24
Jul
06:01
Taiwanese container scrap market turns down
The Taiwanese market for containerised scrap has returned to a downtrend this week. Steel mills in southern Taiwan cut their scrap purchase prices as the market adjusts downwards, Kallanish notes.
On Monday major Taiwanese EAF mill Feng Hsin Iron & Steel kept its scrap procurement prices and rebar sales prices unchanged again. Its purchase price for HMS 1 was at TWD 8,900/tonne ($286/t) and the ex-works list sales price for…
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Anonymous
Very good overview of the weekly steel market.
Anonymous