H2 scrap had been available over the previous three weeks, according to a local market source in Taiwan.
However, rebar demand from downstream contractors in Taiwan remained subdued over the past week. At the same time, billet prices in Chinese mainland weakened alongside finished steel prices, adding pressure to Taiwan's rebar market and prompting local mini-mills to lower their list prices accordingly, the Feng Hsin official told Mysteel Global.
For example, Mysteel assessed China's national price for HRB400E 20mm rebar at Yuan 3,432/t ($506/t) including 13% VAT as of May 22, down Yuan 58/t from a week earlier. Over the same period, the price of Tangshan Q235 150mm square billet in Hebei province, North China, fell Yuan 50/t on week to Yuan 3,040/t EXW including 13% VAT.
Source:Mysteel Global
