03
Nov
13:20
Taiwan scrap prices fall on lower demand
Taiwan's scrap market has fallen this week. Higher-than-expected prices and slow sales of rebar have led to a decline in purchasing.
Kallanish assessed HMS 1&2 80:20 container scrap on Wednesday at $480/tonne cfr Taiwan, down by $5/t week-on-week.
China's declining steel market has led to the weakening of the steel market in surrounding regions. Taiwan's local rebar sales are also at a low level. Local buyers in Taiwan look forward to lo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous