【SMM Steel】Taiwan's Feng Hsin Steel approved a 3.3 TWD cash dividend per share for 2025 at its May 27 shareholders' meeting. The company announced its new rebar processing plant will be completed in Q2 and open in Q3, creating an integrated process from manufacturing to cutting and shaping for direct delivery to downstream clients. Feng Hsin aims to expand its construction steel market share amid strong demand from public infrastructure and semiconductor plant construction. The company also utilizes hot direct rolling technology to lower costs and emissions.