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豐興 2026Q1 法人說明會
2015上市
法人說明會
豐興 2026Q1 法說會簡報重點與營運摘要

豐興鋼鐵 Feng Hsin Steel Co.,Ltd. [time:2025Q4] 法說會簡報

Company Overview

  • 公司簡介 (Profile)
    • 公司成立時間 (Company Founded): January, 1969
    • 實收資本額 (Capital): NTD5.815 Billion (58.15億)
    • 員工人數 (Number of Employees): About 990人
    • 公司所在地 (Location): Houli, Taichung Taiwan (台中市后里區)
    • 主要設備 (Facilities):
      • 85噸DC電弧爐 X 1 (85 MT DC Arc Furnace x 1)
      • 100噸AC電弧爐 X 1 (100 MT AC Arc Furnace x 1)
      • 直列式軋鋼設備 X 3 (Rolling Line x 3)

Financial Highlights

  • 免責聲明 (Safe Harbor Notice)

    • 本簡報2025年第四季財務資訊經會計師查核。 (The related consolidated statements of December 31 2025 were audited by CPA.)
    • 本簡報中對未來的展望,反應本公司截至目前為止對於未來的看法。對於這些看法,未來若有任何變更或調整時,本公司並不負責隨時提醒或更新。 (Except as required by law, we undertake no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise.)
  • 季度簡明合併損益表 (Consolidated Income Statement)

    • 單位: 仟元 (Unit: NTD Thousand)
期間 (Period)2025Q42025Q3QoQ%2024Q4YoY%
營業收入 (Net Sales)6,579,0066,644,232(65,226)-1%8,686,057(2,107,051)-24%
營業毛利 (Gross Profit)766,234826,080(59,846)-7%952,680(186,446)-20%
毛利率 (Gross Profit Margin)11.6%12.4%-0.8%-6%11.0%0.7%6%
營業利益 (Operation Income)557,779630,363(72,584)-12%733,098(175,319)-24%
營業外收入及支出 (Non-operating Income & Expense)103,77064,21439,55662%48,56055,210114%
---採權益法之關聯企業投資份額 (Shares of profit of associates)32,48825,7656,72326%37,862(5,374)-14%
稅前淨利 (Income Before Income Tax)661,549694,577(33,028)-5%781,658(120,109)-15%
本期淨利 (Net Income)546,787566,373(19,586)-3%643,418(96,631)-15%
透過OCI按公允價值衡量之權益工具投資未實現評價損益 (Unrealized gains (losses) from equity instruments investments measured at fair value through other comprehensive income)(12,412)(11,163)(1,249)11%(166,920)154,508-93%
綜合淨利總額 (Total comprehensive income)645,063555,21089,85316%454,628190,43542%
每股稅後盈餘(單位:元) (Earnings per Share (NTD) after tax)0.940.98(0.04)-4%1.11(0.17)-15%
  • 近五年簡明合併損益表及股利發放 (Consolidated Income Statement and Cash dividend)
    • 單位: 仟元 (Unit: NTD Thousand)
期間 (Period)20212022202320242025
營業收入 (Net Sales)38,360,40638,604,92934,882,02334,379,32429,035,659
營業毛利 (Gross Profit)5,648,9234,180,5993,555,7243,654,4983,348,588
毛利率 (Gross Profit Margin)15%11%10%11%12%
營業利益 (Operation Income)4,721,0083,304,4132,710,3552,772,7372,502,212
營業外收入及支出 (Non-operating Income & Expense)307,514476,205191,566226,129243,715
-----採權益法之關聯企業投資份額 (Share of profit of associates)127,850233,394104,904144,219106,766
稅前淨利 (Income Before Income Tax)5,028,5223,780,6182,901,9212,998,8662,745,927
本期淨利 (Net Income)4,034,5653,073,3952,375,4912,475,0192,253,128
每股稅後盈餘(單位:元) (Earnings per Share (NTD) after tax)6.945.284.084.263.88
現金股利(元/股) (Cash dividend)543.53.53.3
  • 簡明合併資產負債表 (Consolidated Balance Sheets)
    • 單位: 仟元 (Unit: NTD Thousand)
項目 (Item)2025.12.31%2025.9.30%2024.12.31%
流動資產 (Current Assets)11,548,04144.69%10,599,99642.78%12,347,99046.27%
非流動資產 (Non-current Assets)4,645,03117.98%4,532,55318.29%4,659,40617.46%
不動產、廠房及設備 (Property, Plant and Equipment)9,647,53937.33%9,644,52438.93%9,680,98936.27%
資產總額 (Total Assets)25,840,611100.00%24,777,073100.00%26,688,385100.00%
流動負債 (Current Liabilities)2,536,2599.81%2,086,4198.42%3,673,00413.76%
非流動負債 (Non-current Liabilities)691,5332.68%722,8982.92%754,2032.83%
負債總額 (Total Liabilities)3,227,79212.49%2,809,31711.34%4,427,20716.59%
股東權益總額 (Total Equities)22,612,81987.51%21,967,75688.66%22,261,17883.41%
每股淨值 (PE)38.8837.7738.28

