31
Jul
12:30
Taiwan scrap market expects liquidity
The Taiwanese scrap steel market is currently experiencing a significant liquidity crunch, with both the domestic and imported scrap steel sectors seeing a sharp decline in activity over the past month.
Summer power cuts and weak domestic steel demand has resulted in limited interest from both suppliers and buyers. End-user buyers are adopting a wait-and-see approach, leading to a lack of price support. In addition, the recent typhoon has also hindered the tr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous