26
Jul
14:49
Taiwan mills suspend scrap purchases due to typhoon
Changes in supply and demand in Taiwan's scrap market are limited this week, but the arrival of the typhoon will further hit demand from local steel mills.
Major Taiwanese steel mill Feng Hsin Iron & Steel has kept its scrap purchasing prices stable and cut rebar sales prices by TWD 200/tonne ($6.43/t) for this week. Its HMS 1 scrap purchase price was at TWD 10,900/tonne ($350) last week, while the list price for #5 (5/8 inches or 15.875mm nomina…
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Anonymous
Very good overview of the weekly steel market.
Anonymous