Business Segments

  • 銷值表 (Sale amounts)
    • 單位: 百萬元 (Unit: NTD Million)
銷售淨額 (Net Sales)2025Q42025Q3QoQ%2024Q4YoY%
型鋼 (Merchant Bar)1,3521,413(61)-4%1,725(373)-22%
條線 (Round Bar)1,5031,626(123)-8%2,024(521)-26%
鋼筋 (Rebar)3,7053,5761294%4,920(1,215)-25%
其他 (others)2029(9)-31%17318%
合計 (Total)6,5806,644(64)-1%8,686(2,106)-24%
  • 銷值表 (Sale amounts) - Annual
    • 單位: 百萬元 (Unit: NTD Million)
銷售淨額 (Net Sales)2025/1-122024/1-12YoY%
型鋼 (Merchant Bar)5,9196,717(798)-12%
條線 (Round Bar)7,0288,216(1,188)-14%
鋼筋 (Rebar)15,99119,353(3,362)-17%
其他 (others)989355%
合計 (Total)29,03634,379(5,343)-16%
  • 銷值表 (Sale amounts) - Sales Mix
銷售組合 (Sales Mix)2025Q42025Q3QoQ2024Q4YoY
型鋼 (Merchant Bar)21%21%0%20%1%
條線 (Round Bar)23%25%-2%23%0%
鋼筋 (Rebar)56%54%2%57%-1%
其他 (others)-----
合計 (Total)100%100%100%
內銷 (Domestic)91%91%0%91%0%
外銷 (Export)9%9%0%9%0%
  • 銷值表 (Sale amounts) - Sales Mix Annual
銷售組合 (Sales Mix)2025/1-122024/1-12YoY
型鋼 (Merchant Bar)21%20%1%
條線 (Round Bar)24%24%0%
鋼筋 (Rebar)55%56%-1%
其他 (others)---
合計 (Total)100%100%
內銷 (Domestic)91%91%0%
外銷 (Export)9%9%0%
  • 銷量表 (Sale quantity)
    • 單位: 噸 (Unit: MT)
銷售量 (Sales qty)2025Q42025Q3QoQ%2024Q4YoY%
型鋼 (Merchant Bar)65,97469,665(3,691)-5%77,543(11,569)-15%
條線 (Round Bar)68,56775,095(6,528)-9%86,102(17,535)-20%
鋼筋 (Rebar)215,859201,40514,4547%256,946(41,087)-16%
其他 (others)120189(69)-37%201(81)-40%
合計 (Total)350,520346,3544,1661%420,792(70,272)-17%
  • 銷量表 (Sale quantity) - Annual
    • 單位: 噸 (Unit: MT)
銷售量 (Sales qty)2025/1-122024/1-12YoY%
型鋼 (Merchant Bar)281,583289,019(7,436)-3%
條線 (Round Bar)313,894335,442(21,548)-6%
鋼筋 (Rebar)887,420988,619(101,199)-10%
其他 (others)9051,137(232)-20%
合計 (Total)1,483,8021,614,217(130,415)-8%
  • 銷量表 (Sale quantity) - Sales Mix
銷售量組合 (Sales Mix)2025Q42025Q3QoQ2024Q4YoY
型鋼 (Merchant Bar)19%20%-1%18%1%
條線 (Round Bar)19%22%-3%21%-2%
鋼筋 (Rebar)62%58%4%61%1%
其他 (others)-----
合計 (Total)100%100%100%
  • 銷量表 (Sale quantity) - Sales Mix Annual
銷售量組合 (Sales Mix)2025/1-122024/1-12YoY
型鋼 (Merchant Bar)19%18%1%
條線 (Round Bar)21%21%0%
鋼筋 (Rebar)60%61%-1%
其他 (others)---
合計 (Total)100%100%
  • 近五年銷量 (Sale quantity for recently five years)
    • 單位: 噸 (Unit: MT)
年別 (Year)202020212022202320242025
型鋼 (Merchant Bar)339,597352,965309,761301,845289,019281,583
條線 (Round Bar)342,810501,998361,635303,081335,442313,894
鋼筋 (Rebar)953,339922,146963,684990,712988,619887,420
合計 (Total)1,635,7461,777,1091,635,0801,595,6381,613,0801,483,802

Outlook & Strategy

  • 全世界鋼鐵業的現況 (The current state of the world's steel industry)
    • 20112025全球主要國家粗鋼生產統計表 (20112025 Statistical table of crude steel production in major countries in the world)
      • 單位: 百萬噸 (Unit: million ton)
國家/年 (Country/Year)2011201220132014201520162017201820192020202120222023202420252025-2024 %
中國 (Mainland China)7027318228238048088719289931,0571,0341,0191,0221,005961-4.40%
日本 (Japan)10810711111110510510510499839689878481-3.95%
美國 (U.S.A)8689878879798287887386818179823.67%
印度 (India)73778187899610210611110011812514114916510.35%
南韓 (S.Korea)696966727069717271677066676462-3.08%
俄羅斯 (Russia)697069717171727272727671767168-4.07%
德國 (Germany)444343434342434240364037353734-6.86%
越南 (Viet Nam)55666812161817232019222512.10%
其他 (Others)381368366340331326342364347326371343328330327-0.98%
合計 (Global)1,5371,5591,6501,6411,5981,6041,6991,7901,8391,8311,9141,8511,8561,8411,804-2.01%
*   **Outlook:** 世界鋼鐵協會於短期展望中指出,2026年全球鋼鐵需求可望溫和成長。中國房市逐步築底、印度基建投資強勁,以及越南與東協等新興市場需求擴張,為主要支撐動能。歐盟與美國亦受惠於基礎建設與國防支出回升,加上各國持續加大 AI 相關資本支出、通膨預期降溫,以及 IMF 上修 2026-2027年全球經濟成長率至 3.3% 與 3.2%,進一步強化成長前景。 (The World Steel Association forecasts moderate growth in global steel demand in 2026, supported by a stabilizing Chinese housing market, strong infrastructure investment in India, and rising demand in emerging markets such as Vietnam and ASEAN. A rebound in infrastructure and defense spending in the EU and the U.S., alongside increased AI-related investment, easing inflation expectations, and the IMF's upward revision of global growth forecasts, further supports this outlook.)
*   資料來源: World Steel Association
  • 2011~2025全球主要國家粗鋼生產佔比 (Proportion of crude steel production in major countries of the world from 2011 to 2025)
國家/年 (Country/Year)201120122013201420152016201720182019202020212022202320242025
中國 (Mainland China)46%47%50%50%50%50%51%52%54%58%54%55%55%55%53%
日本 (Japan)7%7%7%7%7%7%6%6%5%5%5%5%5%5%4%
美國 (U.S.A)6%6%5%5%5%5%5%5%5%4%4%4%4%4%5%
印度 (India)5%5%5%5%6%6%6%6%6%5%6%7%8%8%9%
南韓 (S.Korea)4%4%4%4%4%4%4%4%4%4%4%4%4%3%3%
俄羅斯 (Russia)4%4%4%4%4%4%4%4%4%4%4%4%4%4%4%
德國 (Germany)3%3%3%3%3%3%3%2%2%2%2%2%2%2%2%
越南 (Viet Nam)0%0%0%0%0%0%1%1%1%1%1%1%1%1%1%
其他 (Others)25%24%22%21%21%20%20%20%19%18%19%19%18%18%18%
合計 (Global)100%100%100%100%100%100%100%100%100%100%100%100%100%100%100%
*   **Summary:** 世界鋼鐵協會統計,2025年全球粗鋼產量約18.04億噸,年減2%。中國年減4.4%,占全球約53%,跌破10億噸。印度年增加10.35%,因內需建設與製造業拉動,成為全球成長主力。美國年增約3.67%,受基建與能源相關需求支撐,超越日本成為第3大粗鋼生產國。 (According to the World Steel Association, global crude steel production in 2025 was about 1.804 billion metric tons, down 2% year on year. China's output fell 4.4%, accounting for around 53% of the total and dropping below 1 billion metric tons. India rose 10.35%, leading global growth, while the U.S. increased 3.67%, surpassing Japan to become the third-largest producer.)
*   資料來源: World Steel Association
  • 2019~2026M1 國際廢鋼、鐵礦石價格走勢 (Import Scrap & Iron Ore Price Index)

