26
Jun
12:02
Taiwanese container scrap market weakens
The Taiwanese market for containerised scrap continues to see lower prices as market sentiment worsens, Kallanish notes. Local steel mills have reduced their orders for scrap due to the decline in long steel prices over the last week.
Leading Taiwanese EAF mill Feng Hsin Iron & Steel announced a cut in its scrap procurement prices by TWD 200/tonne ($6.4/t) on Monday and the sales prices for rebar by TWD 400/t. Together with…
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Anonymous
Very good overview of the weekly steel market.
Anonymous