11
Dec
07:14
Strong Taiwanese scrap price drives up rebar price
The Taiwanese containerised scrap market has been driven higher on short supply, Kallanish notes. This has also stimulated a price increase for Taiwanese rebar.
A Taiwanese trader offering HMS 1&2 80:20 container scrap from the US West coast says that the offers are overtaking $265/tonne cfr Taiwan this week. However, the volume offered from the US has not been increased, leaving Taiwan's scrap market in short supply. S…
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Anonymous
Very good overview of the weekly steel market.
Anonymous