    • Chart Description: The chart displays the price trends for 62% Iron Ore and Import Scrap No.1 HMS from January 2019 to February 2026.
      • Iron Ore (62%): Prices generally ranged from USD76/MT to USD230/MT, with a peak around mid-2021. In early 2026, it was around USD99/MT.
      • Import Scrap No.1 HMS: Prices generally ranged from USD248/MT to USD665/MT, with a peak around early 2022. In early 2026, it was around USD355/MT.
    • 資料來源: My steel、豐興
  • 中國進出口狀況 (China's import and export status)

    • 2013~2025中國鋼材出口統計 (China's steel product export statistics)
      • 自2020年後出口規模已連續5年增長。2025全年出口月均量達992萬噸,年成長7.1%。2026年起中國政府透過出口許可證制度執行,為低價外銷設下門檻,短期預期可有效收斂外銷量,對亞洲鋼價形成止跌甚至反彈的支撐。 (Since 2020, exports have grown for five consecutive years. In 2025, average monthly exports reached 9.92 million tons, up 7.1% year on year. From 2026, China will introduce an export licensing system to curb low-priced exports, which is expected to reduce export volumes in the short term and support Asian steel prices.)
      • 單位: 萬噸 (Unit: 10,000 tons)
      • 2025 Monthly Average Exports: 992 萬噸 (up 7% YoY compared to 2024)
      • 2025 December Exports: 1,130 萬噸 (record high)
    • 2025 大陸鋼品出口統計 (2025 China's Steel Product Export Statistic)
項目 (Item)2025年月均量 (2025 Monthly Average) 數量(MT)年月均成長率 (Monthly Average Growth(%))2024年月均量 (2024 Monthly Average) 數量(MT)2023年月均量 (2023 Monthly Average) 數量(MT)2024年月平均較2023年月平均增減情形
成品 (Finished Product)9,918,2507.2%9,255,1677,600,08322%
半成品 (Semi-Finished Product (carbon steel blanks))1,221,078137.7%513,789255,214101%
*   **2025 大陸鋼品進口統計 (2025 China's Steel Product Import Statistic)**
項目 (Item)2025年月均量 (2025 Monthly Average) 數量(MT)年月均成長率 (Monthly Average Growth(%))2024年月均量 (2024 Monthly Average) 數量(MT)2023年月均量 (2023 Monthly Average) 數量(MT)2024年月平均較2023年月平均增減情形
成品 (Finished Product)503,317-11.4%568,008637,167-11%
半成品 (Semi-Finished Product (carbon steel blanks))52,447-48.0%100,941213,002-53%
重熔廢鋼 (Remelting scrap)2,329-30.9%3,3736,627-49%
*   資料來源: 西本新干線 / Data Source: Xiben New Line, Mysteel
  • 20142025 中國重熔廢鋼進口走勢 (20142025 China's Remelting scrap import trends)
年度 (Year)201420152016201720182019202020212022202320242025
進口量(萬噸) (Import Volume (10,000 tons))247222206223120614030843
*   資料來源: ITC TRADE MAP
  • 台灣進出口狀況 (Taiwan's import and export status)
    • 2025 台灣條鋼類主要鋼品進口統計 (2025 Taiwan Bar Product Import Statistic)
項目 (Item)2025年月平均 (2025 Monthly Ave.) 數量(MT)年月均量成長率 (Monthly Ave. Growth(%))單價($/kg) (Price($/kg))2024年月平均 (2024 Monthly Ave.) 數量(MT)單價($/kg) (Price($/kg))2023年月平均 (2023 Monthly Ave.) 數量(MT)單價($/kg) (Price($/kg))2024年月平均較2023年月平均增減情形
廢鋼 (Scrap)137,454-39.5%9.53227,33811.42259,37211.96-12%
小鋼胚 (Billet)214,1130.5%14.64213,03716.79178,52217.2419%
鋼筋 (Rebar)39445.4%18.9027123.0118726.5245%
型鋼 (Merchant Bar)3,8445.5%39.753,64238.593,64837.400%
H型鋼 (H-Beam)10,3356.2%21.209,72822.997,79224.0325%
盤元(14mm↓) (BIC(14mm↓))39,3901.0%19.0139,01422.1129,35321.4133%
盤元(14mm↑) (BIC(14mm↑))2,234-3.7%28.002,32029.191,56927.7548%
直棒 (Round Bar)18,307-6.4%31.9619,55335.0615,15640.1329%
*   **2025 台灣條鋼類主要鋼品出口統計 (2025 Taiwan Bar Product Export Statistic)**
項目 (Item)2025年月平均 (2025 Monthly Ave.) 數量(MT)年月均量成長率 (Monthly Ave. Growth(%))單價($/kg) (Price($/kg))2024年月平均 (2024 Monthly Ave.) 數量(MT)單價($/kg) (Price($/kg))2023年月平均 (2023 Monthly Ave.) 數量(MT)單價($/kg) (Price($/kg))2024年月平均較2023年月平均增減情形
廢鋼 (Scrap)3,202-10.4%18.963,57217.813,21920.0411%
小鋼胚 (Billet)662.2%61.63467.87547.88-26%
鋼筋 (Rebar)4,56364.1%19.862,78122.291,48326.3688%
型鋼 (Merchant Bar)13,045-3.0%21.4513,45523.0513,85923.89-3%
H型鋼 (H-Beam)3,260-5.4%22.883,44624.833,47326.02-1%
盤元(14mm↓) (BIC(14mm↓))8,7544.5%23.098,37726.647,95628.655%
盤元(14mm↑) (BIC(14mm↑))2,821-0.2%22.652,82725.013,85827.81-27%
直棒 (Round Bar)9,761-5.2%61.2910,29659.9310,07462.862%
*   資料來源: Mysteel
  • 鋼筋產業 (Rebar industry)
    • 20122025 國內鋼筋表面消費量 (20122025 Domestic Rebar surface consumption)
      • 單位: 千公噸 (Unit: MT Thousand)
年別 (Year)生產/Production (A)進口/Import (B)出口/ Export (C)表面消費量 (D=A+B-C) (Apparent Consumption)表面消費成長% (Growth of Apparent Consumption%)
20125,7793535,730BASE
20135,8702785,794101%
20146,16251076,060106%
20155,77211515,62198%
20164,96012694,69282%
20174,87921714,70982%
20185,42521955,23291%
20195,63501475,48896%
20205,92701105,817102%
20216,30212406,063106%
20226,2681536,215108%
20236,6012186,586115%
20246,5003336,470113%
20256,4915556,441112%
    *   **2025與2023同期比 (2025 vs 2023 YoY):** Production -1.7%, Import 110.7%, Export 207.7%, Apparent Consumption -2.2%
    *   **2025與2024同期比 (2025 vs 2024 YoY):** Production -0.1%, Import 45.4%, Export 64.1%, Apparent Consumption -0.5%
    *   備註: 1.資料來源:台灣鋼鐵工業同業公會網站(生產、出貨、庫存統計、產品別進出口統計資料查詢) (Data Source: TSIIA Website (Production, Delivery, Inventory, Product type Import/Export date search)) 2.表面消費量以2012年為基期(Base),各年度成長率係與基期相比。(Apparent Consumption is calculated by using 2012 figures as base.)
  • 20132025 營建統計-台灣地區歷年核發建築物建照執照統計 (20132025 Construction Statistic - Taiwan Building Construction Permit Approval Statistic)
    • 單位: 件;千平方公尺 (Unit: Cases; Thousand square meters)
年別 (Year)20132014201520162017201820192020202120222023202420252024同期 (YoY)2023同期 (YoY)
件數 (Case)32,99131,99427,64322,51125,03520,13627,14325,98026,08923,25718,54219,52317,919-8.2%-3%
總樓地板面積 (Total Floor Area)39,76038,63532,59626,23529,88433,98436,92841,52143,42545,82837,44339,94332,975-17.4%-12%
與去年同期比(%) (YoY %)4.2%-3.0%-13.6%-18.6%11.2%-19.6%34.8%-4.3%0.4%-10.9%-20.3%5.3%-8.2%
20.9%-2.8%-15.6%-19.5%13.9%13.7%8.7%12.4%4.6%5.5%-18.3%6.7%-17.4%
*   資料來源: 內政部國土管理署業務指標 / Data Source: National Land Management Agency, MOI, construction business metrics
  • 20212025 營建統計-台灣地區近四年逐季核發建築物建照執照統計 (20212025 Statistics of building construction licenses quarterly in the past three years in Taiwan)
    • 單位: 件;千平方公尺 (Unit: Cases; Thousand square meters)
年別 (Year)2022Q12022Q22022Q32022Q42023Q12023Q22023Q32023Q42024Q12024Q22024Q32024Q42025Q12025Q22025Q32025Q42024同期 (YoY)2023同期 (YoY)
件數 (Case)5,6266,3345,6165,6814,1974,7584,8024,7854,3774,8435,0035,3004,4764,7284,6164,099-23%-14%
總樓地板面積 (Total Floor Area)10,71711,14311,82112,1479,2209,3809,2749,5687,93411,08410,09310,8318,3398,7278,4638,045-26%-16%
與上季比(%) (QoQ %)-9.2%12.6%-11.3%1.2%-26.1%13.4%0.9%-0.4%-8.5%10.6%3.3%5.9%-15.5%5.6%-2.4%-11.2%
與去年同期比(%) (YoY %)-12.3%4.0%6.1%2.8%-24.1%1.7%-1.1%3.2%-17.1%39.7%-8.9%7.3%-23.0%4.7%-3.0%-4.9%
-12.1%-7.4%-15.5%-8.3%-25.4%-24.9%-14.5%-15.8%4.3%1.8%4.2%10.8%2.3%-2.4%-7.7%-22.7%
0.7%21.9%3.4%-0.5%-14.0%-15.8%-21.5%-21.2%-13.9%18.2%8.8%13.2%5.1%-21.3%-16.1%-25.7%
*   資料來源: 內政部國土管理署業務指標 / Data Source: National Land Management Agency, MOI, construction business metrics
  • 豐興鋼筋銷售 & 國內市佔率 (Feng Hsin's Rebar Sales & Domestic Market Share)
    • 單位: 噸 (Unit: MT)
期間 (Period)豐興銷售量 (FH Sales)全國銷售量 (Nation Sales)豐興市佔率 (FH Market Share)
2022Q AVG240,9281,718,59714.0%
2023Q AVG247,7621,818,47413.6%
2024Q AVG246,4901,765,20714.0%
2023Q1246,4161,753,84914.1%
2023Q2255,7511,852,65813.8%
2023Q3222,0671,752,45712.7%
2023Q4266,8121,914,93013.9%
2024Q1241,8901,784,91713.6%
2024Q2255,1071,798,25314.2%
2024Q3231,9661,692,07813.7%
2024Q4256,9961,785,58014.4%
2025Q1213,6041,769,86612.1%
2025/Q2256,5841,884,77913.6%
2025/Q3201,2571,645,16012.2%
2025/Q4215,7501,729,85112.5%
2025Q AVG221,7991,757,41412.6%
與2024比較 (vs 2024)-10.02%-0.44%
*   115年M1豐興鋼筋出貨量為71,088噸 (Feng Hsin Rebar sales quantity by 2026 M1 was 71,088 MT)。
  • 廢鐵原料與產品行情走勢 (Scrap iron raw materials and product market trends)
    • 豐興廢鐵與成品行情趨勢 (Feng Hsin's Scrap and Finished Product market trends)
      • The chart shows the price trends for Domestic Scrap Base Price, SBQ Base Price (條線基價), Merchant Base Price (型鋼基價), and Rebar Base Price (鋼筋牌價) from January 2024 to January 2026.
      • Domestic Scrap Base Price: Ranged from 8.4 to 11.2.
      • SBQ Base Price: Ranged from 23.4 to 26.9.
      • Merchant Base Price: Ranged from 23.0 to 26.7.
      • Rebar Base Price: Ranged from 16.2 to 20.0.
    • 豐興廢鐵與成品價差行情趨勢 (Feng Hsin's Scrap and Finished Product Price Difference market trends)
      • The chart illustrates the price differences between finished products and scrap: SBQ vs. Scrap (條線與廢鋼價差), Merchant vs. Scrap (型鋼與廢鋼價差), and Rebar vs. Scrap (鋼筋與廢鋼價差) from January 2024 to January 2026.
      • SBQ vs. Scrap: Ranged from 15.0 to 16.6.
      • Merchant vs. Scrap: Ranged from 14.6 to 16.4.
      • Rebar vs. Scrap: Ranged from 8.2 to 9.6.
    • 資料來源: 豐興鋼鐵 / Data Source: Feng Hsin

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